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Is Corporate Scientific Research Still Important? A Study of Corporate Scientific Research, Future Profitability, and Cost of Capital
| Title: | Is Corporate Scientific Research Still Important? A Study of Corporate Scientific Research, Future Profitability, and Cost of Capital. |
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| Name(s): |
HuangFu, JiangBo, author Kohlbeck, Mark , Thesis advisor Florida Atlantic University, Degree grantor School of Accounting College of Business |
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| Type of Resource: | text | |
| Genre: | Electronic Thesis Or Dissertation | |
| Date Created: | 2023 | |
| Date Issued: | 2023 | |
| Publisher: | Florida Atlantic University | |
| Place of Publication: | Boca Raton, Fla. | |
| Physical Form: | application/pdf | |
| Extent: | 137 p. | |
| Language(s): | English | |
| Abstract/Description: | I examine the importance of corporate scientific research. It is crucial to understand the role of corporate scientific research because such a knowledge could form an appropriate response to the current decline of corporate scientific research amidst the evolving innovation ecosystem featured with growing university research and tech companies’ research. R&D is often treated as a single construct in accounting and finance research for firm innovation. However, corporate scientific research (“R”) has different implications for firm innovations, “R” creates new knowledge, and reduced investment in "R" may lead to a loss of internal research capability, disrupting the speed and quality of innovation. As such, it is necessary and meaningful to examine "R" separately from "R&D." Historically, corporate scientific research has played an important role in driving breakthrough innovations. Beginning in the 1980s, there has been a decline in corporate scientific research in favor of university research and tech companies’ research. Consequently, this raises a question: if corporate scientific research was important, is it still important? This is a fundamental question because if corporate scientific research is still important, declining or even stagnant corporate scientific research would present an issue of concern for firms and the economy. | |
| Identifier: | FA00014235 (IID) | |
| Degree granted: | Dissertation (PhD)--Florida Atlantic University, 2023. | |
| Collection: | FAU Electronic Theses and Dissertations Collection | |
| Note(s): | Includes bibliography. | |
| Subject(s): |
Scientific research Corporations--Research Stocks Research and development |
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| Persistent Link to This Record: | http://purl.flvc.org/fau/fd/FA00014235 | |
| Use and Reproduction: | Copyright © is held by the author with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
| Host Institution: | FAU |
