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Research Scientist Productivity and Firm Size: Evidence from Panel Data on Inventors

  • Jinyoung Kim

    ()

    (Department of Economics, Korea University)

  • Sangjoon John Lee

    (Alfred University)

  • Gerald Marschke

    (University at Albany and IZA)

It has long been recognized that worker wages and possibly productivity are higher in large firms. Moreover, at least since Schumpeter (1942) economists have been interested in the relative efficiency of large firms in the research and development enterprise. This paper uses longitudinal worker-firm-matched data to examine the relationship between the productivity of workers specifically engaged in innovation and firm size in the pharmaceutical and semiconductor industries. In both industries, we find that inventors?productivity increases with firm size. This result holds across different specifications and even after controlling for inventors?experience, education, the quality of other inventors in the firm, and other firm characteristics. We find evidence in the pharmaceutical industry that this is partly accounted for by differences between how large and small firms organize R&D activities.

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File URL: http://econ.korea.ac.kr/~ri/WorkingPapers/w0708.pdf
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Paper provided by Institute of Economic Research, Korea University in its series Discussion Paper Series with number 0708.

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Date of creation: 2007
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Handle: RePEc:iek:wpaper:0708
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  6. Jinyoung Kim & Sangjoon John Lee & Gerald Marschke, 2009. "Relation of Firm Size to R&D Productivity," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 8(1), pages 7-19, April.
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