Firm size, university based research, and the returns to R&D
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
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. By utilizing university-based research relationships, small firms are able to avoid bureaucratic inefficiencies.
Firm size, university based research, and the returns to R&D
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Created on 3/22/2022
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Additional Information
- Publication
- Small Business Economics, April 1990, 2: 25-31
- Language: English
- Date: 1990
- Keywords
- firm size, R and D, university-based research