A Cross-sectional Analysis of Research and Development Expenditures.
| dc.contributor.advisor | Johnson, Marianne | |
| dc.contributor.author | Buchmann, Beau | |
| dc.date.accessioned | 2007-12-18T19:01:04Z | |
| dc.date.available | 2007-12-18T19:01:04Z | |
| dc.date.issued | 2007-12-18T19:01:04Z | |
| dc.description | Oshkosh Scholar, Volume 2, 2007, p. 19-27. | en |
| dc.description.abstract | Long-term economic growth is sustained by research and development activities conducted by private firms, and therefore, understanding how firms make R&D choices is important. In this study, Compustat data is used to econometrically analyze firm choices about research and development (R&D). Examined are both the total amount of money firms spend on R&D activities and the portion of sales revenue firms spend on R&D. Our interpretations are as follows. The model predicts that larger firms, determined by sales revenue and number of people employed, spend more money on R&D activities. In addition, firms whose operations include more business segments commit fewer revenues to innovation, while firms that operate in more geographic areas typically spend more on R&D. Finally, if a firm owns more intangible assets, such as franchise rights and patents or copyrights, it will likely spend more on R&D. | en |
| dc.format.extent | 444083 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.identifier.uri | http://digital.library.wisc.edu/1793/22329 | |
| dc.language.iso | en_US | en |
| dc.subject | Expenditures, Public | en |
| dc.subject | Finance | en |
| dc.subject | Research and development | en |
| dc.title | A Cross-sectional Analysis of Research and Development Expenditures. | en |
| dc.type | Article | en |