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Firm Maturity and Product Processes R&D in Swedish Manufacturing Firms
This paper investigates the commonly debated question about innovations and firm age. Are innovations made by incumbent firms, and does innovation therefore constitute a barrier to entry, or is innovation a way for new firms to successfully compete? The paper further investigates the relationship between firm size and innovation.
Link
http://www.infra.kth.se/cesis/documents/WP39.pdf