Publicação
Firm growth and R&D: Evidence from the Portuguese manufacturing industry
| dc.contributor.author | Oliveira, Blandina | |
| dc.contributor.author | Fortunato, Adelino | |
| dc.date.accessioned | 2025-06-30T12:44:36Z | |
| dc.date.available | 2025-06-30T12:44:36Z | |
| dc.date.issued | 2016-12-26 | |
| dc.description.abstract | This work studies the effects of R&D activities and investment, both phys ical and R&D, on the growth of firms by considering a dynamic firm growth model with serial correlation. The main hypotheses maintain that firms with a strong com mitment to R&D have a higher growth rate, and investment has a positive effect on firm growth. We investigate such relations with reference to an unbalanced panel data set of Portuguese manufacturing firms over the period of 1990 to 2001. We find that a systematic tendency for smaller firms to grow more quickly is the main reason why firm growth is not entirely stochastic. | eng |
| dc.description.sponsorship | The authors gratefully acknowledge the financial support of “Fundação para a Ciência e Tecnologia” (FCT – Portugal), through the research project reference n°: FCOMP-01-0124-FEDER-009960 - reference FCT n° PTDC/EGE-ECO/108586/2008. We also gratefully acknowledge the valuable comments of the participants of 4th European Meeting on Applied Evolutionary Economics (Utrecht, 2005), the editor and two anonymous reviewers for their help in improving this paper. All errors and omissions remain our own responsibility. | |
| dc.identifier.citation | Oliveira, B., Fortunato, A. Firm growth and R&D: Evidence from the Portuguese manufacturing industry. J Evol Econ 27, 613–627 (2017). https://doi.org/10.1007/s00191-016-0487-z | |
| dc.identifier.doi | 10.1007/s00191-016-0487-z | |
| dc.identifier.issn | 0936-9937 | |
| dc.identifier.issn | 1432-1386 | |
| dc.identifier.uri | http://hdl.handle.net/10400.8/13462 | |
| dc.language.iso | eng | |
| dc.peerreviewed | yes | |
| dc.publisher | Springer Science and Business Media LLC | |
| dc.relation.hasversion | https://link.springer.com/article/10.1007/s00191-016-0487-z | |
| dc.relation.ispartof | Journal of Evolutionary Economics | |
| dc.rights.uri | N/A | |
| dc.subject | Firm growth | |
| dc.subject | R&D | |
| dc.subject | GMM system estimator | |
| dc.title | Firm growth and R&D: Evidence from the Portuguese manufacturing industry | eng |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.endPage | 627 | |
| oaire.citation.issue | 3 | |
| oaire.citation.startPage | 613 | |
| oaire.citation.title | Journal of Evolutionary Economics | |
| oaire.citation.volume | 27 | |
| oaire.version | http://purl.org/coar/version/c_970fb48d4fbd8a85 |