Why have R&D-intensive industries in Japan experienced a recent decline in performance? Evidence from panel data of listed firms in Japanese R&D-intensive industries
Previous studies show that the rate of return on research and development (R&D) capital is high. However, R&D-intensive industries in Japan have recently experienced a decline in performance. This study estimates the rate of return on R&D capital and physical capital as well as total fa...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2016-07-01
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| Series: | Journal of Business Economics and Management |
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| Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/2253 |