American Economic Review Vol. 78 No. 4 1988
Innovation in Large and Small Firms: An Empirical Analysis
Abstract
[We present a model suggesting that innovative output is influenced by R&D and market structure characteristics. Based on a new and direct measure of innovation, we find that (1) the total number of innovations is negatively related to concentration and unionization, and positively related to R&D, skilled labor, and the degree to which large firms comprise the industry; and (2) these determinants have disparate effects on large and small firms.]
- Volume
- 78
- Issue
- 4
- Pages
- 678-690
- Sources
- bibtex:phds-export.bib