Growth through Heterogeneous Innovations

Akcigit, U., & Kerr, W. R. (2018). Growth through Heterogeneous Innovations. Journal of Political Economy, 126(4), 1374-1443.

Type

Journal article

Intellectual base

Primary research

Year

2018

Volume

126

Issue

4

Pages

1374-1443

DOI

10.1086/697901

DOI registrant

University of Chicago Press

Link

https://doi.org/10.1086/697901

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Primes

• Creative Destruction
  • Akcigit-Kerr's empirical study of firm-level innovation via quality-ladder and product-line expansion (2018)

    Supported in partVerified against the publisher's abstract

    The paper's own abstract confirms firm-level internal innovation and external acquisition of new product lines, quantified on US Census and patent data, but it does not name a quality-ladder mechanism.

    “We build a tractable growth model in which multiproduct incumbents invest in internal innovations to improve their existing products, while new entrants and incumbents invest in external innovations to acquire new product lines. External and internal innovations generate heterogeneous innovation qualities, and firm size affects innovation incentives.”

    Read by an automated reader; not a human review. How support was checked

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