RT Journal Article
T1 How does probability of process innovation change with firm age?
A1 Huergo, Elena
A1 Jaumandreu, Jordi
AB This 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 innovationvaries over entry, post-entry ages, and advanced ages of mature firms. We also measure the association between exitfrom 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 highestprobability 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, andexiting firms are clearly associated to lower levels of introducingprocess innovations.
PB Kluwer Academic Publishers
SN 0921-898X (print)
SN 1573-0913 (online)
YR 2004
FD 2004
LK https://hdl.handle.net/10016/5198
UL https://hdl.handle.net/10016/5198
LA eng
NO This research has been partially funded by the CICYT project SEC2000-0268 and by the Fundación Empresa Pública.
DS e-Archivo
RD 2 may. 2024