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Innovation, Market Structure, and Firm Size

Bibliographic Data

ID5797652
AuthorsZoltan J Acs (0000-0002-3599-790X), David B Audretsch (0000-0002-3815-7762)
Year1987
Volume69
Issue4
Pages567-567
Publication date1987-11-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Review of Economics and Statistics (JOURNAL)
Journal identifiersISSN: 0034-6535 • E-ISSN: 1530-9142
PublisherThe MIT Press (PUBLISHER • US)
DOI10.2307/1935950
OpenAlexW1992598870
LanguageEN
Citations received103
References cited4

The hypothesis that the relative innovative advantage between large and small firms is determined by market concentration, the extent of entry barriers, the composition of firm size within the industry, and the overall importance of innovation activity is tested. The authors find that large firms tend to have the relative innovative advantage in industries that are capital intensive, concentrated, highly unionized, and produce a differentiated good. The small firms tend to have the relative advantage in industries that are highly innovative, utilize a large component of skilled labor, and tend to be composed of a relatively high proportion of large firms. Copyright 1987 by MIT Press

Capital (architecture · Market Size · Economic Growth and Productivity · Firm Innovation and Growth · Global Trade and Competitiveness

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Unique citing works103
Citations per year2,78
Citation span1989 - 2026 (38)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 101

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