DC Field | Value | Language |
---|---|---|
dc.contributor.author | Hwang, Heeju | ko |
dc.contributor.author | Jang, Soojeen | ko |
dc.contributor.author | Chung, Yanghon | ko |
dc.contributor.author | Seo, Hangyeol | ko |
dc.date.accessioned | 2023-07-26T00:00:13Z | - |
dc.date.available | 2023-07-26T00:00:13Z | - |
dc.date.created | 2021-11-02 | - |
dc.date.issued | 2023-08 | - |
dc.identifier.citation | TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, v.35, no.8, pp.962 - 978 | - |
dc.identifier.issn | 0953-7325 | - |
dc.identifier.uri | http://hdl.handle.net/10203/310815 | - |
dc.description.abstract | This study investigates the R&D persistence with different external conditions based on US listed manufacturing firms for the period 2011-2019. Specifically, we analyze whether the fluctuation of R&D investment is related to short-term changes in sales, and how industrial technological intensity and competitive environment influence the relationship. We used the cost asymmetry model to identify the changes in R&D investment by sales behaviour. The results showed that the R&D investment of high-tech firms was stickier when sales declined as compared to low-tech firms. Therefore, R&D persistence tends to be strong in high-tech firms. In addition, R&D persistence was weakened by the competitive environment, and this finding was more pronounced for high-tech firms than for low-tech firms. This study has academic implications in the empirical analysis of the relationship between R&D persistence and external characteristics from a dynamic perspective. | - |
dc.language | English | - |
dc.publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | - |
dc.title | How do technological intensity and competition affect R&D persistence?: a new approach using cost asymmetry model | - |
dc.type | Article | - |
dc.identifier.wosid | 000708249300001 | - |
dc.identifier.scopusid | 2-s2.0-85117320779 | - |
dc.type.rims | ART | - |
dc.citation.volume | 35 | - |
dc.citation.issue | 8 | - |
dc.citation.beginningpage | 962 | - |
dc.citation.endingpage | 978 | - |
dc.citation.publicationname | TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT | - |
dc.identifier.doi | 10.1080/09537325.2021.1990254 | - |
dc.contributor.localauthor | Chung, Yanghon | - |
dc.contributor.nonIdAuthor | Seo, Hangyeol | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | R& | - |
dc.subject.keywordAuthor | D persistence | - |
dc.subject.keywordAuthor | technological intensity | - |
dc.subject.keywordAuthor | competition | - |
dc.subject.keywordAuthor | cost asymmetry model | - |
dc.subject.keywordPlus | PRODUCT MARKET COMPETITION | - |
dc.subject.keywordPlus | FIRM GROWTH | - |
dc.subject.keywordPlus | SUNK COSTS | - |
dc.subject.keywordPlus | CORPORATE GOVERNANCE | - |
dc.subject.keywordPlus | CASH HOLDINGS | - |
dc.subject.keywordPlus | INNOVATION | - |
dc.subject.keywordPlus | KNOWLEDGE | - |
dc.subject.keywordPlus | ROLES | - |
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