Publicação

Are the dynamics of knowledge-based industries any different?

Ver documento

Detalhes bibliográficos
Resumo:The concept of «knowledge-based industries» (KBIs) has been widely used both in the academy and in policymaking over the last decade, due to the increasing role those industries play – both in terms of value added and employment – in contemporary, advanced economies. In this paper we discuss the extent to which KBIs differ from other industries in what concerns some of the stylised facts and regularities of industry dynamics usually found in the literature. In particular, we analyse the patterns and the determinants of firm entry and post-entry performance (measured in terms of survival of new firms), comparing KBIs groups with the remaining industries, using data for the Portuguese economy in the second half of the 1990s. We find that KBIs and the firms within them show some signs of distinctiveness in their dynamics as compared to the general case. In particular, on average, KBIs firms have higher survival chances, and entry within the KBIs groups is less responsive to incentives.
Autores principais:Mamede, Ricardo Paes
Outros Autores:Mota, Daniel; Godinho, Manuel
Assunto:Knowledge-Based Industries Market Entry Firm Survival
Ano:2007
País:Portugal
Tipo de documento:working paper
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa

Registos relacionados

Registos relacionados