%0 Book
%A Axel Jörn
%D 2015
%C Hamburg, Germany
%I Anchor Academic Publishing
%@ 9783954899814
%T Does research pay?
%B An analysis of R&D expenditure and economic performance in small and medium sized enterprises
%U https://m.anchor-publishing.com/document/305161
%X 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.
%K Research, Development, R&D, SME, Innovation Management, efficiency of innovation, R&D expenditure, Economic performance, Dynamic capabilities, Small and Medium Enterprises
%G English