Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/225004
Authors: 
Audretsch, David B.
Kritikos, Alexander S.
Schiersch, Alexander
Year of Publication: 
2020
Citation: 
[Journal:] Small Business Economics [Year:] 2020 [Volume:] 55 [Issue:] 4 [Pages:] 997-1018 [ISSN:] 0921-898X
Abstract: 
In the context of microfirms, this paper analyzes whether the link between the three aspects involving innovative activities—R&D, innovative output, and productivity—hold for knowledge-intensive services. With especially high start-up rates and the majority of employees in microfirms, knowledge-intensive services (KIS) have a starkly different profile from manufacturing. Results from our structural models indicate that KIS firms benefit from innovation activities through increased labor productivity with highly skilled employees being similarly important compared to R&D for creating innovation output in microfirms. Moreover, the firm size advantage of large firms found for manufacturing almost disappears in KIS, with start-ups and young firms having a higher probability of initiating innovation activities and of successfully turning knowledge into innovation output than mature firms.
Subjects: 
Microfirms
MSMEs
R&D
Service sector
Innovation
Productivity
JEL: 
L25
L26
L60
L80
O31
O33
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article
Document Version: 
Published Version

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