Research Scientist Productivity and Firm Size: Evidence from Panel Data on Inventors
Sangjoon Lee and
Jinyoung Kim ()
No 465, Econometric Society 2004 Far Eastern Meetings from Econometric Society
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 inventorsâ€™ productivity increases with firm size. This result holds across different specifications and even after controlling for inventorsâ€™ experience, past productivity, the quality of other inventors in the firm, and other firm characteristics
Keywords: Patents; Innovation; Labor productivity; Research; Firm size (search for similar items in EconPapers)
JEL-codes: O32 O34 J24 (search for similar items in EconPapers)
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Working Paper: Research Scientist Productivity and Firm Size: Evidence from Panel Data on Inventors (2007)
Working Paper: Research Scientist Productivity and Firm Size: Evidence from Panel Data on Investors (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ecm:feam04:465
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