期刊論文

學年 98
學期 2
出版(發表)日期 2010-03-01
作品名稱 Is R&D Always Beneficial?
作品名稱(其他語言)
著者 Chang, Hsu-ling; Su, Chi-wei
單位 淡江大學國際企業學系
出版者 Singapore: World Scientific Publishing Co. Pte. Ltd.
著錄名稱、卷期、頁數 Review of Pacific Basin Financial Markets and Policies 13(1), pp.157-174
摘要 This study sets out with the aim of determining whether there is such a thing as an optimal level of research and development (R&D) intensity within which a firm can effectively maximize its sales growth ratio. We adopt an advanced panel threshold regression model to examine the relationship between R&D intensity and the growth rate in sales based upon data on firms within the electronics industry in Taiwan. The results demonstrate that R&D intensity has a positive impact on sales growth when the level of such R&D intensity is below the threshold value, and a negative impact when the level of R&D intensity is above the threshold value.
關鍵字 R&D growth; Gibrat's Law; panel unit root test; panel threshold regression model
語言 en
ISSN 0219-0915 1793-6705
期刊性質
收錄於
產學合作
通訊作者 Su, Chi-Wei
審稿制度
國別 SGP
公開徵稿
出版型式 紙本 電子版
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機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/54913 )

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