The Impact of a Technological Shift on the R&D to Corporate Performance Relationship: A Case Study in the Automotive Industry
Purpose: This paper aims to determine if the relationship between R&D and future firm performance changes once there is a shift in technology. Methodology: Econometric inference, Pooled OLS, hypothesis testing. Empirical foundation: Sample set comprised of companies within the automotive industry between 2001 and 2016. Conclusion: Positive contribution of R&D on future firm performance,