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EFFECTS OF PROFITABILITY AND LIQUIDITY ON R&D INTENSITY: JAPANESE AND U.S. COMPANIES COMPARED.

Greg Hundley1; Carol K. Jacobson2; Seung Ho Park3

1 Xavier University · 2 University of Cincinnati · 3 3University of Texas at Dallas

Academy of Management Journal 1996

This study investigates the proposition that Japanese companies have a greater propensity than U.S. companies to sustain commitment to R&D in the face of fluctuating profits and liquidity. The anal...

DOI
10.2307/257073
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