Marschke, Gerald; Kim, Jinyoung; Lee, Sangjoon John - University at Albany, SUNY, Department of Economics - 2004
Many studies have shown that small firms generate more patents per R&D dollar than large firms. Does this mean that small firms are more efficient innovators than large firms? In this paper we exploit a unique data set to reexamine the firm size-innovation relationship. Because firm-reported R&D...