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Título:	Do innovation and human capital explain the productivity gap between small and large firms?
Autor/a:	Castany Teixidor, Laia; López-Bazo, Enrique; Moreno Serrano, Rosina
Abstract:	Empirical evidence is compelling that large firms are more productive than small firms. The hypothesis in this paper is that the productivity differences between small and large firms are associated with two of the main determinants of a firm’s performance: the human and technological capital that firms incorporate. We suggest that the contribution of these factors in explaining the productivity-size gap might not only be due to the fact that large firms make a more extensive use of them, but also because large firms obtain higher returns from their investment in human and technological capital. The evidence we obtain for a comprehensive sample of Spanish manufacturing firms (1990-2002) supports this hypothesis, which has important implications for the effectiveness of policies designed to improve productivity in SMEs by stimulating innovation and the use of more skilled workers.
Materia(s):	-Gestió de la innovació -Productivitat -Formació del personal -Perfil empresarial -Petita i mitjana empresa -Dimensió de les empreses -Innovation management -Productivity -Employee training -Small business -Size of business enterprises
Derechos:	cc-by-nc-nd, (c) Castany Teixidor et al., 2007 http://creativecommons.org/licenses/by-nc-nd/3.0/
Tipo de documento:	Documento de trabajo
Editor:	Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
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