Can One Discriminate between High-Growth Firms in Terms of Their Technology Specificity? An Empirical Verification

Lidija Zajec and Maks Tajnikar
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Lidija Zajec: Faculty of Economics, Ljubljana, Slovenia
Maks Tajnikar: Faculty of Economics, Ljubljana, Slovenia

Zagreb International Review of Economics and Business, 2006, vol. 9, issue Special Conference Issue, 169-184

Abstract: The authors aim to address two issues relating to the asset specificity of firms with respect to their technology. By applying discriminant analysis to a sample of fast-growing firms, they attempt to develop simple and robust prediction equations. These equations would in turn utilise a few items of circumstantial information regarding firms to predict whether they are likely to invest relatively more in the R&D of new products or services or if they are likely to possess more or less specific technology.

Keywords: firms; technology; R&D (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2006
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