Product Innovation and Firm Growth: Evidence from the Integrated Circuits Industry
AbstractApplied research on growth and innovation seems to suggest that successful innovations do not significantly enhance firm growth. This paper tests the hypothesis that the level of observation at which applied research is typically conducted hampers identification of a significant association between innovation and sales growth rates. Exploiting a unique data set, we find that product innovations commercialized in the immediate past positively affect the corporate revenue streams of semiconductor companies.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 08-06.
Date of creation: 2008
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Web page: http://www.druid.dk/
Other versions of this item:
- Marco Corsino & Roberto Gabriele, 2011. "Product innovation and firm growth: evidence from the integrated circuit industry," Industrial and Corporate Change, Oxford University Press, vol. 20(1), pages 29-56, February.
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- Jakub Growiec & Fabio Pammolli & Massimo Riccaboni, 2011.
"Innovation and Corporate Dynamics: A Theoretical Framework,"
DISA Working Papers
2011/08, Department of Computer and Management Sciences, University of Trento, Italy, revised 29 Jul 2011.
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