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Alex Coad and Rekha Rao
''R&D and firm growth rate variance''
( 2010, Vol. 30 No.1 )
Investment in R&D is positively associated with the variance of sales growth and, to a lesser extent, employment growth. The magnitude of this effect has not increased in recent decades, however.
Keywords: R&D, Firm growth, growth rate variance, employment growth, innovation
JEL: L2 - Firm Objectives, Organization, and Behavior: General
O3 - Technological Change; Research and Development: General
Manuscript Received : Oct 13 2009 Manuscript Accepted : Mar 10 2010

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