Demirel, Pelin (contributor); Mazzucato, Mariana (contributor) - 2007
The paper studies the dynamics of firm growth and firm size distributions in the pharmaceutical industry from 1950 to … 2003 and in the biotechnology industry from the early 1980's to 2003. Growth dynamics are studied in the context of how the … observation, and that the growth advantage of small pharma firms increases after the 1980's as the process of innovation becomes …