| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1007/s11187-014-9583-3 |
| ISBN | 0921-898X |
| High-growth firms in changing competitive environments: the US pharmaceutical industry (1963 to 2002). | |
| Mazzucato, Mariana; Parris, Stuart | |
| 发表日期 | 2015-01 |
| 出处 | Small Business Economics |
| 出版者 | Springer |
| 出版年 | 2015 |
| 页码 | 145-170 |
| 语种 | 英语 |
| 摘要 | Firms across sectors and regions are highly skewed in their ability to engage with innovation and even more skewed in their ability to translate investments in innovation into higher growth. Recent attention has been placed on the importance of ‘high-growth firms’ (HGF) for innovation policy. Our paper explores under what conditions HGF matter for translating R&D investments into economic growth and how this depends on firm-specific and industry-specific factors. We use quantile regression techniques to study the R&D–growth relationship in HGF compared to low-growth firms. Unlike previous studies, we pay particular attention to whether this relationship depends on the particular period in the industry’s life cycle. We focus on the US pharmaceutical industry from 1963 to 2002 and find that the R&D–growth relationship is sensitive to the changing competitive environment over the industry’s history, which suggests that innovation policy must focus not only on firm attributes but also competitive structures. |
| 特色分类 | H Social Sciences |
| URL | http://sro.sussex.ac.uk/id/eprint/52544/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468446 |
| 推荐引用方式 GB/T 7714 | Mazzucato, Mariana,Parris, Stuart. High-growth firms in changing competitive environments: the US pharmaceutical industry (1963 to 2002).. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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