The impact of research and development expenditure on firm performance and firm value: evidence from a South Asian emerging economy

What is it about?

The main purpose of the study is to analyze the impact of R&D expenditure on firm performance and firm value in an emerging economy. All the empirical results from different models found significant and positive association of R&D expenditure with firm performance and firm value. The study also validates that all results are robust and free from outliers and multicollinearity issues. The outcomes of the study will enable the entrepreneurs, managers, investors and policymakers with more confidence to invest in R&D expenditure that will also ensure the organizational sustainability in the long run.

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