J. Lee, K. Whang and E. H. Hall Jr., “A Comparative Approach to the Strategic Impact of R&D and Export Activity on Firm Economic Performance in Small Business Firms: U.S., Japan and Korea,” ICSB World Conference Proceedings, Washington DC, 21-24 June 2009, pp. 1-16.

has been cited by the following article:

• TITLE: The Effect of R&D Investment on Firms’ Financial Performance: Evidence from the Chinese Listed IT Firms

  AUTHORS: Zhaohui Zhu, Feng Huang

  KEYWORDS: R&D; ROE; IT firms

  JOURNAL NAME: Modern Economy, Vol.3 No.8, December 31, 2012

  ABSTRACT: Technological innovation by R&D is at the core of business strategy for firms to compete in the competitive market. This paper tests the correlation between firms R&D investment intensity and the one-year lagged performance of Chinese Listed IT firms, and suggests that firms with an intensive investment strategy in R&D will have significantly larger financial performances in the following year.