Firm Size and Participation in R&D

Robert W. Vossen and Bart Nooteboom

Chapter 6 in Determinants of Innovation, 1996, pp 155-168 from Palgrave Macmillan

Abstract: Abstract In this chapter we employ a model of research and development where it is modelled as a stochastic race in which the winner takes all, as the basis of an empirical study of the relationship between firm size and innovative activity. This model, first proposed by Nooteboom (1991), is an extension of earlier models by Loury (1979), Lee and Wilde (1980) and Dasgupta and Stiglitz (1980, 1981) to incorporate several possible effects of scale.

Keywords: Firm Size; Small Firm; Large Firm; Expenditure Model; Entry Cost (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13917-0_6

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DOI: 10.1007/978-1-349-13917-0_6

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