search query: @author Coombs, J.E. / total: 1
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| Author: | Coombs, J.E. Bierly, P.E. III |
| Title: | Measuring technological capability and performance |
| Journal: | R & D Management
2006 : SEP, VOL. 36:4, p. 421-438 |
| Index terms: | strategic planning investments rate of return R&D public sector manufacturing companies USA |
| Language: | eng |
| Abstract: | This study aims to illustrate the theoretical and empirical complexity of the relation btw. technological capability (here as: t-cap.) and firm performance and explain why the use of different measures (as: msrs.) can lead to dramatically different results. Analyzed is the t-cap.-performance relation in 201 large U.S. public manufacturing companies. Used indicators for t-cap. are a variety of patent statistics and a measure of research & development (R&D) intensity. The following six measures as follows: return on (as: r-o.) assets, r-o. equity, r-o. sales, market value, market value added (as: v-a.), and economic v-a. The results vary substantially, depending on which msrs. are used for the (in)dependent variables. |
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