한국 KOSDAQ 벤처기업의 연구개발 투자와 특허가 기업가치에 미치는 영향

• 영문명: The Impacts of R&D Investment and Patent right on Values of KOSDAQ Venture Firms
• 발행기관: 한국무역연구원
• 저자명: 전호진(Ho-Jin Jeon) 박영태(Young-Tae Park)
• 간행물 정보: 『무역연구』제6권 제2호, 107~132쪽, 전체 26쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2010.06.30

영문 초록

This paper empirically studies the relationship between R&D investments and firms' value in venture firms. We found the following interesting results. First, we have found that positive relation between R&D intensity ratio and tobin'Q, such findings depend on an existing research, we can conjecture that invests perceived intangible asset rather than expenses. Second, the R&D investments are positively related to sales but we could't find significant results between R&D investments and ROE. In this results, we can conjecture that lastly firms focus on capital efficiency management, such a firms R&D intensity ratio incur high sales. Lastly, from the t-test as to whether there is a difference between patent right firms and other firms in terms of impacts on firm values and sales, but we could't find significant results.

목차

Abstract

Ⅰ. 서론

Ⅱ. 선행연구

Ⅲ. 연구자료, 실증분석 모형 및 가설의 설계

Ⅳ. 실증분석 결과

Ⅴ. 요약 및 결론

참고문헌

키워드

R&D investments Patent right Firms value Tobin'Q Venture Firms