The Impacts of R&D Investment on Company Performance: US vs. Taiwanese Technology-Intensive Industry

被引：9

作者：

Han, I. ^{[1
]}

Chuang, Cheng-Min ^{[2
]}

机构：

[1] Feng Chia Univ, Dept Int Trade, 100,Wenhwa Rd, Taichung 407, Taiwan

[2] Natl Taiwan Univ, Grad Inst Int Business, Taipei 106, Taiwan

来源：

REVIEW OF PACIFIC BASIN FINANCIAL MARKETS AND POLICIES | 2011年 / 14卷 / 01期

关键词：

R&D investment; company performance; US and Taiwan; technology-intensive company;

D O I：

10.1142/S0219091511002184

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Based upon the resource-based view and national culture perspectives, this paper investigates the two-way relationship between R&D investment and company performance. We propose that company performance and R&D investment have mutual effects, and the magnitude of these mutual effects varies with different national cultures, different company rewarding systems, and different decision-making patterns of management teams. Related hypotheses are developed and tested on the data of the US and Taiwanese technology-intensive companies during 1998-2003, and are generally supported by the statistical results.

引用

页码：171 / 194

页数：24

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