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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Format: | Others |
Published: |
2017
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Online Access: | http://ndltd.ncl.edu.tw/handle/ae7m67 |