scholarly journals A Study on the Impact of R&D Intensity on Business Performance: Evidence from South Korea

2021 ◽  
Vol 7 (2) ◽  
pp. 135
Author(s):  
Hun Park ◽  
Jun-Hwan Park ◽  
Sujin Lee ◽  
Hyuk Hahn

The role of R&D (research and development) intensity on the effect of knowledge services on the business performance of firms has been discussed by using PLS-SEM and PLS-MGA methods. Research groups were divided into two groups, innovative and non-innovative. Respondents were classified into innovative firms if their R&D intensity was over 3% and vice versa. PLS-SEM and PLS-MGA results were compared for two groups and valuable insights were extracted. For innovative firms, knowledge services seemed to be verified and processed by the decision makers and utilized to achieve their business performance. On the other hand, a large number of non-innovative firms seemed to have a stronger tendency to utilize knowledge services directly for their business without sufficient verification by the decision makers.

2016 ◽  
Vol 20 (07) ◽  
pp. 1650066 ◽  
Author(s):  
ALI MURAD SYED ◽  
ZAHID RIAZ ◽  
ABDUL WAHEED

The research and development (R&D) expenditure results in the innovation for any firm but affects the financial performance and riskiness of the firm at the same time. The relation among innovation, the riskiness of the firm and financial performance is discussed in this study. This study determined the impact of innovation on financial performance and also looked into the impact of innovation on riskiness of the firms. This study is conducted on the most innovative firms according to Forbes magazine over the period 1998–2012. Our findings show positive, significant and robust relationship between innovation and financial performance which is consistent with the existing literature. On the other hand, impact of innovation on riskiness is positive and significant which shows that more innovative firms are more riskier and ultimately profitability is increased for those firms.


2014 ◽  
Vol 108 (2) ◽  
pp. iii-ix

We introduce this issue with a thought. There has been much made of the need for our discipline to be “policy relevant,” and much ridicule has been directed at the Review recently that comments how little the Review offers that is relevant for decision makers. But what does it mean to be policy relevant? Generally, scholarly journals publish the best in basic research, which hopefully can be used by those in positions of authority to good effect. This often means that there are no catchy titles, nor opinion-editorial pieces that are so often portrayed as the model of policy relevant work. In our view, the role of the Review is to expand knowledge on important scholarly questions, not only to publish work that is currently popular or somehow ordained as useful by pundits. There is certainly a place for such work, but not in the pages of the Review. On the other hand, we as the editors of the Review understand the need to make the Review accessible to as broad an audience as possible, and we have made great efforts to do just that.


1995 ◽  
Vol 47 (4) ◽  
pp. 534-554 ◽  
Author(s):  
Kurt Taylor Gaubatz

This article argues that the problems identified in the literature on public choice should critically affect our research on public opinion and our understanding of the impact of public opinion on foreign policy. While a robust literature has emerged around social choice issues in political science, there has been remarkably little appreciation for these problems in the literature on public opinion in general and on public opinion and foreign policy in particular. The potential importance of social choice problems for understanding the nature and role of public opinion in foreign policy making is demonstrated through an examination of American public attitudes about military intervention abroad. In particular, drawing on several common descriptions of the underlying dimensionality of public attitudes on major foreign policy issues, it is shown that there may be important intransitivities in the ordering of public preferences at the aggregate level on policy choices such as those considered by American decision makers in the period leading up to the Gulf War. Without new approaches to public-opinion polling that take these problems into consideration, it will be difficult to make credible claims about the role of public opinion in theforeignpolicy process.


2018 ◽  
Vol 9 (2) ◽  
pp. 228-237
Author(s):  
Rizky Maulana Nurhidayat ◽  
Rofikoh Rokhim

This paper aims to addresses the impact of corruption, anti-corruption commission, and government intervention on bank’s risk-taking using banks in Asian Countries such as  Indonesia, Malaysia, Thailand, and South of Korea during the period 1995-2016. This paper uses corruption variable, bank-specific variables, macroeconomic variables, dummy variables and interaction variable to estimate bank’s risk-taking variable. Using data from 76 banks in Indonesia, Malaysia, Thailand and South Korea over 21 years, this research finds consistent evidence that higher level of corruption and government intervention in crisis-situation will increase the risk-taking behaviour of banks. In the other hand, bank risk-taking behaviour minimized by the existence of anti-corruption commission. In addition, this paper also finds that government intervention amplifies corruption’s effect on bank’s risk-taking behaviour because of strong signs of moral hazard and weaknesses in the governance and supervision.


Author(s):  
Nguyễn Ngọc Truyền ◽  
Trần Cao Úy ◽  
Nguyễn Viết Tuân

Nghiên cứu này xem xét vai trò của đa dạng sinh kế đến “năng lực chống chịu” của hộ khai thác thủy sản biển ven bờ bị ảnh hưởng bởi sự cố môi trường biển Formosa năm 2016. Năng lực chống chịu của hộ được thể hiện thông qua mức độ tác động của sự cố và sự phục hồi sau sự cố. Các hộ được chọn nghiên cứu là hộ khai thác thủy sản biển gần bờ tỉnh Thừa Thiên Huế gồm nhóm chuyên khai thác thủy sản (KTTS) không đa dạng và nhóm KTTS đa dạng sinh kế. Kết quả nghiên cứu cho thấy, thời gian ảnh hưởng của sự cố đến nhóm hộ chuyên KTTS dài hơn nhóm hộ KTTS đa dạng sinh kế. Mặc dù giá trị thiệt hại về thu nhập của nhóm hộ KTTS đa dạng sinh kế cao hơn (khoảng 307,53 triệu đồng), nhưng tỷ lệ thiệt hại so với thu nhập của nhóm hộ này thấp hơn so với nhóm hộ chuyên KTTS (107,1% so với 123,31%). Sau 30 tháng, nhóm KTTS đa dạng sinh kế có quá trình phục hồi tốt hơn với tỷ lệ giá trị thu nhập phục hồi khoảng 77,88%, cao hơn khoảng 10% so với nhóm còn lại. Đa dạng sinh kế của hộ KTTS được xem là yếu tố ảnh hưởng tích cực nâng cao năng lực chống chịu của hộ đối với sự cố môi trường và phục hồi các hoạt động sinh kế. ABSTRACT This study examined the role of livelihood diversity on the resilience capacity of coastal fishing households affected by the Formosa incident in 2016. The resilience capacity of househoulds was characterized by the impact level of the incident and post-incident recovery. The households selected in this study were nearshore fishing groups in Thua Thien Hue province, including two fishing groups of undiversified and diversified livelihood. The results showed that the impact duration of the incident on undiversified livelihood fishery group was longer than that on the diversified livelihood group. Although the value of income loss of the households group with diversification was higher (about 307.53 million VND), the rate of income loss of this group was lower than that of their counterparts (107.1% compared to 123.31%). After 30 months, the diversified livelihood group had better recovery with the proportion of income recovered at roughly 77.88%, about 10% higher than that of the other group. Diversified livelihood of fishing households was considered as the positive influence on improving their resilience to environmental incidents and restoration of livelihood activities.  


Author(s):  
Doina Stratu-Strelet ◽  
Anna Karina López-Hernández ◽  
Vicente Guerola-Navarro ◽  
Hermenegildo Gil-Gómez ◽  
Raul Oltra-Badenes

This chapter highlights the role of technology-based universities in public-private partnerships (PPP) to strengthen and deploy the digital single market strategy. Moreover, it analyzes how these collaboration channels have link knowledge management as a tool for sustainable collaboration. Given the need to establish collaboration channels with the private sector, according to Lee, it is critical to establish the impact of sharing sophisticated knowledge and partnering at the same time. This chapter wants to highlights two relevant aspects of PPP: on the one hand, the importance of integrating the participation of a technology-based university with three objectives: (1) the coordination, (2) the funding management, and (3) the dissemination of results; and the other hand, the participation private sector that is represented by agile agents capable to execute high-value actions for society. With the recognition of these values, the investment and interest of the projects under way are justified by public-private partnership.


2008 ◽  
Vol 54 (No. 8) ◽  
pp. 358-366 ◽  
Author(s):  
I. Ubrežiová ◽  
K. Wach ◽  
J. Horváthová

The main attention of the submitted paper is devoted to the comparison of development of entrepreneurship in Slovak and Polish small and medium-sized he enterprise sector. The conditions for blooming entrepreneurship are created in the national economy. Especially the role of SMEs in the transition economy, both in Slovakia and Poland, has the impact on SMEs. The entrepreneurship of small and medium-sized enterprises is extended in the whole Slovakia. From the viewpoint of the regional structure, most enterprises are located in the Bratislavský region (30.4%), Košický region (11.8%), Žilinský region (10.1%) and Trenčianský region (10.1%). On the other hand, the least of enterprises were registered in the Nitrianský region (8.9%), Trnavský region (9.2%) and Banskobystrický region (9.6%). Small and medium entrepreneurship is diversed throughout Poland. The average small and medium entreprenership ratio is 44.5, while the highest is in the Mazowieckie region – 55.2% and the lowest in the Podkarpackie region – 30 %. The supporting system for private entrepreneurship in both countries, Slovakia and Poland, is very similar and the entrepreneurs are satisfied with its offer and help.


2019 ◽  
Vol 14 (2) ◽  
pp. 411-431
Author(s):  
Benlu Hai ◽  
Qingzhu Gao ◽  
Ximing Yin ◽  
Jin Chen

Purpose Significant increase or decrease in research and development (R&D) expenditure may have an immense impact on market value. Based on the punctuated equilibrium theory, this paper aims to empirically analyze the impact of R&D volatilities on market value and the moderating effect of executive overconfidence. Design/methodology/approach The study uses the panel data set that covers 902 Shanghai and Shenzhen A-share manufacturing listed firms and multiple regression method to test the theoretical hypotheses. Findings The results show that both positive and negative R&D volatilities have a robust and significant positive impact on the market value. Further analysis shows that the executive overconfidence positively moderates the relationship between R&D volatilities and market value. Research limitations/implications In a rapidly changing and highly competitive environment, firms should recognize that the balance of innovation strategies will help to bring higher market value. Furthermore, firms could improve corporate governance to make the best of managerial characteristics, such as overconfidence, on the innovation decision-making process. Originality/value By pushing the static perspective to a dynamic perspective and empirically documenting the role of executive overconfidence, this study contributes to the literature on the relationship between R&D expenditure and market value, generating theoretical and practical insights for firms to improve innovation governance and innovation strategies to achieve better business performance.


2015 ◽  
Vol 10 (3) ◽  
pp. 147-157 ◽  
Author(s):  
Christian Năsulea ◽  
Beatrice Nicolle Crețu ◽  
Diana Florentina Spînu

Abstract Although new sanctions have been imposed, to varying degrees, on Russia since the debut of the Crimean crisis, few experts are taking the chance of publishing an assessment of the impact these sanctions will have on Russia or the European Union. On one hand, the complexity of the variables involved makes it extremely difficult to predict the outcome of said sanctions; on the other hand, an accurate assessment would make an invaluable tool in the hands of decision makers, no matter if their decisions are made with regards to foreign policy, public policy or the daily business of private companies. This article sets out to examine the context, some of the variables involved and some of the forecasts that have been put forward by various experts, while trying to provide a simplified model for assessing the impact of sanctions enacted by the EU on its own economy.


Legal Studies ◽  
2002 ◽  
Vol 22 (4) ◽  
pp. 602-624 ◽  
Author(s):  
Erika Rackley

This paper reconsiders images of the judge and, in particular, the position of the woman judge using fairy tale and myth. It begins by exploring the actuality of women's exclusion within the judiciary, traditional explanations for this and the impact of recent changes. It goes on to consider the image of the Herculean judge, arguing that whilst we may view him as an ideological construct, or even as a fairy tale, we routinely deny this to ourselves and to others. This both ensures the normative survival of Hercules and simultaneously constrains counter-images of judges, including that of the woman judge, who becomes almost a contradiction in terms, faced with the need to shed her difference and fit the fairy tale. Like the little mermaid, the woman judge must trade her voice for partial acceptance in the prince's world.This image of silencing which Andersen's tale so vividly captures highlights a paradox in current discourses of adjudication. On the one hand, women judges are viewed as desirable in order to broaden the range of perspectives on the bench, thus making the judiciary more representative; on the other hand, judges are supposed to be without perspective, thus suggesting there is little need for a representative judiciary. Feminists and other commentators negotiate their way uncomfortably through this territory, acknowledging a gender dimension to adjudication, but failing fully to confront its implications. This paper seeks to ‘undress’ the judge, to flush out images of adjudication which deter or prevent women from joining the judiciary and constrain their potential within it. It highlights both the role of the imagination in existing conceptions of adjudication and the increasing necessity for a re-imagined Hercules – an alternative understanding of the judge which women and other groups currently underrepresented on the bench can comfortably and constructively occupy.


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