Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/30183
Authors: 
Degner, Harald
Year of Publication: 
2010
Series/Report no.: 
FZID discussion papers 15-2010
Abstract: 
Many papers have been written about the effect of firm size on innovativeness, revealing a positive, a negative or a mixed impact. To this day, the so-called Schumpeterian hypothesis of the above-average innovativeness of large firms has been neither confirmed nor rejected, often because of insufficient data or a too-short observation period. Many studies concentrate only on a specific region or a specific sector, or they analyze a very short time period. Windows of technological opportunities, providing technological booms for both firms and sectors, have not yet been investigated. An analysis of Germany’s chemical, metal and electronic-engineering sectors between 1877 and 1932 reveals that the sector-specific long-term relationship between firm size and innovativeness is negative, except during times of specific technological booms. In combination with firm-specific characteristics, this new aspect can contribute to a better understanding of the long-term relationship between firm size and innovativeness.
Subjects: 
Effect of firm size on innovativeness
technological boom
Schumpeterian hypothesis
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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