The aim of this paper is to investigate the issue of R&D investment and the market value of the firm. This idea dating … R&D investment). In the theoretical section of this paper we are describing Tobin's original model, and Abel's (1984 …-section time series model (Feasible Generalized Least Squares Model), for a panel of countries in Europe including UK and Turkey …

to explain the low levels of investment in research and development (R&D) activities by Chilean firms. …

This work analyses the effect of public subsidies on firms' investments and investment–cash flow sensitivity in a … increased investment rate and a reduced investment–cash flow sensitivity, in the immediately following year. We interpret these … results as an indication of the relaxation of financial constraints. Moreover, while the increase in the investment rate does …

(SMM) for the estimation of structural models with fixed parameter heterogeneity. The main advantage of the procedure is … of the SMM criterion function. We illustrate the use of our method by estimating a neoclassical model of investment for a …

This paper investigates the financial determinants of research and development (R&D) investment in Asia, where …&D investment to changes in cash flow, indicating reliance on internal financing of R&D and financially constrained firms, and a … cash flow sensitivity of R&D investment, suggesting more stable funding of innovation. Overall, there does not seem to be …

If the relation between investment and economic growth is well established in the macroeconomic literature, the … linking investment and firm performance in the French and Italian manufacturing industries. It does so by putting forth a … novel methodology to identify investment spikes that corrects for size dependence. While maintaining the desired properties …

production plan. In either case, the optimal research plan is characterised by an initially high but declining rate of investment … policy implications. Policies disturbing ongoing investment projects can cause abrupt short-run effects on R&D spending and …

The object of research is investment and innovation activity as a component of modern medical management. One of the … health care institutions based on the use of investment and innovation tools.In the course of the study, the following … development of investment funds, which will become the basis for the creation of a high-tech modern base of medical equipment and …