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|Title:||The impact of R&D on value added for domestic and foreign firms in a newly industrialized economy|
|Keywords:||Newly industrialized economy|
|Citation:||Tsang, E.W.K., Yip, P.S.L., Toh, M.H. (2008-08). The impact of R&D on value added for domestic and foreign firms in a newly industrialized economy. International Business Review 17 (4) : 423-441. ScholarBank@NUS Repository. https://doi.org/10.1016/j.ibusrev.2008.02.005|
|Abstract:||This study compares the impact of R&D on value added between domestic and foreign firms in Singapore. The analysis is based on a comprehensive panel database from 1993 to 1999 provided by the Singapore Government. Our results found that R&D investments of foreign firms generated higher value added than those of domestic firms, and that the difference in value added contributed by R&D was moderated by the type of R&D and the technological level of industry. The study supports the argument that the ownership advantages possessed by foreign firms, relative to domestic firms, have positive effects on R&D performance. © 2008 Elsevier Ltd. All rights reserved.|
|Source Title:||International Business Review|
|Appears in Collections:||Staff Publications|
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