Publication result detail

The role of R & D spending in medium-sized firms

BOČKOVÁ, N.; MELUZÍN, T.; POLÁČEK, T.

Original Title

The role of R & D spending in medium-sized firms

English Title

The role of R & D spending in medium-sized firms

Type

Paper in proceedings (conference paper)

Original Abstract

Studies on the impact of R&D expenditure in small and medium-sized companies have experienced a rapid growth over the last several years. This paper aims to examine the impact of R&D investments on operating revenue growth by medium size Czech companies in the NACE Category 28 - Manufacture of machinery and equipment n.e.c. The paper uses the results of a questionnaire survey as the primary data source and the Amadeus database as a secondary data source. The statistical sample includes panel data of 51 medium businesses with R&D investments. The authors’ finding is that R&D investments generally have a positive effect on operating revenue growth. The authors found a statistically significant difference between turnover in 2014 and 2016 at a level of significance of α = 0.05. There is no statistically significant difference between domestic and foreign-owned businesses in changes in turnover in the short term. However, the authors did find a significant difference between the operating revenue per employee of domestic businesses and businesses with foreign equity.

English abstract

Studies on the impact of R&D expenditure in small and medium-sized companies have experienced a rapid growth over the last several years. This paper aims to examine the impact of R&D investments on operating revenue growth by medium size Czech companies in the NACE Category 28 - Manufacture of machinery and equipment n.e.c. The paper uses the results of a questionnaire survey as the primary data source and the Amadeus database as a secondary data source. The statistical sample includes panel data of 51 medium businesses with R&D investments. The authors’ finding is that R&D investments generally have a positive effect on operating revenue growth. The authors found a statistically significant difference between turnover in 2014 and 2016 at a level of significance of α = 0.05. There is no statistically significant difference between domestic and foreign-owned businesses in changes in turnover in the short term. However, the authors did find a significant difference between the operating revenue per employee of domestic businesses and businesses with foreign equity.

Keywords

Manufacture of machinery and equipment, R&D investments, Operating revenue, t-Test, SMEs

Key words in English

Manufacture of machinery and equipment, R&D investments, Operating revenue, t-Test, SMEs

Authors

BOČKOVÁ, N.; MELUZÍN, T.; POLÁČEK, T.

RIV year

2019

Released

16.07.2018

Publisher

Mendel University in Brno

Location

Brno

ISBN

9788075095619

Book

21st Annual International Conference ENTERPRISE AND COMPETITIVE ENVIRONMENT

Pages from

103

Pages to

110

Pages count

8

URL

http://ece.mendelu.cz/previous-conferences.

BibTex

@inproceedings{BUT148798,
  author="Nina {Bočková} and Tomáš {Meluzín} and Tomáš {Poláček}",
  title="The role of R & D spending in medium-sized firms",
  booktitle="21st Annual International Conference ENTERPRISE AND COMPETITIVE ENVIRONMENT",
  year="2018",
  pages="103--110",
  publisher="Mendel University in Brno",
  address="Brno",
  isbn="9788075095619",
  url="http://ece.mendelu.cz/previous-conferences."
}