Showing papers on "R&D intensity published in 2005"
TL;DR: In this paper, the authors show that R&D intensity became a positive predictor for changes in outsourcing levels over the 1990s, suggesting that firms in R-D intensive industries increasingly started to rely on partnership relations with outside suppliers.
179 citations
TL;DR: In this article, the authors present a comparative perspective of the pattern of technological innovations carried out by small enterprises in the engineering industry in Bangalore of India and Northeast En land of the UK.
99 citations
TL;DR: In this article, the authors examine whether auditor choice is associated with a particular discretionary expenditure -research and development (R&D) and find that R&D intensity is positively associated with firms' choices of auditors who specialize in auditing research and development contracts.
Abstract: The audit fee research literature argues that auditors' costs of developing brand name reputations, including top-tier designation and recognition for industry specialization, are compensated through audit fee premiums. Audited firms reduce agency costs by engaging high-quality auditors who monitor the levels and reporting of discretionary expenditures and accruals. In this study we examine whether specialist auditor choice is associated with a particular discretionary expenditure - research and development (R&D). For a large sample of U.S. companies from a range of industries, we find strong evidence that R&D intensity is positively associated with firms' choices of auditors who specialize in auditing R&D contracts. Additionally, we find that R&D intensive firms tend to appoint top-tier auditors. We use simultaneous equations to control for interrelationships between dependent variables in addition to single-equation ordinary least squares (OLS) and logistic regression models. Our results are particularly strong in tests using samples of small firms whose auditor choice is not constrained by the need to appoint a top-tier auditor to ensure the auditor's financial independence from the client.
69 citations
TL;DR: In this article, a simple alternative measure of R&D intensity is proposed to measure the distortion of output figures due to the manipulation of transfer prices, which can lead to a substantial distortion of the output figures.
57 citations
TL;DR: In this article, the authors explored the relationship between the price elasticity of demand and the R&D intensity of the product and showed that sectors with a higher intensity show a lower elasticity.
Abstract: Summary This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard DixitStiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors with a higher R&D intensity show a lower price elasticity of demand. This proposition is confirmed by an empirical investigation of export demand for manufactured goods from major industrialised countries. Consequently, real exchange rate changes have an impact on the commodity structure of exports.
6 citations
Journal Article•
TL;DR: In this article, the authors provide evidence showing that collaborative agreements in the IT industry contribute to decrease the R&D intensity of the largest firms, particularly for acquisitions (as opposed to alliances, consortia and joint ventures) and for the mixed agreements.
Abstract: This paper provides evidence showing that collaborative agreements in the IT industry contribute to decrease the R&D intensity of the largest firms This is particularly true for acquisitions (as opposed to alliances, consortia and joint ventures) and for the mixed agreements (ie with a sales, marketing and technological content)
1 citations