Papers in Innovation Studies, CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University
Knowledge diversity and firm growth: Searching for a missing link
(), Torben Schubert
() and Martin Srholec
Abstract: The link between knowledge and firm growth has been a core
topic in economics of innovation for a long time. However, despite strong
theoretical arguments, empirical evidence remains inconclusive. One
important reason for this conundrum may be the failure of standard
indicators to comprehensively capture firm innovation activities. We
contribute to overcoming this limitation by zooming in on the knowledge
processes that drive variegated forms of innovation and aim thereby to
establish a solid relationship with firm growth. The paper draws on the
differentiated knowledge base approach, distinguishing between analytical,
synthetic, and symbolic knowledge, and measures these types of knowledge
with detailed longitudinal linked-employer-employee micro data from Sweden.
Econometric findings indicate positive relationships between the three
knowledge types, in particular combinations thereof, and firm growth. These
relationships remain robust in a wide range of models. Our analysis
therefore suggests that the seemingly weak relationship between firm growth
and innovation may be explained by the narrow measurement concepts that
have dominated in this literature so far.
Keywords: Knowledge; innovation; firm growth; micro data; Sweden; (follow links to similar papers)
JEL-Codes: C33; D22; O12; O32; O33; (follow links to similar papers)
25 pages, April 21, 2016
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Torben Schubert ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom