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- W3208419710 abstract "This paper examines the effect of managerial ability on the relationship between R&D spending and financial performance at high-technology firms. Since R&D activities are more critical for innovation at high-technology firms than at low-technology firms, high-ability managers at technology firms are expected to manage R&D spending effectively in order to improve firms’ financial performance. The analysis of Korean firms’ operating income and valuation over the past decade shows that managerial ability strengthens the association between R&D spending and financial performance at high-technology firms but not at low-technology firms. These findings clarify the interplay between managerial qualities and firms’ innovation processes at driving firms’ performance." @default.
- W3208419710 created "2021-11-08" @default.
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- W3208419710 date "2021-09-30" @default.
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- W3208419710 title "Managerial Ability and Financial Outcomes of R&D Spending at Korean High-Technology Firms" @default.
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- W3208419710 doi "https://doi.org/10.37793/itpr.28.3.3" @default.
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