On R&D Investment
The paper presents a theoretical model of R&D (Research and Development) investment and extensively studies the expensing policy of the development-related costs. Basing itself on an analytical discussion as well as a study of the optimal rate of expensing, the paper shows that a firm’s R&D investment policy and expensing-related costs are influenced by a set of variables; inter alia the stock market effects and corporate income tax rates. Interest rates, tax rates, marginal production costs, stock market indices and the speed of development benefits’ revelation, would also alter the firm’s disclosure and innovation policies conspicuously.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" 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.
Volume (Year): VI (2008)
Issue (Month): 2 (May)
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:icf:icfjme:v:06:y:2008:i:2:p:54-68. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty)
If references are entirely missing, you can add them using this form.