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Article Information:
Research on Co-evolution of Technological Innovation and Firm Size in a Perspective of Two-way Interaction
Li Yu and Zhang Yao
Corresponding Author: Zhang Yao
Submitted: December 07, 2012
Accepted: January 19, 2013
Published: July 25, 2013 |
Abstract:
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The authors study the dynamic relationship between technological innovation and firm size in the two-way interaction view and built interactive evolution space between technological innovation and firm size under the multiple-mutual structural system. Based on this analytical framework, this paper explains the dynamic coordination evolution process between technological innovation and firm size. The authors give an empirical study on the relationship between technological innovation and firm size of Chinese industrial enterprises, with VAR model’s generalized impulse function and variance disassemble methodology under the mutual structure logic and the empirical result indicated that firm size influence technological innovation vastly, at the same time technological innovation influence firm size too, but this influence is hysteresis; firm size have a bigger resolution to technological innovation, however, technological innovation have a smaller resolution to firm size.
Key words: Evolution, firm size, generalized impulse function, mutual-construction, technology innovation, ,
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Cite this Reference:
Li Yu and Zhang Yao , . Research on Co-evolution of Technological Innovation and Firm Size in a Perspective of Two-way Interaction. Research Journal of Applied Sciences, Engineering and Technology, (11): 2098-2104.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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