Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Entire DC Network
Firm Size And R&D; Testing The Schumpeterian Hypothesis, Melissa Goodwin
Firm Size And R&D; Testing The Schumpeterian Hypothesis, Melissa Goodwin
University Avenue Undergraduate Journal of Economics
This paper aims solely to look at the question of R&D, research and development, expenditure. More specifically, this paper asks the question, "What is the relationship between the size of the firm and R&D? And do larger firms spend more on R&D relative to their size than smaller firms?" The answers to these questions have important implications concerning a firm's incentives for growth and innovation. These answers will also put us a step closer to understanding the functions performed by firms as Coase suggests.