Authors
Zoltan J Acs, David B Audretsch, Maryann P Feldman
Publication date
1994/5/1
Journal
The review of Economics and Statistics
Pages
336-340
Publisher
Elsevier Science Publishers
Description
The findings in this paper provide some insight into how small firms are able to innovate. Using a production function approach to relate knowledge generating inputs to innovative output, the empirical results suggest that small firms are the recipients of R & D spillovers from knowledge generated in the R & D centers of their larger counterparts and in universities. Such R & D spillovers are apparently more decisive in promoting the innovative activity of small firms than of large corporations.
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Scholar articles
ZJ Acs, DB Audretsch, MP Feldman - The review of Economics and Statistics, 1994