The Effect of Firm Life Cycle on the Relationship between R&D Expenditures and Future Performance, Earnings Uncertainty, and Sustainable Growth
R&D investment can reduce costs through efficient production technology, which has a positive (+) impact on future performance. On the other hand, R&D investment has uncertainty due to characteristics such as time lag, high cost and non-appropriability. We examine whether the effects...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2019-04-01
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| Series: | Sustainability |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2071-1050/11/8/2371 |