All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Drini Morina, Henning Lucas and Stefanie Heiden
''Non-linearities in the R&D-firm growth relationship: Evidence from a semiparametric location-scale regression approach''
( 2023, Vol. 43 No.2 )
Based on a generalized additive model for location and scale, this paper shows that there is no positive association between R&D and average firm growth rates in the short run, unless R&D efforts are extremely high. The growth rate variance, however, increases with smaller values of R&D intensity and the magnitude is more extreme.
Keywords: R&D, firm growth, generalized additive location-scale model, GAM
JEL: O3 - Technological Change; Research and Development: General
Manuscript Received : Oct 13 2022 Manuscript Accepted : Jun 30 2023

  This abstract has been downloaded 80 times                The Full PDF of this paper has been downloaded 153793 times