Productivity Growth and R&D Expenditure in Taiwan's Manufacturing Firms

Published: May 1, 2003
Abstract
This study sets out to estimate the impact of R&D on productivity within the private sector, with further analysis of the different impacts of R&D in high-tech and conventional firms. The study also aims to estimate the rates of return on R&D investment and total factor productivity at firm level. Based on a sample of 136 large manufacturing firms listed on the Taiwan Stock Exchange over the period 1994-2000, our findings suggest that Taiwan's...
Paper Details
Title
Productivity Growth and R&D Expenditure in Taiwan's Manufacturing Firms
Published Date
May 1, 2003
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