Publication detail

The Relationship Between R&D Expenses and Performance: Evidence from European Manufacturing Enterprises

ŽIŽLAVSKÝ, O. KARAS, M.

Original Title

The Relationship Between R&D Expenses and Performance: Evidence from European Manufacturing Enterprises

Type

conference paper

Language

English

Original Abstract

Measuring performance and contribution of R&D to performance has become a critical concern for managers and executives. This paper illustrates a link between R&D expenses and performance through a statistical model. We test whether and how innovation influences performance. Therefore, we consider R&D expenses (the independent variable) and other financial indicators of the enterprises performance (the dependent variables). Enterprises from manufacturing industries have been chosen as an examined sample. The data was obtained from the Amadeus database in the period 2007 to 2012. From a managerial point of view, such a model should be useful in predicting how enterprises may invest in new R&D capabilities in the future. We found significant relationship between the return on assets and past R&D expenses. The main limitation of our analysis is, that data provide only a view into medium and large-sized companies due to focus on top R&D investing companies in the EU.

Keywords

R&D expenses, performance measurement and management, statistical model in measurement, European manufacturing companies.

Authors

ŽIŽLAVSKÝ, O.; KARAS, M.

RIV year

2014

Released

10. 9. 2014

Publisher

DIME UNIVERSITA DI GENOVA

Location

Itálie

ISBN

9788897999324

Book

26th European Modeling and Simulation Symposium, EMSS 2014

Edition number

26

Pages from

72

Pages to

78

Pages count

7

BibTex

@inproceedings{BUT109409,
  author="Ondřej {Žižlavský} and Michal {Karas}",
  title="The Relationship Between R&D Expenses and Performance: Evidence from European Manufacturing Enterprises",
  booktitle="26th European Modeling and Simulation Symposium, EMSS 2014",
  year="2014",
  number="26",
  pages="72--78",
  publisher="DIME UNIVERSITA DI GENOVA",
  address="Itálie",
  isbn="9788897999324"
}