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innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … productivity. Secondly, we draw attention to recent modeling and estimation effort that reveals novel sources of heterogeneity, non …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
Persistent link: https://www.econbiz.de/10012286283
innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … productivity. Secondly, we draw attention to recent modeling and estimation effort that reveals novel sources of heterogeneity, non …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
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According to Gibrat’s Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. While earlier studies tended to confirm the Law, more recent research generally rejects it. This paper reconciles these two streams of...
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The aim of this paper is to investigate the growth dynamics of young small firms (in contrast with larger and older incumbents) in a developing country context, using a unique and comprehensive dataset of non-agricultural Tunisian companies. Our results suggest that significant differences...
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