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• W48342473 abstract "This paper examines the relationships between market structure and the optimal timing of R&D investment by using firm-level data of the U.S. manufacturing industry. In addition, this paper analyzes the effects of firm resources, such as firm size, liquidity constraint, and R&D expenditure on the optimal timing of investment. The empirical results show that when the market is more competitive, it is optimal to delay the property investment of uncertain projects and to accelerate introduction of product into the market. However, a firm's debt to equity ratio is not significantly related to the firm's investment timing decision." @default.
• W48342473 created "2016-06-24" @default.
• W48342473 creator A5010166639 @default.
• W48342473 date "2007-01-01" @default.
• W48342473 modified "2023-10-14" @default.
• W48342473 title "Strategic Acceleration and Delay: Evidence on Optimal Timing of R&D Investment" @default.
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• W48342473 doi "https://doi.org/10.2139/ssrn.982764" @default.
• W48342473 hasPublicationYear "2007" @default.
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