Bae, Sung C.; Park, Bell J. C.; Wang, Xiaohong - In: Multinational Business Review 16 (2008) 1, pp. 53-78
We examine whether firms’ multinationality leads to better performance and what the role of R&D investment is in the multinationality performance linkage. Unlike the previous studies, we employ both accounting‐ and market‐based measures of firm performance for a large sample of U.S....