Innovation and Performance: The Impact of Investments in R&D According to the Different Levels of Productivity of Firms

Carlos Alano Soares de Almeida (), Jansen Maia Del Corso (), Leonardo Andrade Rocha (), Wesley Vieira da Silva () and Claudimar Pereira da Veiga
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Carlos Alano Soares de Almeida: Departamento de Agrotecnologia e Ciências Sociais, Universidade Federal Rural do Semi-Árido (UFERSA), Av. Francisco Mota, 572 Costa e Silva, 59625-900-Mossoró, RN, Brazil
Jansen Maia Del Corso: Business School Postgraduate Program, Pontifícia Universidade Católica do Paraná (PUCPR), Imaculada Conceição, 1155, 80215-901, Curitiba, PR, Brazil
Leonardo Andrade Rocha: Departamento de Agrotecnologia e Ciências Sociais, Universidade Federal Rural do Semi-Árido (UFERSA), Av. Francisco Mota, 572 Costa e Silva, 59625-900-Mossoró, RN, Brazil
Wesley Vieira da Silva: Departamento de Engenharia de Produção e Sistemas, Universidade Federal de Santa Maria (UFSM), Av. Roraima n° 1000, Cidade Universitária, 97105-900, Santa Maria, RS, Brazil
Claudimar Pereira da Veiga: DAGA- Escola de Administração, Universidade Federal do Paraná (UFPR), 632 Lothário Meissner Ave, Jardim Botânico, 80210-170, Curitiba, PR, Brazil

International Journal of Innovation and Technology Management (IJITM), 2019, vol. 16, issue 05, 1-21

Abstract: The objective of this paper is to verify how investments in R&D influence the measures of performance (sales and operating profit) of companies. Based on the EU Industrial R&D Investment Scoreboard, a 2003–2013 information panel was developed for 548 companies. Regression with panel data and Quantile Regression were used. The results indicate that investments in R&D positively influence sales and operating profit of companies as a whole, varies according to the R&D intensity when companies are analyzed in groups and that the distance from the frontier influences the relationship between R&D and performance. The companies of the upper quantiles have better relation R&D and profit than the companies more distant from the frontier. Companies with higher profit can transform R&D investments more efficiently into profit.

Keywords: Research and development; performance; quantile regression (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S0219877019500366

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