| Is R&D Always Beneficial? | |
|---|---|
| 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 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/54913 ) |
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