The Link between R&D, Innovation and Productivity: Are Micro Firms Different?
By Julia Baumann, A. Kritikos. Social Science Research Network, 2016
408 citations recorded by the source corpus.
We analyze the link between RD usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel, we examine to what extent micro firms are different from other firms in terms of innovativeness. We find that while firms engage in innovative activities with smaller probability, the smaller they are, for those firms that do make such investment, R&D intensity is larger the smaller firms are. For all MSMEs, the predicted R&D intensity is positively correlated with the probability of reporting innovation, with a larger effect size for product than for process innovations. Moreover, micro firms benefit in a comparable way from innovation processes as larger firms, as they are similarly able to increase their labor productivity. Overall, the link between R&D, innovation, and productivity in micro firms does not largely differ from their larger counterparts.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/0f37b718798431a46ae7772edba8b10124d23424
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
In Economics and Econometrics
Citations in the corpus
- R&D Subsidies as Dual Signals in Technological Collaborations (2019, background): “…less likely to access academic collaborations, and this finding may be explained by the fact that micro firms are less likely to engage in innovation activities (Baumann and Kritikos, 2016), even though their link between R&D, innovation, and productivity does not differ from that of other firms.”