Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85039
Authors: 
Wolf, Tina
Year of Publication: 
2013
Series/Report no.: 
Jena Economic Research Papers 2013-023
Abstract: 
There already exists broad literature investigating small and innovative firms in many respects. However, there have been few attempts to assess this group of firms´ propensity to patent or its patenting activities. This paper intends to fill that gap. By applying a new approach to account for young and innovative companies´ patents, this paper avoids an undercounting of small firm patenting, which has been a feature of most of the earlier studies. A data set is used that comprises information on R&D, capital stock, state promotion etc for 534 Thuringian firms in their first three business years. The results of the zero-inflated negative binomial regression analysis suggest that patenting is an activity of science-oriented, cooperative young firms that are conducting R&D even before the firm has been launched.
Subjects: 
entrepreneurship
firm performance
patenting
research and development
technological innovation
JEL: 
L25
L26
Q55
Document Type: 
Working Paper

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