Inverted-U relationship between R&D intensity and survival : evidence on scale and complementarity effects in UK data.

By M. Ugur, E. Trushin, E. Solomon. 2016

69 citations recorded by the source corpus.

Existing evidence on the relationship between RD (ii) RD and (iii) creative destruction as proxied by median R&D intensity in the industry and the premium on business lending have negative effects on firm survival. Other findings concerning age, size, productivity, relative growth, Pavitt technology classes and the macroeconomic environment are in line with the existing literature. The results are strongly or moderately robust to different samples, stepwise estimations, and controls for frailty and left truncation.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/19c5dec958d2148ffd3743825cc80eaef00c4758

Citations in the corpus

• Did the global financial crisis impact firms' innovation performance? The role of internal and external knowledge capabilities in high and low tech industries (2018, unknown): “We specify a year dummy to take account of the financial crisis as an indicator of downswings (Ugur et al., 2016) that takes the value 1 in years 2010–2013, and 0 otherwise (2006-2009).”