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Author (up) Cohen, W.M.; Klepper, S. openurl 
  Title Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D Type Journal Article
  Year 1996 Publication Review of Economics and Statistics Abbreviated Journal  
  Volume 78 Issue 2 Pages 232-43  
  Corporate Author Thesis  
  Address Carnegie Mellon U; Carnegie Mellon U  
  Keywords Management of Technological Innovation and R&D (O320); Production, Pricing, and Market Structure, Size Distribution of Firms (concentration) (L110); Research and Development (6212); Market Structure: Industrial Organization and Corporate Strategy (6110); U.S.; Firm Size; Firm; Firms; Innovation; R&D  
  Abstract The effect of firm size on the allocation of R&D effort between process and product innovation is examined. It is hypothesized that, relative to product innovations, process innovations are less saleable in disembodied form and spawn less growth. This implies that the returns to process R&D will depend more on the firm's output at the time it conducts its R&D than the returns to product R&D. Incorporating this distinction in a simple model, the authors derive and test predictions about how the fraction of R&D devoted to process innovation varies with firm size within industries.  
  Publisher Place of Publication Editor  
  Language Summary Language Original Title  
  Series Editor Series Title Abbreviated Series Title  
  Series Volume Series Issue Edition  
  ISSN 0034-6535 ISBN Medium  
  Area Expedition Conference  
  Notes Approved no  
  Call Number CMU @ sk3f @ Serial 15  
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