Abstract

Using data from the Federal Trade Commission's Line of Business Program and survey measures of technological opportunity and appropriability conditions, this paper finds that overall firm size has a very small, statistically insignificant effect on business unit R & D intensity when either fixed industry effects or measured industry characteristics are taken into account.Business unit size has no effect on the R & D intensity of business units that perform R & D, but it affects the probability of conducting R & D. Business unit and firm size jointly explain less than one per cent of the variance in R & D intensity; industry effects explain nearly half the variance.

Keywords

Intensity (physics)BusinessR&D intensityEconomicsPhysicsOpticsManagement

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Year
1987
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report
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371
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Closed

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Wesley M. Cohen, Richard C. Levin, David C. Mowery (1987). Firm Size and R&D Intensity: A Re-Examination. . https://doi.org/10.3386/w2205

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DOI
10.3386/w2205