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Schumpeterian German Firms before and after World War I: The Innovative Few and the Non-innovative Many

Harald Degner
Zeitschrift für Unternehmensgeschichte / Journal of Business History
54. Jahrg., H. 1. (2009), pp. 50-72
Published by: Verlag C.H.Beck
Stable URL: http://www.jstor.org/stable/41302650
Page Count: 23
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Abstract

This paper analyzes patenting activities of German firms, large and small, between 1877 and 1932 based on a newly developed dataset containing annual firm-level data about size and long-lived patents. It will be shown first that innovations were distributed extremely unequally among both firms and sectors. In addiion, more than one « typical » relationship beween innovativeness and firm size will be identified. This observation leads to the conclusion that, in general, the long-term relationship between innovativeness and growth is a recurring S-shaped curve.

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