A reprise of size and R and D

Journal Article (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