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R & D Spillovers and Recipient Firm Size

Zoltan J. Acs; David B. Audretsch¹; Maryann P. Feldman²

¹ WZB Berlin Social Science Center · ² Public Policy Institute of California

The findings in this paper provide some insight into how small firms are able to innovate. Using a production function approach to relate knowledge generating inputs to innovative output, the empirical results suggest that small firms are the recipients of R&D spillovers from knowledge generated in the R&D centers of their larger counterparts and in universities. Such R&D spillovers are apparently more decisive in promoting the innovative activity of small firms than of large corporations. Copyright 1994 by MIT Press.

DOI

10.2307/2109888

Volume

76 (2)

Pages

336

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