A Functional-Form-Free Test of the Research and Development/Firm Size Relationship

1991 ◽  
Vol 9 (1) ◽  
pp. 85 ◽  
Author(s):  
James M. Holmes ◽  
Patricia A. Hutton ◽  
Edward Weber
Keyword(s):  
Research And Development ◽  
Firm Size ◽  
Functional Form ◽  
Size Relationship

Technological dependence in the Andean group

1978 ◽  
Vol 32 (1) ◽  
pp. 101-139 ◽  
Author(s):  
Lynn K. Mytelka
Keyword(s):  
Research And Development ◽  
Firm Size ◽  
Ownership Structure ◽  
Learning By Doing ◽  
Foreign Firms ◽  
Industrial Sectors ◽  
Andean Group ◽  
Opportunities For Learning ◽  
Monopoly Rents

In the metalworking and chemical industries of Peru, Ecuador, and Colombia, the ownership structure of firms, their product sector, and propensity to obtain technology through licensing are closely associated. Foreign firms cluster in industrial sectors with complex and volatile technologies, in which their technological advantages permit the exaction of monopoly rents. Ownership structure and product sector, as well as firm size, are related to the firm's decision to obtain technology by licensing rather than by generating it autonomously or obtaining it through other means. Ownership structure, product sector, and licensing appear to interact with choice of machinery imports and research and development activities in such a way as to produce a “technological dependence syndrome” in which opportunities for “learning by doing” are consistently missed.

ASSET BUBBLES AND ECONOMIC GROWTH UNDER ENDOGENOUS MARKET STRUCTURE

2017 ◽  
Vol 23 (06) ◽  
pp. 2338-2359 ◽  
Author(s):  
Kizuku Takao
Keyword(s):  
Economic Growth ◽  
Research And Development ◽  
Market Structure ◽  
Endogenous Growth ◽  
Firm Size ◽  
Asset Bubbles ◽  
Endogenous Growth Model ◽  
Endogenous Market Structure ◽  
Number Of Firms

By considering a simple endogenous growth model, we propose a new theoretical channel through which the presence of asset bubbles can promote economic growth. In the model economy, long-lived value-maximizing firms continuously improve the quality of their specific products through in-house research and development (R&D), while simultaneously new firms enter into the market. The key feature is endogenous market structure: The number of firms is endogenously determined, which leads to variation in firm size measured in terms of the scale of production at the level of an individual firm. The presence of asset bubbles unambiguously gives rise to larger firms. This allows in-house R&D expenditure to be spread over the greater numbers of goods that the firms produce, which can increase incentives to undertake in-house R&D.

scholarly journals Firm Size and R&D Spending: Testing for Functional Form

1988 ◽  
Vol 54 (4) ◽  
pp. 1027 ◽  
Author(s):  
Albert N. Link ◽  
Terry G. Seaks ◽  
Sabrina R. Woodbery
Keyword(s):  
Firm Size ◽  
Functional Form

scholarly journals R&D, Advertising and Firms’ Financial Performance in South Korea: Does Firm Size Matter?

2019 ◽  
Vol 11 (14) ◽  
pp. 3764 ◽  
Author(s):  
Jian Xu ◽  
Feng Liu ◽  
You-hua Chen
Keyword(s):  
South Korea ◽  
Research And Development ◽  
Financial Performance ◽  
Firm Size ◽  
Significant Influence ◽  
Small Firms ◽  
Negative Impact ◽  
System Of Equations ◽  
Listed Firms ◽  
Size Matter

Advertising and research and development (R&D) are two engines for firms to obtain competitiveness and improve profits. This study develops a system of equations to investigate the overall relationships among R&D, advertising and financial performance across firm sizes. Data from Korean listed firms have been used during 2012–2016. First, our results show that R&D and advertising are complementary in South Korea. Second, for large firms, advertising is positively and significantly associated with financial performance, and the R&D expenditure has no significant influence. Finally, R&D and advertising expenditures have a negative impact on the financial performance of small firms. An additional analysis is conducted to examine the duration of R&D and advertising. Our results from Korean listed firms contain important implications for academia as well as practitioners.

scholarly journals The Determinants of Corporate Cash Holding in Indonesia: Manufacturing Company

2020 ◽  
Vol 4 (2) ◽  
pp. 120
Author(s):  
Muhammad Ilham Prasetyo Sitorus ◽  
Ika Pratiwi Simbolon ◽  
Andrianantenaina Hajanirina
Keyword(s):  
Research And Development ◽  
Cash Flow ◽  
Firm Size ◽  
Capital Expenditure ◽  
Managerial Ownership ◽  
Cash Holding ◽  
Bank Debt ◽  
Growth Opportunities ◽  
Tangible Assets ◽  
Cash Flow Volatility

<p>This research has the purpose of analyzing the cash flow, capital expenditures, liquid assets, tangible assets, bank debt, firm size, research and development, growth opportunities, leverage, cash flow volatility, managerial ownership toward cash holding. The population in this research are all manufacturing firms listed on the Indonesia Stock Exchange (IDX). The sampling technique uses a purposive sampling method, and 78 observations have obtained from 26 companies for the 2016-2018 period. The method used in this research is quantitative. The results of this study indicate that liquid assets, tangible assets, and leverage have significant impact on cash holdings. In contrast, cash flow, bank debt, capital expenditure, firm size, research and development, growth opportunities, cash flow volatility, and managerial ownership do not have significant impact on cash holding.</p>

scholarly journals The Effect Of Company Size, Industry Type And Research And Development Intensity On Intellectual Capital Disclosure

2021 ◽  
Vol 3 (2) ◽  
pp. 58-70
Author(s):  
Ishaq ◽  
Riana Dewi ◽  
Anita Wijayanti
Keyword(s):  
Linear Regression ◽  
Research And Development ◽  
Firm Size ◽  
Intellectual Capital ◽  
Secondary Data ◽  
Company Size ◽  
Independent Variables ◽  
Industry Type ◽  
Dependent Variables ◽  
Regression Test

This study aims to determine the effect of company size, industry type, and the intensity of research and development on intellectual capital disclosure. This research uses secondary data in conducting analysis. The dependent variables are intellectual capital and independent variables, namely company size, industry type, research and development intensity. The population of this research is companies that are included in Kompas100 index on the IDX in 2018. The sample used in this study is 100 samples. Testing the hypothesis of this study using multiple linear regression test. The results showed that: 1) firm size had an effect on intellectual capital disclosure, 2) the type of industry had no effect on intellectual capital disclosure, 3) the intensity of research and development had no effect on intellectual capital disclosure.

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