Aldieri, L., Sena, V. and Vinci, P. (2022) High growth episodes among R&D intensive firms: evidence for Europe, US and Japan. International Small Business Journal, 40 (6). pp. 742-767. ISSN 0266-2426
Abstract
The purpose of this article is three-fold: first, it tests whether inter-industry R&D spillovers are positively associated with the likelihood of experiencing high growth episodes among R&D intensive firms in Europe, US and Japan; second, it tests whether such a relationship is conditional on their level of absorptive capacity (ACAP); third, it tests whether the acquisition of foreign patents please replace brackets with commas may trigger high growth episodes among a sub-set of R&D intensive firms. For the empirical analysis, we focus on R&D intensive manufacturing firms observed between 2002 and 2017, located in Europe, US and Japan. The empirical findings support the hypotheses suggesting that: a) inter-industry R&D spillovers are associated with the likelihood of experiencing high growth episodes; b) ACAP conditions the relationship between inter-industry R&D spillovers and the likelihood of experiencing high growth episodes and c) shares of foreign patents are positively associated with the likelihood of experiencing high growth episodes among high-tech R&D intensive firms.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 The Author(s). This is an author-produced version of a paper subsequently published in International Small Business Journal. Uploaded in accordance with the publisher's self-archiving policy. Article available under the terms of the CC-BY-NC-ND licence (https://creativecommons.org/licenses/by-nc-nd/4.0/). |
Keywords: | High growth episodes; Technological proximity; Inter-industry R&D Spillovers; Absorptive capacity (ACAP); Patents |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 10 Jan 2022 17:01 |
Last Modified: | 03 Feb 2023 16:26 |
Status: | Published |
Publisher: | SAGE Publications |
Refereed: | Yes |
Identification Number: | 10.1177/02662426211070943 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:182364 |
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