I study the effects of basic and applied innovation on a firm's market value and total factor productivity for a panel of U.S. manufacturing firms. Basicness of innovation is measured by the index of generality proposed by Trajtenberg, Henderson and Jaffe (1997), and basic and applied innovation...

Using firm level panel data from the U.S., I explore the relationship between firm size and R&D productivity for two important and R&D-intensive industries: Semiconductors and Pharmaceuticals. I employ two measures of a firm's R&D performance: the number of citations received per patented...

I study the size and scope determinants of innovation rate and quality for a large panel of U.S. manufacturing firms. I employ known indicators of patent quality to show that quality-adjusted patents per dollar of R&D fall with firm size. This finding is in line with previous research, and is...