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- W2594032893 abstract "The effect of firm size on diverse compositions of R&D expenditures is analysed in detail using firm-level data on the Korean manufacturing sector. On the grounds that each type of R&D activity differs in terms of salability in disembodied form and growth potential due to innovation, a distinction between product vs. process, and new vs. incremental R&D is made. Empirical tests show that the firm size is significantly associated with both the new and incremental R&D. Moreover, firm size is found to be significantly associated with other types of R&D compositions such as the share of R&D devoted to incremental innovation and multidimensional combinations of product, process, new and incremental R&D. These findings support the idea that large firms possess innovative advantages over smaller firms and firm size is an important determinant for firms’ heterogeneous R&D activities. We also discuss the limitations and the implications of the findings." @default.
- W2594032893 created "2017-03-16" @default.
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- W2594032893 date "2017-03-10" @default.
- W2594032893 modified "2023-10-16" @default.
- W2594032893 title "Firm size and compositions of R&D expenditures: evidence from a panel of R&D performing manufacturing firms" @default.
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- W2594032893 doi "https://doi.org/10.1080/13662716.2017.1297222" @default.
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