IDEAS home Printed from https://ideas.repec.org/a/iif/iifjrn/v25y2010i289p29-45.html
   My bibliography  Save this article

Modeling R&D investment decision of ISE listed firms: A sample selection approach

Author

Listed:
  • Yeşim ÜÇDOĞRUK

    (Dokuz Eylül Üniversitesi)

Abstract

There are a large number of studies on the drivers of R&D investment, only a few of them deal with “selection bias” problem resulting from performers not being a random sample from the population of firms. As most of the firms especially in developing countries like Turkey , due to market failures and underdeveloped financial markets, do not invest in R&D support policies that induce them to overcome this first obstacle also play a critical role. This paper studies the drivers of R&D activities in non-financial firms listed at Istanbul Stock Exchange by using a panel data at the establishment level for the 1998-2007 periods. Our findings suggest that although SMEs are less likely to conduct R&D, they spend proportionally more on R&D than the LSEs. Moreover, public support has a strong effect in raising R&D intensity of R&D performers.

Suggested Citation

  • Yeşim ÜÇDOĞRUK, 2010. "Modeling R&D investment decision of ISE listed firms: A sample selection approach," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 25(289), pages 29-45.
    • Handle: RePEc:iif:iifjrn:v:25:y:2010:i:289:p:29-45
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    R&D; Public support; Sample selection;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iif:iifjrn:v:25:y:2010:i:289:p:29-45. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ali Bilge (email available below). General contact details of provider: http://iif.com.tr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.