Research Article | OPEN ACCESS
Research on Co-evolution of Technological Innovation and Firm Size in a Perspective of Two-way Interaction
Li Yu and Zhang Yao
The School of Business Administration, Dongbei University of Finance and Economics,
Jianshan Street, DaLian, Liaoning, 116025, China
Research Journal of Applied Sciences, Engineering and Technology 2013 11:2098-2104
Received: December 07, 2012 | Accepted: January 19, 2013 | Published: July 25, 2013
Abstract
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.
Keywords:
Evolution, firm size, generalized impulse function, mutual-construction, technology innovation,
Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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