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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

Abstract: 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, 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)
Date: 2004-08-11
New Economics Papers: this item is included in nep-bec and nep-com
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Citations: View citations in EconPapers (6) Track citations by RSS feed

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http://repec.org/esFEAM04/up.13307.1075927800.pdf (application/pdf)

Related works:
Working Paper: Research Scientist Productivity and Firm Size: Evidence from Panel Data on Inventors (2007) Downloads
Working Paper: Research Scientist Productivity and Firm Size: Evidence from Panel Data on Investors (2004) Downloads
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