Inventor productivity and firm size: Evidence from panel data on inventors

Jinyoung Kim, Sangjoon John Lee, Gerald Marschke

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

It has long been recognized that worker wages and productivity are higher in large firms. Moreover, economists have been interested in the efficiency of large firms in R&D enterprises. This paper uses inventor panel data to examine the relationship between inventor productivity and firm size in the pharmaceutical and semiconductor industries. In both industries, we find that inventors' productivity increases with firm size even after controlling for inventors' experience, education and other firm characteristics. We find evidence in the pharmaceutical industry that this is partly accounted for by differences in the way in which large and small firms organize R&D activities.

Original languageEnglish
Pages (from-to)516-531
Number of pages16
JournalPacific Economic Review
Volume14
Issue number4
DOIs
Publication statusPublished - 2009 Oct 1

Fingerprint

firm size
panel data
Productivity
productivity
firm
pharmaceutical industry
Drug products
evidence
Industry
semiconductor industry
Wages
wage
industry
Education
education
Semiconductor materials
pharmaceutical
economist
worker
efficiency

ASJC Scopus subject areas

  • Aerospace Engineering
  • Development
  • Geography, Planning and Development

Cite this

Inventor productivity and firm size : Evidence from panel data on inventors. / Kim, Jinyoung; Lee, Sangjoon John; Marschke, Gerald.

In: Pacific Economic Review, Vol. 14, No. 4, 01.10.2009, p. 516-531.

Research output: Contribution to journalArticle

Kim, Jinyoung ; Lee, Sangjoon John ; Marschke, Gerald. / Inventor productivity and firm size : Evidence from panel data on inventors. In: Pacific Economic Review. 2009 ; Vol. 14, No. 4. pp. 516-531.
@article{a33f9a5b85cf477dac893b164664740c,
title = "Inventor productivity and firm size: Evidence from panel data on inventors",
abstract = "It has long been recognized that worker wages and productivity are higher in large firms. Moreover, economists have been interested in the efficiency of large firms in R&D enterprises. This paper uses inventor panel data to examine the relationship between inventor productivity and firm size in the pharmaceutical and semiconductor industries. In both industries, we find that inventors' productivity increases with firm size even after controlling for inventors' experience, education and other firm characteristics. We find evidence in the pharmaceutical industry that this is partly accounted for by differences in the way in which large and small firms organize R&D activities.",
author = "Jinyoung Kim and Lee, {Sangjoon John} and Gerald Marschke",
year = "2009",
month = "10",
day = "1",
doi = "10.1111/j.1468-0106.2009.00469.x",
language = "English",
volume = "14",
pages = "516--531",
journal = "Pacific Economic Review",
issn = "1361-374X",
publisher = "Wiley-Blackwell",
number = "4",

}

TY - JOUR

T1 - Inventor productivity and firm size

T2 - Evidence from panel data on inventors

AU - Kim, Jinyoung

AU - Lee, Sangjoon John

AU - Marschke, Gerald

PY - 2009/10/1

Y1 - 2009/10/1

N2 - It has long been recognized that worker wages and productivity are higher in large firms. Moreover, economists have been interested in the efficiency of large firms in R&D enterprises. This paper uses inventor panel data to examine the relationship between inventor productivity and firm size in the pharmaceutical and semiconductor industries. In both industries, we find that inventors' productivity increases with firm size even after controlling for inventors' experience, education and other firm characteristics. We find evidence in the pharmaceutical industry that this is partly accounted for by differences in the way in which large and small firms organize R&D activities.

AB - It has long been recognized that worker wages and productivity are higher in large firms. Moreover, economists have been interested in the efficiency of large firms in R&D enterprises. This paper uses inventor panel data to examine the relationship between inventor productivity and firm size in the pharmaceutical and semiconductor industries. In both industries, we find that inventors' productivity increases with firm size even after controlling for inventors' experience, education and other firm characteristics. We find evidence in the pharmaceutical industry that this is partly accounted for by differences in the way in which large and small firms organize R&D activities.

UR - http://www.scopus.com/inward/record.url?scp=77249141521&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=77249141521&partnerID=8YFLogxK

U2 - 10.1111/j.1468-0106.2009.00469.x

DO - 10.1111/j.1468-0106.2009.00469.x

M3 - Article

AN - SCOPUS:77249141521

VL - 14

SP - 516

EP - 531

JO - Pacific Economic Review

JF - Pacific Economic Review

SN - 1361-374X

IS - 4

ER -