研發支出之效益評估─中美日韓之比較
Date Issued
2003
Date
2003
Author(s)
DOI
912416H002036
Abstract
This study compares the performance and market reactions of R&D (research
and development) expenditures of Taiwan, United States, Japan, and Korea. I expect
that United States and Japan should have a better performance than Taiwan and Korea.
This is due to the fact that the R&D activities of the two more advanced countries
could be more fundamental and more related to the improvement of company’s core
competition ability.
The empirical evidence shows that on average, for Taiwan, United States, Japan,
and Korea, one dollar of R&D input would create, respectively, 2.376, 7.568, 5.269,
and 3.012 dollars of accounting earnings in the future. However, only the
coefficients of the market reactions to the R&D expenditures in United States and
Japan are significant.
Subjects
research and development expenditure
firm performance
electric industry
market reaction
Publisher
臺北市：國立臺灣大學會計學系暨研究所
Type
other
File(s)![Thumbnail Image]()
Loading...
Name
912416H002036.pdf
Size
205.09 KB
Format
Adobe PDF
Checksum
(MD5):77110d5d432118ba822b64287869b85f