Does Gibrat's law hold for knowledge size of high-tech firms?

被引：0

作者：

Le, Manh-Duc ^{[1
]}

机构：

[1] Hanoi Univ, Fac Management & Tourism, Km9,Nguyen Trai Rd, Hanoi 10000, Vietnam

来源：

APPLIED ECONOMICS LETTERS | 2024年 / 31卷 / 02期

关键词：

Gibrat's law; knowledge size; high-tech; patent; INNOVATION;

D O I：

10.1080/13504851.2022.2129039

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper, we extend the literature on Gibrat's law of firm growth by testing Gibrat's law for knowledge size of high-tech firms. Two measures of a firm's knowledge size which represent its knowledge stock and diversity are developed from its portfolio of patents. Using non-parametric regressions, specifically local polynominal estimators, we find that Gibrat's law applies to knowledge size of high tech firms, specifically when their knowledge surpasses a certain threshold in size.

引用

页码：158 / 163

页数：6

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