Are new firms an important source of innovation?. Evidence from the PC software industry

Thomas J. Prusa; James A. Schmitz

doi:10.1016/0165-1765(91)90155-E

Are new firms an important source of innovation?. Evidence from the PC software industry

Thomas J. Prusa, James A. Schmitz

Research output: Contribution to journal › Article › peer-review

36 Scopus citations

Abstract

We examine data from the PC software industry to determine if new forms play an important role in the advance of technology in this industry over the period 1982-1987. We find that new firms have a comparative advantage (over established firms) in creating new software categories, while established firms have a comparative advantage in developing subsequent improvements in existing categories.

Original language	English (US)
Pages (from-to)	339-342
Number of pages	4
Journal	Economics Letters
Volume	35
Issue number	3
DOIs	https://doi.org/10.1016/0165-1765(91)90155-E
State	Published - Mar 1991
Externally published	Yes

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

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10.1016/0165-1765(91)90155-E

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abstract = "We examine data from the PC software industry to determine if new forms play an important role in the advance of technology in this industry over the period 1982-1987. We find that new firms have a comparative advantage (over established firms) in creating new software categories, while established firms have a comparative advantage in developing subsequent improvements in existing categories.",

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Are new firms an important source of innovation?. Evidence from the PC software industry

Abstract

All Science Journal Classification (ASJC) codes

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