The impressive body of research published by the late Steven Klepper spanned a diverse array of topics, but among the most important were issues related to the evolution of industry structure. This survey of Steve Klepper’s work on these issues compares his scholarly legacy with that of Alfred D. Chandler, Jr. Both scholars addressed similar topics, and a comparison of Klepper’s work on firm and industry evolution with that of Chandler highlights enduring research challenges in economics, strategy, and business history.

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