Empirical patterns of firm growth and R&D investment : a quality ladder model interpretation

by Tor Jakob Klette (University of Oslo and Statistics Norway) and Zvi Griliches (Harvard University and NBER)

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the discrete choice models of product differentiation.

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Year of publication:	August 25, 1998
Authors:	Klette, Tor Jakob ; Griliches, Zvi
Publisher:	Oslo, Norway : Department of Economics, University of Oslo
Subject:	economic growth \| research and development \| innovations \| Theorie \| Theory \| Innovation \| Industrieforschung \| Industrial research \| Unternehmenswachstum \| Firm growth \| Investition \| Investment \| Produktqualität \| Product quality \| Investitionsentscheidung \| Investment decision \| Endogenes Wachstumsmodell \| Endogenous growth model

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Extent:	1 Online-Ressource (circa 28 Seiten)
Series:	Memorandum / Department of Economics, University of Oslo. - Oslo : Department of Economics, University of Oslo, ISSN 0809-8786, ZDB-ID 2532549-8. - Vol. 1998/23
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
ISBN:	82-570-9185-5
Other identifiers:	hdl:10419/90795 [Handle]
Classification:	O41 - One, Two, and Multisector Growth Models ; O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011518444