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The increasingly competitive era of global competition has resulted in companies having to have a competitive advantage on their competitors in order to continue surviving in the market by improving their company performance. This competitive advantage can be obtained by utilizing technological advances through Research & Development (R&D) activities. This study aims analyze and estimate the effect of R&D investment on company performance, which is divided into financial and market performance of the company. This study uses panel data from 144 Pharmaceutical & Biotechnology companies listed in the Global Top 2500 Scoreboard during 2016- 2020 regressed using Fixed Effect Model (FEM) method. The results of the study show that there is a time lag in the effect of R&D investment on company performance where in the short term, R&D expenditure significantly decreases company performance (profit and net sales) and does not significantly affect the company market performance (market capitalization) while in the long term, R&D expenditure significantly affects the improvement of company’s financial and market performance.Ada Tabel
| Call Number | Location | Available |
|---|---|---|
| 13379 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Program Studi Ilmu Ekonomi Fakultas Ekonomi dan Bisnis UI 2022 |
|---|---|
| Edisi | - |
| Subjek | Company performance Research & Development Activities |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiv, 52 p. ; diagr. ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |