Empirical Patterns of Firm Growth and R&D Investment: a Quality Ladder Model Interpretation.

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the discrete choice models of product differentiation.

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Year of publication:	1998
Authors:	Klette, T.J. ; Griliches, Z.
Institutions:	Økonomisk institutt, Universitetet i Oslo
Subject:	ECONOMIC GROWTH \| RESEARCH AND DEVELOPMENT \| INNOVATIONS

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Extent:	application/pdf
Series:	Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Memorandum Number 23/1998 27 pages
Classification:	O41 - One, Two, and Multisector Growth Models ; O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005652094