Yang, Chih-Hai; Huang, Chia-Hui - In: Small Business Economics 25 (2005) 5, pp. 477-487
This paper documents the relationship between R&D, firm size, and growth rate for a panel data of Taiwanese electronics firms. Using GMM method to control for endogeneity of R&D, the main finding is that an increase in R&D induces a higher growth rate and this impact is particularly higher for...