INVESTMENT IMPACT ON THE COMPANY'S INNOVATIVE CAPACITY
Keywords:
Innovation, Innovative capacity, Business performance.Abstract
Investment in Research and Development (R & D) can contribute to the formation of innovative capacity in the company. The purpose of this article is to identify the relationship between R & D and sales revenues. Therefore, it seeks verification that the investment in innovation maintains relationship with the firm's innovative capacity and the contribution of investment in R & D to sales performance of the company. It uses documentary research with statistical tests using financial variables that may provide insight to the study of the relationship between R & D and innovation performance of the company. The study results show direct and positive correlations between time series of investments in R & D and sales receipts, observing the time lags between events recorded in the financial statements of the companies considered in the search.
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