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R & D Spillovers and Recipient Firm Size
Zoltan J. Acs, David B. Audretsch and Maryann P. Feldman
The Review of Economics and Statistics
Vol. 76, No. 2 (May, 1994), pp. 336-340
Published by: The MIT Press
Stable URL: http://www.jstor.org/stable/2109888
Page Count: 5
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The findings in this paper provide some insight into how small firms are able to innovate. Using a production function approach to relate knowledge generating inputs to innovative output, the empirical results suggest that small firms are the recipients of R & D spillovers from knowledge generated in the R & D centers of their larger counterparts and in universities. Such R & D spillovers are apparently more decisive in promoting the innovative activity of small firms than of large corporations.
The Review of Economics and Statistics © 1994 The MIT Press