A reprise of size and R and D
Published
Journal Article
Numerous studies have shown that within industries, the propensity to perform R and D and the amount of R and D conducted by performers are closely related to the size of the firm, while R and D productivity declines with firm size. These findings have been widely interpreted to indicate that there is no advantage to large firm size in conducting R and D. The authors show how a simple model based on the idea of R and D cost spreading can explain the prior findings about the R and D-firm size relationship, as well as additional features of the R and D-firm size relationship, implying an advantage to large size in R and D.
Full Text
Duke Authors
Cited Authors
- Cohen, WM; Klepper, S
Published Date
- January 1, 1996
Published In
Volume / Issue
- 106 / 437
Start / End Page
- 925 - 951
International Standard Serial Number (ISSN)
- 0013-0133
Digital Object Identifier (DOI)
- 10.2307/2235365
Citation Source
- Scopus