Narrow Search
Last searches

Results for *

Displaying results 1 to 1 of 1.

  1. Does size or age of innovative firms affect their growth persistence
    evidence from a panel of innovative Spanish firms
    Published: September 2012
    Publisher:  European Commission, Seville, Spain

    This study examines serial correlation in employment, sales and innovative sales growth rates in a balanced panel of 3,300 Spanish firms over the years 2002-2009, obtained by matching different waves of the Spanish Encuesta sobre Innovacion en las... more

    Access:
    Resolving-System (kostenfrei)
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 610
    No inter-library loan

     

    This study examines serial correlation in employment, sales and innovative sales growth rates in a balanced panel of 3,300 Spanish firms over the years 2002-2009, obtained by matching different waves of the Spanish Encuesta sobre Innovacion en las Empresas, the Spanish innovation survey conducted annually by the Spanish National Statistics Institute (INE). The main objective is to verify whether the changes (increase/decrease) in these figures are persistent over time, whether such persistence (if any) differs between SMEs and larger firms, and if it is affected by a firm's age. To do so, we adopted a semi-parametric quantile regression approach. This methodology is well suited to cases where outliers (high-growth firms) are the subject of investigation and/or when they have to be assumed as being very heterogeneous. Empirical results indicate that among those innovative firms experiencing high employment growth, the smaller and younger grow faster than larger firms, but the jobs they create are not persistent over time. However, while being smaller and younger helps growing more in terms of employment and sales, it is not an advantage when innovative sales growth is considered: in this case larger firms experience faster growth.

     

    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789279259890
    Other identifier:
    hdl: 10419/202141
    Series: IPTS working paper on corporate r&d and innovation ; no. 2012, 03
    Subjects: small and medium-sized enterprises; innovation; competitiveness; research and development; employment policy; job creation; company growth; size of business; Spain; research report; Serial correlation; quantile regression model; Spanish firms; firm size; firm age; job creation; fast growing firms
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen