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Product Innovation, Process Innovation, and Size

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  • Michael Fritsch
  • Monika Meschede

Abstract

We test the hypothesis that large firms devote a higher proportion of their expenditure on research and development (R&D) on process innovation than smaller firms.

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File URL: http://hdl.handle.net/10.1023/A:1011856020135
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Bibliographic Info

Article provided by Springer in its journal Review of Industrial Organization.

Volume (Year): 19 (2001)
Issue (Month): 3 (November)
Pages: 335-350

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Handle: RePEc:kap:revind:v:19:y:2001:i:3:p:335-350

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Web page: http://www.springerlink.com/link.asp?id=100336

Related research

Keywords: Enterprise size; process innovation; product innovation; R & D expenditure;

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References

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  1. Richard C. Levin & Alvin K. Klevorick & Richard R. Nelson & Sidney G. Winter, 1988. "Appropriating the Returns from Industrial R&D," Cowles Foundation Discussion Papers 862, Cowles Foundation for Research in Economics, Yale University.
  2. Nelson, C. & Startz, R., 1988. "Some Furthere Results On The Exact Small Sample Properties Of The Instrumental Variable Estimator," Working Papers 88-06, University of Washington, Department of Economics.
  3. Lunn, John E, 1986. "An Empirical Analysis of Process and Product Patenting: A Simultaneous Equation Framework," Journal of Industrial Economics, Wiley Blackwell, vol. 34(3), pages 319-30, March.
  4. Cohen, Wesley M & Klepper, Steven, 1996. "Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 232-43, May.
  5. Cohen, Wesley M & Klepper, Steven, 1996. "A Reprise of Size and R&D," Economic Journal, Royal Economic Society, vol. 106(437), pages 925-51, July.
  6. Frederic Scherer, 1984. "Using Linked Patent and R&D Data to Measure InterindustryTechnology Flows," NBER Chapters, in: R & D, Patents, and Productivity, pages 417-464 National Bureau of Economic Research, Inc.
  7. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
  8. Scherer, F. M., 1982. "Inter-industry technology flows in the United States," Research Policy, Elsevier, vol. 11(4), pages 227-245, August.
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