The impact of technology strategy on firm performance

被引:46
|
作者
Pegels, CC
Thirumurthy, MV
机构
[1] School of Management, State University of New York at Buffalo, Buffalo
[2] School of Management, State University of New York at Buffalo, Buffalo
[3] Olympic College, Bremerton
关键词
D O I
10.1109/17.511835
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study focuses on the link between research and development (R&D) expenditures and two firm technology measures: technological cycle time and technological strength. The subsequent focus is on the two firm technology measures and firm performance while controlling for firm size and productivity, An empirical test on 49 firms across several industries revealed that the first link was quite weak, possibly caused by the inclusion of much engineering on ongoing operations being included in R&D, However, the overall model results were quite strong, showing that 45% of the variation in firm performance, measured by operating profits, was explained by the comprehensive three-stage model.
引用
收藏
页码:246 / 249
页数:4
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