Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142798
Authors: 
Pellens, Maikel
Della Malva, Antonio
Year of Publication: 
2016
Series/Report no.: 
ZEW Discussion Papers 16-050
Abstract: 
This article documents a structural change in the production of science in the U.S. semiconductor industry over almost three decades. We observe a change in scientific productivity over time, where smaller firms publish more articles per dollar in R&D. Moreover, our results show a positive relationship between the value of intangibles and scientific publications, driven by basic research results. These effects are especially strong among Fabless 'design' firms and among firms in the post-PC era of semiconductor manufacturing, in line with a premium for smaller firms which invest in science in times of structural technological change.
Subjects: 
corporate science
basic science
firm value
semiconductors
JEL: 
O31
O33
Document Type: 
Working Paper

Files in This Item:
File
Size
718.03 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.