Chang, Hsu-Ling; Su, Chi-Wei - In: Review of Pacific Basin Financial Markets and Policies … 13 (2010) 01, pp. 157-174
This study sets out with the aim of determining whether there is such a thing as an optimal level of research and development (R&D) intensity within which a firm can effectively maximize its sales growth ratio. We adopt an advanced panel threshold regression model to examine the relationship...