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

共 62 条

[21] INNOVATIVE PRODUCTIVITY AND RETURNS TO SCALE IN THE PHARMACEUTICAL-INDUSTRY [J].

GRAVES, SB ;

LANGOWITZ, NS .

STRATEGIC MANAGEMENT JOURNAL, 1993, 14 (08) :593-605

[22]

Grotenhuis F. D., 2001, REV PACIFIC BASIN FI, V4, P203

[23] The patent paradox revisited: an empirical study of patenting in the US semiconductor industry, 1979-1995 [J].

Hall, BH ;

Ziedonis, RH .

RAND JOURNAL OF ECONOMICS, 2001, 32 (01) :101-128

[24] Effects of R&D spillovers on the profitability of firms [J].

Hanel, P ;

St-Pierre, A .

REVIEW OF INDUSTRIAL ORGANIZATION, 2002, 20 (04) :305-322

[25] ROLES EXECUTIVES PLAY - CEOS, BEHAVIORAL COMPLEXITY, AND FIRM PERFORMANCE [J].

HART, SL ;

QUINN, RE .

HUMAN RELATIONS, 1993, 46 (05) :543-574

[26] Human capital and learning as a source of sustainable competitive advantage [J].

Hatch, NW ;

Dyer, JH .

STRATEGIC MANAGEMENT JOURNAL, 2004, 25 (12) :1155-1178

[27]

Hennart JF, 1997, STRATEGIC MANAGE J, V18, P1

[28] The impact of culture on the strategy of multinational enterprises: Does national origin affect ownership decisions? [J].

Hennart, JF ;

Larimo, J .

JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 1998, 29 (03) :515-538

[29]

Hofstede G., 1980, CULTURES CONSEQUENCE

[30]

Hofstede G, 2001, CULTURES CONSEQUENCE

← 1 2 3 4 5 6 7 →