haku: @indexterm RATE OF RETURN / yhteensä: 621
viite: 23 / 621
Tekijä:Coombs, J.E.
Bierly, P.E. III
Otsikko:Measuring technological capability and performance
Lehti:R & D Management
2006 : SEP, VOL. 36:4, p. 421-438
Asiasana:strategic planning
investments
rate of return
R&D
public sector
manufacturing
companies
USA
Kieli:eng
Tiivistelmä: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.
SCIMA tietueen numero: 262514
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