Patenting Behavior and Employment Growth in German Start-Up Firms
Michaela Niefert
Chapter 7 in Entrepreneurship in the Region, 2006, pp 113-142 from Springer
Abstract:
Abstract Innovation is universally regarded as a major source of economic growth. Correspondingly, innovation activities of firms are generally supposed to have a positive effect on firm performance. Product innovations increase demand; process innovations reduce marginal production costs. As a consequence, firms are able to conquer market shares at the expense of other firms and enhance their competitiveness. However, the time span of a competitive advantage is very short in highly competitive markets and continuous innovations are necessary to maintain a leading position. The positive relationship between innovation activities and economic performance is empirically less established at the firm level than at the macro-level.
Keywords: Employment Growth; Innovative Activity; Patent Activity; European Patent Office; German Firm (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-0-387-28376-0_7
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DOI: 10.1007/0-387-28376-5_7
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