Abstract
The purpose of this study is to investigate the impact of R&D on a firm's longrun performance and competitiveness within the U.S. and Japanese high-tech industries. First, we examine whether there is a positive relationship between R&D expenditures and a firm's long-run performance (i.e., market growth). We then search for a systematic difference in this relationship between two different economic environments, the U.S. and Japan. Furthermore, the interacting (moderating) effect of R&D on the firm's competitive structure and performance is explored. That is, how R&D moderates the linkage between the selected strategies and firms' performance. We find the results indicate a positive relationship between R&D expenditures and a firm's market growth, but one that is constant only in Japan.
Original language | English (US) |
---|---|
Pages (from-to) | 179-191 |
Number of pages | 13 |
Journal | Journal of High Technology Management Research |
Volume | 6 |
Issue number | 2 |
DOIs | |
State | Published - 1995 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Computer Science Applications
- Strategy and Management
- Information Systems and Management
- Marketing
- Management of Technology and Innovation