This paper investigates whether public support for small and medium-sized enterprises (SMEs) creates incentives for their reluctance to grow. Our main hypothesis is that SMEs have an incentive to hinder their growth as they approach SME eligibility thresholds beyond which public support ceases....

This paper investigates the reasons why technological leaders voluntarily share their research outputs with competitors, especially those with lower research capability. Building a two-stage analytical model, we show that technological leaders have incentives to create cooperative knowledge...

This study investigates the relationship between technological diversification and the productivity of firms' R&D. Using a panel dataset of U.S. manufacturing firms during the period of 1983-2002, we find the following: First, the firm-specific pool of knowledge spillovers has a non-linear...

This paper investigates whether the type of technological regime moderates the effects of entry timing, entry size (i.e., initial resources), and active (post-entry) learning on firm survival. By analyzing a unique dataset of newly founded Korean manufacturing firms, we find that the effects of...

This paper investigates, using a unique panel dataset of Korean manufacturing firms, the relationship between technological diversification and firm growth and the conditioning role of firm-specific core-technology competence in the relationship. First, the relationship is inverted U-shaped...

This paper investigates the conditioning role of R&D employee training on the effect of the stock of technological knowledge on firm R&D productivity. We suggest that R&D employee training enhances firm-specific technological competence, thereby enabling the firm to better utilize the stock of...

This paper aims to shed some new insights on the long-debated and both extensively and intensively explored relationship between market concentration and industry R&D intensity. In order to do so, this study develops, from a classic Dorfman-Steiner [1954] model of firm R&D, a model of industry...