Characteristics of businesses with high R&D investment

J. Zif*, D. McCarthy, A. Israeli

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

The purpose of this study is to explore the characteristics of firms with high R&D investment in comparison with other industrial businesses. The approach to the study consists of the following aspects: 1. (1) The paper is based on a general framework of variables which characterize businesses with high R&D investment. 2. (2) No assumption is made about a clear direction of cause and effect. 3. (3) The interpretation of high R&D investment is operationalized by selecting businesses with R&D to sales ratios substantially (two times) above average for industrial businesses. In this paper we call them "R&D businesses". 4. (4) The sampling units for analysis are business units from the PIMS data base which have the advantage of known levels of R&D investment. 5. (5) Two forms of analysis are presented: a binary regression of groups similar to discriminant analysis and a multiple regression analysis.

Original languageEnglish
Pages (from-to)435-445
Number of pages11
JournalResearch Policy
Volume19
Issue number5
DOIs
StatePublished - Oct 1990

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