Ehie, Ike C.; Olibe, Kingsley - In: International Journal of Production Economics 128 (2010) 1, pp. 127-135
We examine the association between investment in research and development (R&D) and market value among US firms over an 18-year period covering 26,500 firm-years. We study the R&D investment-firm performance linkage in both manufacturing and service industries to evaluate differences in their...