Innovations from SMEs or large firms? : sector structure and dynamics
AbstractIn this paper we investigate which elements in both an industryâ€™s structure and in an industryâ€™s dynamics affect innovativeness. We use the most appropriate measure for innovativeness â€“new product announcements- to find specifically that dominance of large firms consistently affect industry innovativeness negatively. Other industry structure characteristics are surprisingly consistent across different model specifications. Our findings for indicators of industry dynamics are noteworthy for instance as they contrast with the ILC predication that firm entry will boost innovativeness.
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Bibliographic InfoPaper provided by Utrecht School of Economics in its series Working Papers with number 07-30.
Length: 27 pages
Date of creation: 2007
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-01-19 (All new papers)
- NEP-BEC-2008-01-19 (Business Economics)
- NEP-COM-2008-01-19 (Industrial Competition)
- NEP-CSE-2008-01-19 (Economics of Strategic Management)
- NEP-ENT-2008-01-19 (Entrepreneurship)
- NEP-INO-2008-01-19 (Innovation)
- NEP-MIC-2008-01-19 (Microeconomics)
- NEP-PKE-2008-01-19 (Post Keynesian Economics)
- NEP-TID-2008-01-19 (Technology & Industrial Dynamics)
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