Fritsch, Michael (contributor); Stephan, Andreas (contributor) - 2004
characterizing the extent of heterogeneity within an industry that is robust with regard to extreme values of a few small firms. It … was found that the level of intra-industry heterogeneity is mainly determined by an industries' average technical … efficiency, average firm size, capital intensity and the rate of new firm formation. Most strikingly, we find that in about 95 …