The cost of innovation: R&D and high cash holdings in Taiwan biotechnology industry

碩士 === 國立東華大學 === 財務金融學系 === 105 === We examine whether the R&D investment influences firms’ cash holdings at Taiwan exchange-listed biotechnology firms. Our paper indicates three findings: first, R&D investment is significantly positively correlated with biotechnology firms’ cash holdings....

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Bibliographic Details
Main Authors: Chun-Wen Chen, 陳俊文
Other Authors: Yu-Jen Hsiao
Format: Others
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/ae7m67