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Is firm size conducive to R&D choice? A strategic analysis of product and process innovations

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  • Yin, Xiangkang
  • Zuscovitch, Ehud

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  • Yin, Xiangkang & Zuscovitch, Ehud, 1998. "Is firm size conducive to R&D choice? A strategic analysis of product and process innovations," Journal of Economic Behavior & Organization, Elsevier, vol. 35(2), pages 243-262, April.
  • Handle: RePEc:eee:jeborg:v:35:y:1998:i:2:p:243-262
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    1. Richard J. Rosen, 1991. "Research and Development with Asymmetric Firm Sizes," RAND Journal of Economics, The RAND Corporation, vol. 22(3), pages 411-429, Autumn.
    2. Utterback, James M & Abernathy, William J, 1975. "A dynamic model of process and product innovation," Omega, Elsevier, vol. 3(6), pages 639-656, December.
    3. 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 232-243, May.
    4. Reinganum, Jennifer F, 1983. "Uncertain Innovation and the Persistence of Monopoly," American Economic Review, American Economic Association, vol. 73(4), pages 741-748, September.
    5. Katz, Michael L & Shapiro, Carl, 1987. "R&D Rivalry with Licensing or Imitation," American Economic Review, American Economic Association, vol. 77(3), pages 402-420, June.
    6. David E.W. Laidler, 1991. "An Overview," Introductory Chapters, in: The Golden Age of the Quantity Theory, Princeton University Press.
    7. Reinganum, Jennifer F, 1984. "Uncertain Innovation and the Persistence of Monopoly: Reply," American Economic Review, American Economic Association, vol. 74(1), pages 243-246, March.
    8. Yin, Xiangkang & Ng, Yew-Kwang, 1997. "Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes: A Case with Product Differentiation," Australian Economic Papers, Wiley Blackwell, vol. 36(68), pages 14-22, June.
    9. Lippman, Steven A. & Mamer, John W., 1992. "Innovation and the persistence of monopoly," Economics Letters, Elsevier, vol. 38(1), pages 83-91, January.
    10. Jennifer F. Reinganum, 1985. "Innovation and Industry Evolution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 81-99.
    11. Seade, Jesus, 1980. "The stability of cournot revisited," Journal of Economic Theory, Elsevier, vol. 23(1), pages 15-27, August.
    12. Gilbert, Richard J & Newberry, David M G, 1984. "Uncertain Innovation and the Persistence of Monopoly: Comment," American Economic Review, American Economic Association, vol. 74(1), pages 238-242, March.
    13. Richard C. Levin & Peter C. Reiss, 1988. "Cost-Reducing and Demand-Creating R&D with Spillovers," RAND Journal of Economics, The RAND Corporation, vol. 19(4), pages 538-556, Winter.
    14. Gilbert, Richard J & Newbery, David M G, 1982. "Preemptive Patenting and the Persistence of Monopoly," American Economic Review, American Economic Association, vol. 72(3), pages 514-526, June.
    15. Davies, Stephen W., 1979. "Inter-firm diffusion of process innovations," European Economic Review, Elsevier, vol. 12(4), pages 299-317, October.
    16. Kamien,Morton I. & Schwartz,Nancy L., 1982. "Market Structure and Innovation," Cambridge Books, Cambridge University Press, number 9780521293853, December.
    17. Spence, Michael, 1984. "Cost Reduction, Competition, and Industry Performance," Econometrica, Econometric Society, vol. 52(1), pages 101-121, January.
    18. Pavitt, Keith & Robson, Michael & Townsend, Joe, 1987. "The Size Distribution of Innovating Firms in the UK: 1945-1983," Journal of Industrial Economics, Wiley Blackwell, vol. 35(3), pages 297-316, March.
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    Cited by:

    1. Rosenkranz, Stephanie, 2003. "Simultaneous choice of process and product innovation when consumers have a preference for product variety," Journal of Economic Behavior & Organization, Elsevier, vol. 50(2), pages 183-201, February.
    2. Jarle Aarstad & Olav Andreas Kvitastein & Stig-Erik Jakobsen, 2019. "What Drives Enterprise Product Innovation? Assessing How Regional, National, And International Inter-Firm Collaboration Complement Or Substitute For R&D Investments," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(05), pages 1-25, June.
    3. Aksoy, Hasan, 2017. "How do innovation culture, marketing innovation and product innovation affect the market performance of small and medium-sized enterprises (SMEs)?," Technology in Society, Elsevier, vol. 51(C), pages 133-141.
    4. Rosenkranz, Stephanie & Cefis, Elena & Weitzel, Utz, 2005. "Effects of Acquisitions on Product and Process Innovation and R&D Performance," CEPR Discussion Papers 5275, C.E.P.R. Discussion Papers.
    5. Galende, Jesus & de la Fuente, Juan Manuel, 2003. "Internal factors determining a firm's innovative behaviour," Research Policy, Elsevier, vol. 32(5), pages 715-736, May.
    6. Cellini, Roberto & Lambertini, Luca & Sterlacchini, Alessandro, 2009. "Managerial incentive and the firms’ propensity to invest in product and process innovation," MPRA Paper 12935, University Library of Munich, Germany.
    7. Charlie Karlsson & Sam Tavassoli, 2016. "Innovation strategies of firms: What strategies and why?," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1483-1506, December.
    8. Martha Torres-Barreto & Marianela Luzardo Briceño & Mileidy Alvarez-Melgarejo, 2018. "The R&D funding scenario: Can capabilities foster product innovation of firms? El escenario de financiación de I + D: ¿pueden las capacidades fomentar la innovación de productos de las empresas? [E," Working Papers hal-01867121, HAL.
    9. Benjamin Rene Kern & Juan Manuel Mantilla Contreras, 2014. "Mergers and the Incentives to Undertake Product Innovation Oriented R&D: First Steps Towards an Assessment Approach," MAGKS Papers on Economics 201417, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    10. Juan Vicente García Manjón & Rafael Mompó & Judith Redoli, 2016. "Accelerating Innovation in Small and Medium-Sized Enterprises in the ICT Services Sector," SAGE Open, , vol. 6(3), pages 21582440166, September.
    11. Yin, Xiangkang, 2008. "Going-public vs. private sales: A two-tiered agency approach," International Review of Financial Analysis, Elsevier, vol. 17(3), pages 523-538, June.
    12. Pedro P. Barros & Tore Nilssen, 1999. "Industrial Policy and Firm Heterogeneity," Scandinavian Journal of Economics, Wiley Blackwell, vol. 101(4), pages 597-616, December.
    13. Dawid, Herbert & Keoula, Michel Y. & Kopel, Michael & Kort, Peter M., 2015. "Product innovation incentives by an incumbent firm: A dynamic analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 411-438.
    14. Huvaj, M. Nesij & Johnson, William C., 2019. "Organizational complexity and innovation portfolio decisions: Evidence from a quasi-natural experiment," Journal of Business Research, Elsevier, vol. 98(C), pages 153-165.
    15. Erika Färnstrand Damsgaard & Per Hjertstrand & Pehr‐Johan Norbäck & Lars Persson & Helder Vasconcelos, 2017. "Why Entrepreneurs Choose Risky R&D Projects – But Still Not Risky Enough," Economic Journal, Royal Economic Society, vol. 127(605), pages 164-199, October.
    16. Alex Coad & Rekha Rao, 2011. "The firm-level employment effects of innovations in high-tech US manufacturing industries," Journal of Evolutionary Economics, Springer, vol. 21(2), pages 255-283, May.
    17. Rafael Llorca vivero, 2001. "Product Differentiation and Process R&D: The Trade-off Between Quality and Productivity in the Spanish Firm," Journal of Industry, Competition and Trade, Springer, vol. 1(2), pages 181-202, June.
    18. Dachen Sheng & Heather Montgomery, 2022. "Should Firms in Emerging Markets Invest in R&D? Evidence from China’s Manufacturing Sector," JRFM, MDPI, vol. 15(11), pages 1-17, November.
    19. Becker, Annette & Hottenrott, Hanna & Mukherjee, Anwesha, 2022. "Division of labor in R&D? Firm size and specialization in corporate research," Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 1-23.
    20. Hicks, Diana & Hegde, Deepak, 2005. "Highly innovative small firms in the markets for technology," Research Policy, Elsevier, vol. 34(5), pages 703-716, June.
    21. Ruqia Shaikh & Zhiqiang Li & Xiaoli Wang & Muhammad Rizwan Nazir, 2022. "Firm innovation and ultimate control mechanism: Case of emerging market," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(2), pages 440-456, March.

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