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How does probability of process innovation change with firm age?

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorHuergo, Elena
dc.contributor.authorJaumandreu, Jordi
dc.date.accessioned2014-05-21T12:52:33Z
dc.date.available2014-05-21T12:52:33Z
dc.date.issued2004
dc.description.abstractThis paper looks at the probability of introducing innovations by manufacturing firms at different stages of their lives. Once differences related to activity and size are controlled for, we examine how the probability of innovation varies over entry, post-entry ages, and advanced ages of mature firms. We also measure the association between exit from the market and pre-exit innovation. Results show that the probability of innovating widely varies by activity, and that small size per se broadly reduces the probability of innovation, but also that entrant firms tend to present the highest probability of innovation while the oldest firms tend to show lower innovative probabilities. Some sets of firms with intermediate ages also present a high probability of innovation, and exiting firms are clearly associated to lower levels of introducing process innovations.en
dc.description.sponsorshipThis research has been partially funded by the CICYT project SEC2000-0268 and by the Fundación Empresa Pública.en
dc.description.statusPublicado
dc.format.extent15
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationSmall Business Economics, (2004), 22 (3-4), p. 193-207en
dc.identifier.doi10.1023/B:SBEJ.0000022220.07366.b5
dc.identifier.issn0921-898X (print)
dc.identifier.issn1573-0913 (online)
dc.identifier.publicationfirstpage193
dc.identifier.publicationissue3-4
dc.identifier.publicationlastpage207
dc.identifier.publicationtitleSmall Business Economicsen
dc.identifier.publicationvolume22
dc.identifier.urihttps://hdl.handle.net/10016/5198
dc.language.isoeng
dc.publisherKluwer Academic Publishersen
dc.relation.publisherversionhttp://www.dx.doi.org/10.1023/B:SBEJ.0000022220.07366.b5
dc.rights© Kluwer Academic Publishers
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomíaes
dc.titleHow does probability of process innovation change with firm age?en
dc.typeresearch article*
dc.type.hasVersionAM*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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