Journal article
Firm age and innovation
Industrial and corporate change, v 17(5), pp 1019-1047
01 Oct 2008
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
We examine how firm age relates to innovtion quality, and how this relationship varies depending on the nature of technology. Using data on patents of COMPUSTAT firms, we find that firm age is negatively related to technical quality, and that this effect is greater in technologically active areas. The economic implication of this effect is substantial; each additional year reduces the impact of a 10 increase in R&D intensity on the firms market value by over 3%.
Metrics
Details
- Title
- Firm age and innovation
- Creators
- Natarajan Balasubramanian - University of MiamiJeongsik Lee - Georgia Institute of Technology
- Publication Details
- Industrial and corporate change, v 17(5), pp 1019-1047
- Publisher
- Oxford Univ Press
- Number of pages
- 29
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Management
- Web of Science ID
- WOS:000259327600007
- Scopus ID
- 2-s2.0-54749111124
- Other Identifier
- 991021881509304721
UN Sustainable Development Goals (SDGs)
This publication has contributed to the advancement of the following goals:
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Business
- Economics
- Management