Does Product Development and Firm Growth Go Hand in Hand?

نویسنده

  • Toke Reichstein
چکیده

Focusing on the relationship between product development and economic performance measured by firm growth this paper presents empirical evidence of a positive correlation. Using two comparable questionnaire surveys from mid 1990’s and late 1990’s, accounting statistics and labor market data a logistic regression model is applied on both time periods explaining product development. Besides the positive correlation between firm growth and product development a number of control variable have been included to make sure the correlation is not implicit. Among others these show support for the user-producer theorem and both Schumpeter MARK I and Schumpeter MARK II hypotheses.

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تاریخ انتشار 2004