Firm Size and Participation in R&D

  • Robert W. Vossen
  • Bart Nooteboom
Chapter

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 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

Authors and Affiliations

  • Robert W. Vossen
  • Bart Nooteboom

There are no affiliations available

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