Firm Size, University Based Research, and the Returns to R & D
Edward Elgar Publishing eBooksPublished 30 June 2017
Albert N. Link, John Rees
Citations183
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Abstract
This paper compares university-based research relationships between small and large firms as an explanation for the difference in innovative activity across firm sizes. We test the hypothesis that there are diseconomies of scale in producing innovations in large firms due to the inherent bureaucratization process which inhibits both innovative activity as well as the speed with which new inventions move through the corporate system towards the market.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
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