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Abstract
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Article Information:
Effects of R&D Expenditure on the Profitability of Iran Industrial Firms
Mahnaz Rabiei and Hamideh Dadkhah
Corresponding Author: Mahnaz Rabiei
Submitted: January 16, 2013
Accepted: February 18, 2013
Published: April 12, 2014 |
Abstract:
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This study estimates returns to Research and Development (R&D) Iranian industries. We use a panel data set of Iranian two-digit ISIC manufacturing industries, over the period 2001-2009. The results show that R&D expenditure has a positive and significant effect on profitability. The result shows the great influence of R&D expenditure on profitability of this sector. In other words, these sorts of expenditure have been main effects in increasing the profitability of these industries. We also find that advertisement expenditure and market concentration is an effective factor on profitability.
Key words: Iranian industries, panel data, profitability, research and development expenditures, , ,
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Cite this Reference:
Mahnaz Rabiei and Hamideh Dadkhah, . Effects of R&D Expenditure on the Profitability of Iran Industrial Firms. Research Journal of Applied Sciences, Engineering and Technology, (14): 2846-2850.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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