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- Publisher
- World Scientific Publishing Company
- Copyright
- Copyright ©
- ISSN
- 0219-0915
- eISSN
- 1793-6705
- DOI
- 10.1142/S0219091511002184
- Publisher site
- See Article on Publisher Site
Abstract
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.
Journal
Review of Pacific Basin Financial Markets and Policies – World Scientific Publishing Company
Published: Mar 1, 2011
Keywords: R&D investment company performance US and Taiwan technology-intensive company