دانلود رایگان مقاله انگلیسی هزینه کردن در تحقیق و توسعه، موقعیت استراتژیک و عملکرد شرکت - اشپرینگر 2018

عنوان فارسی
هزینه کردن در تحقیق و توسعه، موقعیت استراتژیک و عملکرد شرکت
عنوان انگلیسی
R&D spending, strategic position and firm performance
صفحات مقاله فارسی
0
صفحات مقاله انگلیسی
19
سال انتشار
2018
نشریه
اشپرینگر - Springer
فرمت مقاله انگلیسی
PDF
نوع مقاله
ISI
نوع نگارش
مقالات پژوهشی (تحقیقاتی)
رفرنس
دارد
پایگاه
اسکوپوس
کد محصول
E10567
رشته های مرتبط با این مقاله
مدیریت
گرایش های مرتبط با این مقاله
مدیریت کسب و کار، مدیریت عملکرد
مجله
مرزهای تحقیقات تجاری در چین - Frontiers of Business Research in China
دانشگاه
School of Accounting and Finance - Hong Kong Polytechnic University - China
کلمات کلیدی
هزینه های تحقیق و توسعه، موقعیت استراتژیک، عملکرد شرکت
doi یا شناسه دیجیتال
https://doi.org/10.1186/s11782-018-0037-7
چکیده

Abstract


Based on R&D investment data from Chinese listed manufacturing firms, this paper examines the effect of R&D spending on firms’ future performance conditional on their strategic positions. We find that firms pursing a product differentiation strategy have more R&D spending than those with a cost leadership strategy. In addition, we document a positive effect of R&D spending on firms’ future performance if they adopt a product differentiation strategy. Meanwhile, for the firms that adopt a cost leadership strategy, the relationship between R&D spending and firm performance resembles an inversed U-shape. Furthermore, we find this inversed U-shape relationship only exists for non-state-owned firms. Overall, this paper provides guidance and useful suggestions on the efficient allocation of R&D resources for Chinese manufacturing firms.

نتیجه گیری

Conclusions


This paper uses Porter’s (1980) generic strategies to reexamine how the effect of R&D spending on future performance changes with different strategic positions. Using 1506 listed manufacturing firms in China, we find that R&D spending is higher for firms that adopt a product differentiation strategy than the ones adopting a cost leadership strategy. Furthermore, we show that the R&D spending is positively associated with future performance for the firms with a product differentiation strategy, but turns into an inversed U-shape for the firms with a cost leadership strategy. We also present that R&D spending only affects the future performance of non-SOE firms. As R&D becomes more and more important for Chinese firms, our paper provides valuable guidance and suggestions on the efficient allocation of R&D resources.


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