期刊名称:Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN:1301-3688
电子版ISSN:2630-6409
出版年度:2021
期号:58
页码:265-300
DOI:10.18070/erciyesiibd.824668
语种:Turkish
出版社:Erciyes University
摘要:The main purpose of this study is to determine the role of firm dynamics such as technological intensity and growth rate of firms in the relationship between innovation and growth.Moreover, in this study it is aimed to determine the most appropriate firm structure in terms of sustainable growth considering the effects of variables such as firm size and firm age on growth. In line with this purpose, the relationship between innovation and growth was empirically tested by applying panel quantile regression and system-generalized method of moments (GMM) estimators covering the period of 2005-2016 for the sample of 302 firms. These 302 firms were selected from the database of the EU Industrial R&D Investment Scoreboard among World’s 2500 top R&D investors. Innovation efficiency scores calculated from data envelopment analysis for each sample and year were used as an innovation indicator in the analysis. According to the results of the analysis, it has been concluded that the impact of innovation to be realized by the relatively smaller sized, young, fast-growing and innovative “superstar” firms on firm growth will be much larger than others.