scholarly journals Circular Causality of R&D and Export in EU countries

2015 ◽  
Vol 1 (1) ◽  
pp. 82 ◽  
Author(s):  
Dilek Cetin ◽  
Michele Cincera
Keyword(s):  
Research And Development ◽  
Manufacturing Industry ◽  
Community Innovation Survey ◽  
Eu Countries ◽  
Export Behaviour ◽  
Knowledge Intensive ◽  
The One ◽  
Circular Causality ◽  
The Relationship ◽  
D Investment

The main objective of the study is to explore the relationship between Research and Development (R&D) investments and export behaviour in EU countries in the aspect of competitiveness. To this end, the micro-aggregated Community Innovation Survey 3 (CIS3) is used. Both the volume and the decision of R&D investment and export are found to be mutually dependent. Particularly, in manufacturing industry, the effect of export on R&D is underestimated and the one of R&D on export is overestimated. In the knowledge intensive sectors, circular causality link is broken between the R&D and export.

scholarly journals Tanggung Jawab Sosial Dan Risiko Sistematis: Efek Moderasi Dari Fleksibilitas Keuangan Dan Investasi Penelitian Dan Pengembangan

2021 ◽  
Vol 4 (2) ◽  
pp. 162-185
Author(s):  
Anita Anita ◽  
Lisa Lim
Keyword(s):  
Regression Analysis ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Research And Development ◽  
Stock Prices ◽  
Systematic Risk ◽  
Financial Flexibility ◽  
Corporate Social ◽  
The Relationship ◽  
D Investment

The study is conducted with the aim of examining the effect of corporate social responsibility on systematic risk in companies listed on the IDX for the period of 2016-2020. This study adds financial flexibility and research and development investment as moderators which are still remain unexplored in Indonesia. This research is expected to be able to make investors consider social responsibility as a factor in making investment decisions. The data taken are stock prices, annual reports and sustainability reports which are secondary data. Data collection using purposive sampling method with certain criteria so that the number of samples in this study amounted to 43 companies. In testing the hypothesis using panel data regression analysis techniques with eviews. The results of the regression analysis show that the existence of corporate social responsibility has a significant positive effect on systematic risk. The moderating variable of financial flexibility does not affect the relationship between CSR and systematic risk. Then the research and development investment variables weaken the relationship between CSR and systematic risk. Therefore, management is expected to pay attention to R&D investment in making CSR policies. This study explains that R&D investment is one of the important roles in company sustainability.

scholarly journals Government Support and R&D Investment Effectiveness in Chinese SMEs: A Complex Relationship

2017 ◽  
Vol 16 (1) ◽  
pp. 201-226 ◽  
Author(s):  
Claudio Petti ◽  
Lauretta Rubini ◽  
Silvia Podetti
Keyword(s):  
Government Support ◽  
High Tech ◽  
Moderation Model ◽  
And Performance ◽  
The One ◽  
Internal Balance ◽  
The Relationship ◽  
Innovative Capacity ◽  
D Investment ◽  
Innovation Support

This paper investigates the combined role of innovation support policies and firm's own innovative activities on the performance of Chinese small- and medium-sized enterprises (SMEs) in high-tech sectors. By distinguishing two components of innovative activities—research and development (R&D) investments and embedded innovative capacity—the paper develops and tests an integrative moderated moderation model. The results suggest that in Chinese high-tech SMEs innovation-support policies positively moderate the relationship between R&D investments and performance, but this positive effect diminishes when there are higher levels of embedded innovative capacity. These results highlight that the relationship between government innovation policies and a firm's own R&D investments is not only reciprocal but also more complex than the one so far analyzed in the literature. The results show in particular that the effects of innovation-support policies on R&D investments is not as neat as it seems, because of the internal balance within the firm between investment in R&D and other sources of innovation. Therefore, although innovation support policies have been found to help Chinese SMEs in high-tech sectors benefit from their R&D investments, these policies are particularly effective only when R&D investments are significantly driving firms’ innovative activities. This highlights the relevance of both government support and a firm's own efforts in the competitive modernization of Chinese SMEs.

“Irish First”: Daniel O’Connell, the Native Manufacture Campaign, and Economic Nationalism, 1840–44

2000 ◽  
Vol 32 (4) ◽  
pp. 598-616 ◽  
Author(s):  
Paul A. Pickering
Keyword(s):  
Nineteenth Century ◽  
Manufacturing Industry ◽  
The Other ◽  
Economic Nationalism ◽  
Irish History ◽  
Public Comment ◽  
The Subject ◽  
The One ◽  
Land Question ◽  
The Relationship

The relationship between nationalism and the land, observes Philip Bull in his recent study of the Irish land question, “formed a nexus which was so strong that the one issue became effectively a metaphor for the other.” Any student of nineteenth-century Irish politics can appreciate the force of this eloquent conclusion. Nevertheless, the preoccupation with the land by contemporaries and historians alike has relegated an important strand of economic nationalism devoted to manufacturing industry to a footnote in Irish history. The fate of manufacturing industry in the aftermath of the Union of 1800 is the subject of controversy among scholars suggesting, at the very least, substantial regional and sectoral variations. Contemporaries, however, were in little doubt that Irish manufacturing industry was suffering from terminal decline, a perception that had formed a regular reprise in public comment throughout the previous century. As John O’Connell wrote in 1849 “the question of Irish manufacturing has been, for more than a century and a half, one of the chief grounds of bitterness and bickerings” between Ireland and England.

The Influential Factors of TQM and TPM Implementation on Manufacturing Industry Performance (MIP)

2021 ◽  
Vol 02 (01) ◽  
Author(s):  
Abdalla Al Maazmi ◽  
◽  
Abdallah Al Hamadi ◽  
Keyword(s):  
Conceptual Model ◽  
Manufacturing Industry ◽  
Global Market ◽  
Influential Factors ◽  
Business Success ◽  
Total Quality ◽  
Policy Makers ◽  
Instruments And Techniques ◽  
The One ◽  
The Relationship

The demand for quality is the one crucial factor for businesses in today's highly competitive market, to thrive in this ever expanding global market. As a result of intense global competition, Total quality management (TQM) has been created. Most of the previous papers show that TQM is very related to business success. However, the analysis of the Total productive maintenance (TPM) as mediator between TQM and MIP not widely found and previous researches were commonly regarded as general instruments and techniques without particular emphasis on improvement styles. This paper aims to suggest the relationship between TQM and MIP through mediating impact of TPM. The methodology adopted for this research was to use a review of existing literature, this paper explores the theories of TQM and TPM to provide useful information to ensure effective management of manufacturing industry. The key contribution of this paper is to develop a conceptual model to describe the cause- effect relationship between TQM, TPM activities and MIP. The implication of the proposed conceptual model would help academics and policy makers in the industry to better understand the relationship between activities.

scholarly journals The effects of R&D intensity and internationalization on the performance of non-high-tech SMEs

2017 ◽  
Vol 36 (1) ◽  
pp. 81-103 ◽  
Author(s):  
Lucas WA Booltink ◽  
Ayse Saka-Helmhout
Keyword(s):  
Firm Performance ◽  
Research And Development ◽  
Critical Threshold ◽  
High Tech ◽  
High Tech Sector ◽  
And Performance ◽  
The Relationship ◽  
D Investment ◽  
Level Of Risk

Research and Development (R&D) investment is seen as a fundamental driver of high-tech small and medium-sized (SME) firm performance. However, the same driver may be constraining growth among non-high-tech SMEs as it increases the level of risk faced by such firms. We challenge this argument by examining the relationship between R&D intensity and performance among non-high-tech SMEs. While the size of R&D investments is, by definition, limited in the non-high-tech sector, our study shows that such investments are important for non-high-tech firms. There is, however, an inverted U-shaped relationship between R&D intensity and performance among non-high-tech SMEs. Furthermore, increased internationalization leads non-high-tech SMEs to exploit their R&D investment more effectively to enhance firm performance, provided that R&D investment levels exceed a critical threshold.

scholarly journals Directors’ board, R&D investment and the firm’s performance: Evidence from the French case

2014 ◽  
Vol 10 (2) ◽  
pp. 85-101 ◽  
Author(s):  
Zouari Ghazi ◽  
Zouari-Hadiji Rim
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
The Other ◽  
Double Structure ◽  
The Board Of Directors ◽  
French Case ◽  
Points Of View ◽  
The One ◽  
The Relationship ◽  
D Investment

This study examines the relationship between the board of directors and firm performance in terms of the level of R&D investment in the French context and some corporate governance points of view. Our model seeks to show whether the level of investment in R&D acts as an intermediary variable between, on the one hand, the dominance of external directors, the double structure and size of the board of directors, and, on the other, productivity. This empirical study is based on a sample of 178 French firms for the period 2008-2012. The results of the linear regression show that the relationship between the variables associated with the composition of the board of directors and the effectiveness of the company depends on the level of investment of the company in R&D.

scholarly journals The impact of research and development activity on the TFP level in manufacturing in Poland

Equilibrium ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 711-737 ◽  
Author(s):  
Elżbieta Roszko-Wójtowicz ◽  
Maria M. Grzelak ◽  
Iwona Laskowska
Keyword(s):  
Research And Development ◽  
Total Factor Productivity ◽  
Manufacturing Industry ◽  
Value Added ◽  
High Tech ◽  
Factor Productivity ◽  
Development Activity ◽  
Manufacturing Enterprises ◽  
The Impact ◽  
The Relationship

Research background: The paper presents the issue of total factor productivity in the manufacturing industry in Poland. It has been assumed that total factor productivity (TFP) is a synthetic measure of efficiency of the production process and a measure of the impact of technical progress on the rate of economic growth. Purpose of the article: The main aim of the paper is to assess the differentiation in the level of total factor productivity (TFP) occurring among the Section C manufacturing divisions in Poland. In particular, the paper raises the issue of measuring and analysing the relationship between expenditure on research and development and the level of TFP in manufacturing divisions in Poland. Methods: In the presented research, the TFP level was determined by using the two-factor Cobb-Douglas production function, while econometric panel models were used to assess the studied relationship. Findings & Value added: The presented considerations show that manufacturing divisions in Poland are diversified in terms of total factor productivity. Generally, manufacturing divisions with high R&D intensity, i.e. divisions classified as so-called high-tech ones, are characterised by a high TFP level. The econometric analysis carried out allows us to conclude that expenditure on R&D incurred in manufacturing enterprises significantly affects the level of TFP.

scholarly journals Research on R&D Investment, Corporate Leverage and Firm Performance: Based on Chinese Manufacturing Industry

2021 ◽  
Vol 292 ◽  
pp. 02046
Author(s):  
Yuan Gao
Keyword(s):  
Manufacturing Industry ◽  
Fixed Effect Model ◽  
Moderating Effect ◽  
Industrial Transformation ◽  
Healthy Development ◽  
Effect Model ◽  
Chinese Manufacturing Industry ◽  
The Government ◽  
The Relationship ◽  
D Investment

With the development of science and technology, Chinese manufacturing industry is facing transformation and upgrading, and innovation is an important driving force to promote industrial transformation and upgrading. Therefore, based on the background of Chinese manufacturing transformation and upgrading, this paper uses fixed effect model to study the relationship between R & D investment and corporate performance, and the moderating effect of corporate leverage. The study finds that the greater the R & D investment of enterprises is, the better the performance of enterprises is. Meanwhile, the leverage of enterprises has a negative moderating effect on the relationship between R & D investment and enterprise performance. Therefore, enterprises should pay attention to their own R & D, reduce their debt levels, and promote the transformation and upgrading of enterprises. At the same time, the government should introduce corresponding preferential policies to encourage enterprises to carry out R & D and deleverage, in order to promote the healthy development of industrial economy.

scholarly journals Research and Development Expenditures of Innovative Enterprises in the Time of Crisis

2012 ◽  
Vol 14 (3) ◽  
pp. 71-86
Author(s):  
Aleksandra Lech
Keyword(s):  
Research And Development ◽  
High Technology ◽  
Global Scale ◽  
High Tech ◽  
Current Economic Crisis ◽  
The One ◽  
Biotechnology Sector ◽  
D Investment ◽  
Office Equipment ◽  
The Eu

The paper presents the reaction of companies that have been making the largest outlays on R&D in a global scale to the current economic crisis. The analysis paid special attention to what extent R&D investments had been affected in comparison with net sales and profits and how R&D investment were affected across industries and regions. The analysed enterprises reduced their net sales and profits to a greater extent than outlays on research and development, which confirms an anticyclical character of R&D activity in leading innovative enterprises. It has to be noted that in an analysed sample some companies significantly decreased outlays on R&D, however, there were some that increased these outlays in spite of worsening economic performance. Among investigated sectors the one that proved to be the most crisisresistant was the pharmaceuticals & biotechnology sector - classified as high technology, whereas the most crisis-prone one was the automotive sector. Nonetheless, the thesis that high tech industries are more crisis-resistant cannot be substantiated – outlays on research and development in the following sectors: computer production, office equipment, semiconductors, telecommunications equipment (technology hardware & equipment) – classified as high technology in 2009 were reduced in relation to year 2008. In an analysed group of enterprises the smallest "resistance" to crisis was observed in American companies. The enterprises from the EU also reduced research and development expenditures but the pace of a fall in these expenditures was smaller than in the case of American companies.

Innovation and Performance: An Empirical Study of Russian Industrial Companies

2018 ◽  
Vol 15 (03) ◽  
pp. 1850027 ◽  
Author(s):  
Arkady Trachuk ◽  
Natalia Linder
Keyword(s):  
Research And Development ◽  
Critical Mass ◽  
High Tech ◽  
Manufacturing Companies ◽  
Industrial Companies ◽  
Strong Positive Relationship ◽  
And Performance ◽  
Relationship Of ◽  
The Relationship ◽  
D Investment

The paper investigates the relationship between investment in research and development (R&D), innovation expenses, and productivity of manufacturing companies. These empirical results have shown that innovation investments (1) improve the performance of industrial companies with the elasticity of 0.09; (2) innovation investment has an impact on the performance of the company, and the extent of this impact depends on the value of R&D investment and has a range of elasticity ranging from 0.03 (for low volumes of R&D investment) to 0.16 in high volumes of R&D investment; (3) the relationship between innovation investment and the growth of performance is nonlinear in nature and has a strong positive relationship only after a critical mass of innovation investment has been reached; (4) a significant role in the relationship of innovation investment and productivity is played by the features of the industry in which the company operates (the companies that operate in high-tech industries not only invest more in R&D and innovation but also have a better performance due to research and development); (5) companies of low-tech industries have a negative elasticity of innovation investment and productivity, which is due to the influence of unprofitable innovation investments (appropriability effect), i.e. additional profits from the investment are not significant.

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