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High-growth firms, innovation and the distance to the frontier

Author

Listed:
  • Werner Hölzl

    (Austrian Institute of Economic Research (WIFO))

  • Klaus Friesenbichler

    (Austrian Institute of Economic Research (WIFO))

Abstract

This paper studies the differences in the R&D and innovation behaviour of high-growth firms for 16 EU countries. The results confirm that R&D and innovation are important characteristics for high-growth firms in countries close to the technological frontier, but not for high-growth firms in countries further away from the technological frontier.

Suggested Citation

  • Werner Hölzl & Klaus Friesenbichler, 2010. "High-growth firms, innovation and the distance to the frontier," Economics Bulletin, AccessEcon, vol. 30(2), pages 1016-1024.
    • Handle: RePEc:ebl:ecbull:eb-10-00122
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I2-P95.pdf
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    References listed on IDEAS

    as
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    6. Coad, Alex & Rao, Rekha, 2008. "Innovation and firm growth in high-tech sectors: A quantile regression approach," Research Policy, Elsevier, vol. 37(4), pages 633-648, May.
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    8. Werner Hölzl, 2009. "Is the R&D behaviour of fast-growing SMEs different? Evidence from CIS III data for 16 countries," Small Business Economics, Springer, vol. 33(1), pages 59-75, June.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    R&D; high-growth firms; innovation; Europe; distance to the frontier; CIS;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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