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 language | English |
|---|---|
| Pages (from-to) | 435-445 |
| Number of pages | 11 |
| Journal | Research Policy |
| Volume | 19 |
| Issue number | 5 |
| DOIs | |
| State | Published - Oct 1990 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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