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THE IMPACT OF R&D EXPENDITURE ON FIRM PERFORMANCE IN MANUFACTURING INDUSTRY: FURTHER EVIDENCE FROM TURKEY.EJurnal STIE



The effects of research and development (R&D) activities on firm performanceare fairly important in
developing countries in which they operate. Accordingly, this study aims to determine how firms performance is
affected by R&D expenditures, and this effect is tested and discussed with manufacturing firms data, which
range from 2007-Q1 to 2014-Q3 in Turkey, both by using Durbin-Hausman panel cointegration test developed
by Westerlund (2008) and Common Correlated Effects (CCE) coefficient estimator developed by Pesaran
(2006). The findings indicate that R&D expenditures have a positive effect on sales growth in the manufacturing
industry. Moreover, it has been found that this effect has continued for six months


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044ejurnal2015Perpustakaan AUBTersedia

Detail Information

Judul Seri
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No. Panggil
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Penerbit : .,
Deskripsi Fisik
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Bahasa
English
ISBN/ISSN
2229-6158
Klasifikasi
NONE
Content Type
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Media Type
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Carrier Type
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Edisi
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Subyek
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Info Detil Spesifik
Int.J.Eco. Res., 2015, v6i2, 32-36
Pernyataan Tanggungjawab

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