Date of Award
2023
Document Type
Dissertation
Publication Status
Version of Record
Submission Date
October 2026
Thesis/Dissertation Advisor [Chair]
Kohlbeck, Mark
Abstract
I examine the importance of corporate scientific research. It is crucial to understand the role of corporate scientific research because such a knowledge could form an appropriate response to the current decline of corporate scientific research amidst the evolving innovation ecosystem featured with growing university research and tech companies’ research. R&D is often treated as a single construct in accounting and finance research for firm innovation. However, corporate scientific research (“R”) has different implications for firm innovations, “R” creates new knowledge, and reduced investment in "R" may lead to a loss of internal research capability, disrupting the speed and quality of innovation. As such, it is necessary and meaningful to examine "R" separately from "R&D." Historically, corporate scientific research has played an important role in driving breakthrough innovations. Beginning in the 1980s, there has been a decline in corporate scientific research in favor of university research and tech companies’ research. Consequently, this raises a question: if corporate scientific research was important, is it still important? This is a fundamental question because if corporate scientific research is still important, declining or even stagnant corporate scientific research would present an issue of concern for firms and the economy.
Extent
137 p.
Recommended Citation
HuangFu, JiangBo, "Is Corporate Scientific Research Still Important? A Study of Corporate Scientific Research, Future Profitability, and Cost of Capital" (2023). Electronic Theses and Dissertations 2020 - Present. 1220.
https://digitalcommons.fau.edu/etd_general/1220
Identifier
FA00014235
Comments
Includes bibliography.|Dissertation (PhD)--Florida Atlantic University, 2023.|FAU Electronic Theses and Dissertations Collection|Includes bibliography.