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Does research pay?

An analysis of R&D expenditure and economic performance in small and medium sized enterprises

©2015 Academic Paper 52 Pages

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.

Details

Pages
52
Type of Edition
Erstausgabe
Year
2015
ISBN (PDF)
9783954899814
ISBN (Softcover)
9783954894505
File size
1.4 MB
Language
English
Institution / College
The FOM University of Applied Sciences, Hamburg
Publication date
2015 (September)
Tags
Research Development R&D SME Innovation Management efficiency of innovation R&D expenditure Economic performance Dynamic capabilities Small and Medium Enterprises

Author

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Title: Does research pay?