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| Alex Coad and Rekha Rao |
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| ''R&D and firm growth rate variance'' |
| ( 2010, Vol. 30 No.1 ) |
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| 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. |
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| 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 |
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| Manuscript Received : Oct 13 2009 | | Manuscript Accepted : Mar 10 2010 |
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