Yamada, Hirokazu; Nakayama, Yuji - In: International Journal of Systems and Service-Oriented … 8 (2018) 2, pp. 16-29
This article examines the contribution to profit from research and development (R&D) using industry-level accounting … production functions, where the authors specify sales or value-added as the explained variable and investment in R&D as the … estimates of the rate of return on R&D. These findings thus contribute to the managerial decision-making process on R&D strategy …