R&D, Size and Firm Growth in Taiwan's Electronics Industry | |
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學年 | 91 |
學期 | 2 |
發表日期 | 2003-05-17 |
作品名稱 | R&D, Size and Firm Growth in Taiwan's Electronics Industry |
作品名稱(其他語言) | |
著者 | Yang, Chih-Hai; Huang, Chia-Hui |
作品所屬單位 | 淡江大學經濟學系 |
出版者 | |
會議名稱 | 2003兩岸財經學術研討會=2003 Straits Conference on Economics and Business |
會議地點 | 臺北縣, 臺灣 |
摘要 | This paper documents the relationship between R&D, firm size, and growth rate for a panel data of Taiwanese electronics firms. Using GMM method to control for endogeneity of R&D that is inspired by microeconomic theories of R&D-based endogenous growth models, the main finding is that an increase in R&D induces a higher growth rate and the estimate of the R&D effect might induce an upward bias when treating R&D as an exogenous variable. Testing Gibrat’s law shows that small firms indeed have a higher growth rate than their larger counterparts, while Gibrat’s law does hold for the group of large-scaled firms, supporting the weak form of Gibrat’s law. |
關鍵字 | 研究與發展;Research and development (R&D) |
語言 | en |
收錄於 | |
會議性質 | 兩岸 |
校內研討會地點 | |
研討會時間 | 20030517~20030517 |
通訊作者 | |
國別 | TWN |
公開徵稿 | Y |
出版型式 | 紙本 |
出處 | 2003兩岸財經學術研討會論文集=Proceedings of 2003 Straits Conference on Economics and Business,24頁 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/95629 ) |