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  • The impact of R&D expenditures on corporate performance [Elektronski vir] : evidence from Slovenian and world R&D companies
    Ravšelj, Dejan ; Aristovnik, Aleksander
    Research and development (R&D) investment is widely recognised as one of the crucial elements of generating the competitive advantage of contemporary companies. At the same time, it is also ... considered to represent one of the key determinants of overall sustainable development. Global competition, which is becoming increasingly harsh and forces companies to provide value-added products, processes and services, constitutes a reason why R&D investment is indispensable in contemporary business operations as they facilitate keeping the companies' position in the market in terms of their competitiveness. The main aim of this paper is therefore to examine the impact of R&D expenditures on corporate performance. Using a multiple regression analysis, two different panel datasets covering Slovenian and world R&D companies are analysed. This gives a unique opportunity to obtain comprehensive and interesting findings, representing the main originality and value of the paper. The empirical results reveal that R&D expenditures are not effective in the short-term period and bring certain benefits in the long-term period. The findings of this paper provide several important theoretical and practical implications.
    Source: Sustainability [Elektronski vir]. - ISSN 2071-1050 (Vol. 12, iss. 5, 2020, str. 1-20)
    Type of material - e-article
    Publish date - 2020
    Language - english
    COBISS.SI-ID - 5406894

    Link(s):

    https://www.mdpi.com/2071-1050/12/5/1943
    Repository of the University of Ljubljana – RUL
    DOI

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