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| Werner Hölzl and Klaus Friesenbichler |
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| ''High-growth firms, innovation and the distance to the frontier'' |
| ( 2010, Vol. 30 No.2 ) |
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| This paper studies the differences in the R&D and innovation behaviour of high-growth firms for 16 EU countries. The results confirm that R&D and innovation are important characteristics for high-growth firms in countries close to the technological frontier, but not for high-growth firms in countries further away from the technological frontier. |
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| Keywords: R&D, high-growth firms, innovation, Europe, distance to the frontier, CIS |
JEL: O3 - Technological Change; Research and Development: General L2 - Firm Objectives, Organization, and Behavior: General |
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| Manuscript Received : Feb 23 2010 | | Manuscript Accepted : Apr 13 2010 |
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