Technology Management, R&D Investment, and Small and Medium-Sized Enterprise Growth

被引：0

作者：

Ahn, SooGeun ^{[1
]}

Yoon, Jeewhan ^{[1
]}

Kim, YoungJun ^{[1
]}

机构：

[1] Korea Univ, Grad Sch Management Technol, Seoul, South Korea

来源：

2017 IEEE INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT (IEEM) | 2017年

关键词：

R&D investment; firm growth; small and medium-sized enterprises; FIRM GROWTH; INNOVATION; SURVIVAL; CLOSER; AGE;

D O I：

暂无

中图分类号：

T [工业技术];

学科分类号：

08 ;

摘要：

Using an augmented version of Gibrat's law, we theorized and examined the persistence of firm growth when firms increase their research and development (R&D) investment. Using 17 years of data from 1361 firms (616 small and medium-sized enterprises [ SMEs] and 745 large firms), this study analyzed the effect of the dynamic interaction between past growth rate and R&D investment on the current growth rate of firms. Based on a quantile regression analysis, study findings suggested that SMEs showed declining growth after high growth. However, we also found that high-growth SMEs that increased their R&D investment could achieve persistence of growth in the following year. Implications are discussed for research, practice, and policy.

引用

页码：1113 / 1117

页数：5

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