Main Article Content
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Ayaydin, H., & Karaaslan, I. (2014). The Effect of Research and Development Investment on Firms’ Financial Performance: Evidence from Manufacturing Firms in Turkey. The Journal of Knowledge Economy & Knowledge Management (Bilgi Ekonomisi ve Yönetimi Dergisi). 9(1), 23-39.
Awokuse, T. O. (2003). Is the Export-Led Growth Hypothesis Valid For Canada? Canadian Journal of Economics. 36(1), 126-136.
Chen, P. C., Chan, W. C., Hung, S. W., Hsiang, H. J., & Wu., L. C. (2016). Do R&D Expenditures Matter More Than Those of Marketing to Company Performance? The Moderating Role of Industry Characteristics and Investment Density. Technology Analysis & Strategic Management. 28(2), 205-216.
Chumaidiyah, E. (2012). The Technoloji, Technical Skill, and R&D Capability in Increasing Profitability on Indonesia Telecommunication Services Companies. Procedia Economics and Finance. 4, 110-119.
Coombs, E. J., & Bierly, P. E. (2006). Measuring Technological Capability and Performance. R & D Management. 36(4), 421-438.
Dickey, D. A., & Fuller, W. A. (1981). Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root‛, Econometrica, 49(4), 1057-1072.
European Commission. (2015). “The 2015 EU Industrial R&D Investment Scoreboard”, Online: http://iri.jrc.ec.europa.eu/scoreboard15.html Accessed on 12th Dec. 2016.
Gergerli, A. (2015). Türkiye ve AB Ülkelerindeki Ar-Ge ve Yenilikçilik Verilerinin Kıyaslaması ve Analizi. Anahtar. TC. Bilim, Sanayi ve Teknoloji Bakanlığı Yayını. 27(319), 11.
Ghaffar, A., & Khan, W. A. (2014). Impact of Research and Development on Firm Performance. International Journal of Accounting and Financial Reporting. 4(1), 357-367.
Granger C. W. J. (1988). Some recent developments in the concept of causality‛. Journal of Econometrics. 39, 199-211.
Hajiheydari, A., Dastgir, M., & Soltani, A. (2011). The Effect of Research and Development Costs on the Profitability of Pharmaceutical Companies. Interdisciplinary Journal of Contemporary Research in Business. 3(8), 914-918.
Jin, X., Lei, G., & Yu, J. (2016). Goverment Governance, Executive Networks and Enterprise R&D Expenditure. China Journal of Accounting Research. 9, 59-81.
Nunes, P. M., & Serrasqueiro, Z. (2015). Profitability Determinants of Portuguese Knowledge-Intensive Business Services: Empirical Evidence Using Panel Data Models. Applied Economics Letters. 22(1), 51-56.
Ozturk, E., & Zeren, F. (2015). The Impact of R&D Expenditure on Firm Performance in Manufacturing Industry: Further Evidence From Turkey. International Journal of Economics and Research. 6(2), 32-36.
Rao, J., Yu, Y., & Cao, Y. (2013). The Effect That R&D Has on Company Performance: Comparative Analysis Based on Listed Companies of Technique Intensive Industry in China and Japan. International Journal of Education and Research. 1(4), 1-8.
Shin, N., Kraemer, K. L., & Dedrick, J. (2009). R&D, Value Chain Location and Firm Performance in the Global Electronics Industry. Industry and Innovation. 16(3), 315-330.
Statista. Online: http://www.statista.com/statistics/309466/global-r-and-d-expenditure-for-pharmaceuticals/
Thomson Reuters. (2015). “2015 CMR International Pharmaceutical R&D Executive Summary”. Online: http://cmr.thomsonreuters.com/pdf/Executive_Summary_Final.pdf Accessed on 13rd Dec. 2016.
VanderPal, G. A. (2015). Impact of R&D Expenses and Corporate Financial Performance. Journal of Accounting and Finance. 15(7), 135-149.
Vithessonthi, C., & Racela, O. C. (2015). Short-and Long-Run Effects of Internationalization and R&D Intensity on Firm Performance. Journal of Multinational Financial Management. 34, 28-45.
Voulgaris, F., & Lemonakis, C. (2014). Competitiveness and Profitability: The Case of Chemicals, Pharmaceuticals and Plastics. The Journal of Economic Asymmetries. 11, 46-57.
Warusawitharana, M. (2015). Research and Development, Profits, and Firm Value: A Structural Estimation. Quantitative Economics. 6, 531-565.
Xu, J., & Jin, Z. (2016). Research on the Impact of R&D Investment on Firm Performance in China's Internet of Things Industry. Journal of Advanced Management Science. 4(2), 112-116.