Does research pay? : an analysis of R&D expenditure and economic performance in small and medium sized enterprises / Axel Jörn.

Format:

Book

Author/Creator:

Jörn, Axel, author.

Language:

English

Subjects (All):

Small business--Management.

Small business.

Physical Description:

1 online resource (52 pages) : illustrations, tables

Place of Publication:

Hamburg, [Germany] : Anchor Academic Publishing, 2016.

Summary:

In order to develop or protect competitive advantages, companies, besides other initiatives, increasingly invest more and more in research and development (R&D) to foster innovation and dynamic capabilities. Consequently, discussions about the effectiveness and benefit of R&D expenditure have become popular in the recent years. This paper is dealing with the topic "Does research pay? An analysis of R&D expenditure and economic performance in small and medium-sized enterprises (SME)." It was written in the second semester on the module of "Research Methods" to obtain a Master of Business Administration. In the first part, the theoretical basis for innovation management, calculation of benefit, evaluation methods of R&D initiatives in companies are given. The second part presents a quantitative analysis of the efficacy of R&D expenditure and economic performance of SME based on a data set produced from the Statistisches Bundesamt Germany by using MS Excel and the programming language "R." Finally, this assignment provides a summary, an outlook, and a recommendation for further research.

Notes:

Includes bibliographical references.

Description based on online resource; title from PDF cover (ebrary, viewed December 7, 2016).

ISBN:

3-95489-981-7