
Markus Grillitsch
Professor

Knowledge externalities and firm heterogeneity: Effects on high and low growth firms
Författare
Summary, in English
Knowledge externalities affect high and low growth firms differently. The paper develops two theoretical arguments. The knowledge equilibrium argument postulates that knowledge externalities weaken high growth firms for the benefit of low growth firms until performance differences vanish. The knowledge competition argument claims that high growth firms are in a better position to identify, attract, and integrate knowledge, thereby benefiting more from knowledge externalities than low growth firms. Based on 188,936 observations of 32,736 Swedish firms from 2004 to 2011, it is analyzed whether knowledge centers enable high growth firms to surge ahead or low growth firms to catch up.
Avdelning/ar
- Företagsekonomiska institutionen
- CIRCLE
- Institutionen för kulturgeografi och ekonomisk geografi
Publiceringsår
2017-04-01
Språk
Engelska
Publikation/Tidskrift/Serie
Papers in Innovation Studies
Volym
2017/6
Länkar
Dokumenttyp
Working paper
Förlag
Papers in Innovation Studies
Ämne
- Social Sciences
Nyckelord
- firm growth
- externalities
- knowledge externalities
- High Growth Firms
Aktiv
Published