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

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ASJC Scopus subject areas

  • Aerospace Engineering
  • Development
  • Geography, Planning and Development

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