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題名 R&D Intensity, Firm Performance and the Identification of the Threshold: Fresh Evidence from the Panel Threshold Regression
作者 葉明亮;朱曉萍;佘日新;邱奕嘉
Yeh, Ming-Liang;Chu, Hsiao-Ping;Peter J. Sher;Chiu, Yi-Chia
貢獻者 智財所
日期 2010
上傳時間 21-Feb-2014 17:19:04 (UTC+8)
摘要 This article tests whether there is an optimal level of research and development (R&D) intensity at which point a firm is able to maximize its performance. An advanced panel threshold regression model is employed to investigate the panel threshold effect of R&D intensity on firm performance among publicly traded Taiwan information technology and electronic firms. The results confirm that a single-threshold effect does exist and show an inverted-U correlation between R&D intensity and firm performance. This article demonstrates that it is possible to identify the definitive level beyond which a further increase in R&D expenditure does not yield proportional rewards. Some important policy implications emerge from the findings.
關聯 Applied Economics, 42(3), 389-401
資料類型 article
DOI http://dx.doi.org/10.1080/00036840701604487
dc.contributor 智財所en_US
dc.creator (作者) 葉明亮;朱曉萍;佘日新;邱奕嘉zh_TW
dc.creator (作者) Yeh, Ming-Liang;Chu, Hsiao-Ping;Peter J. Sher;Chiu, Yi-Chiaen_US
dc.date (日期) 2010en_US
dc.date.accessioned 21-Feb-2014 17:19:04 (UTC+8)-
dc.date.available 21-Feb-2014 17:19:04 (UTC+8)-
dc.date.issued (上傳時間) 21-Feb-2014 17:19:04 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/64095-
dc.description.abstract (摘要) This article tests whether there is an optimal level of research and development (R&D) intensity at which point a firm is able to maximize its performance. An advanced panel threshold regression model is employed to investigate the panel threshold effect of R&D intensity on firm performance among publicly traded Taiwan information technology and electronic firms. The results confirm that a single-threshold effect does exist and show an inverted-U correlation between R&D intensity and firm performance. This article demonstrates that it is possible to identify the definitive level beyond which a further increase in R&D expenditure does not yield proportional rewards. Some important policy implications emerge from the findings.en_US
dc.format.extent 171126 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Applied Economics, 42(3), 389-401en_US
dc.title (題名) R&D Intensity, Firm Performance and the Identification of the Threshold: Fresh Evidence from the Panel Threshold Regressionen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1080/00036840701604487en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1080/00036840701604487 en_US