Product innovation and firm growth: evidence from the integrated circuit industry

被引:35
|
作者
Corsino, Marco [1 ]
Gabriele, Roberto [1 ]
机构
[1] Univ Trent, Dept Management & Comp Sci, I-38100 Trento, Italy
关键词
UNIT ROOTS; PANEL; SIZE; LAW; REGRESSION; EVOLUTION;
D O I
10.1093/icc/dtq050
中图分类号
F [经济];
学科分类号
02 ;
摘要
Applied research on growth and innovation would seem to suggest that successful innovations do not enhance firm expansion significantly. This article tests the hypothesis that the level of observation typical of applied research hampers the identification of a significant association between innovation and sales growth rates. Exploiting a unique data set, we find that incremental product innovations commercialized in the immediate past positively affect the revenue streams of specialized business units operating in dynamic environments.
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页码:29 / 56
页数:28
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