Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/30480
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGrant, Kevinen_UK
dc.contributor.authorMatousek, Romanen_UK
dc.contributor.authorMeyer, Martinen_UK
dc.contributor.authorTzeremes, Nickolaos G.en_UK
dc.date.accessioned2019-11-20T01:01:57Z-
dc.date.available2019-11-20T01:01:57Z-
dc.date.issued2020-10-17en_UK
dc.identifier.urihttp://hdl.handle.net/1893/30480-
dc.description.abstractSet within the expenditure context of the global financial crisis (GFC), this paper explores how the research and development (R&D) expenditures of biotechnology and pharmaceutical companies affect their technical efficiency levels. A balanced panel of 149 US firms operating in the biotechnology and pharmaceutical sector (covering the period 2000–2017) was employed. Output-oriented partial frontier measures were used to measure the effect of R&D expenditure on firms’ technical efficiency levels. Findings suggest that company efficiency is an important contributor on the effects of R&D on productivity and efficiency. Result suggests that a relationship between technical efficiency and R&D expenditure exhibits a ‘U’-shape relationship. The estimated efficiency of biotechnology firms is higher compared to pharmaceutical firms driven by their higher R&D expenditure levels. We demonstrate that R&D expenditures are essential for firm efficiency. We posit that a threshold level for achieving optimal efficiency levels exist, which can be used to inform managerial and policy-making decisions at the firm level.en_UK
dc.language.isoenen_UK
dc.publisherInforma UK Limiteden_UK
dc.relationGrant K, Matousek R, Meyer M & Tzeremes NG (2020) Research and development spending and technical efficiency: evidence from biotechnology and pharmaceutical sector. International Journal of Production Research, 58 (20), pp. 6170-6184. https://doi.org/10.1080/00207543.2019.1671623en_UK
dc.rights[Grant-etal_InJrnlProdResearch_v12_R_R1_Oct_2018.pdf] This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is an Accepted Manuscript of an article published by Taylor & Francis Group in International Journal of Production Research on 30 Sep 2019, available online: http://www.tandfonline.com/10.1080/00207543.2019.1671623.en_UK
dc.rights[Research and development spending and technical efficiency evidence from biotechnology and pharmaceutical sector.pdf] The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.subjectR&D efficiencyen_UK
dc.subjecttechnologyen_UK
dc.subjectinnovationen_UK
dc.subjectdata envelopment analysisen_UK
dc.subjectUS biotechnology and pharmaceutical firmsen_UK
dc.titleResearch and development spending and technical efficiency: evidence from biotechnology and pharmaceutical sectoren_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2020-10-01en_UK
dc.rights.embargoreason[Research and development spending and technical efficiency evidence from biotechnology and pharmaceutical sector.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.rights.embargoreason[Grant-etal_InJrnlProdResearch_v12_R_R1_Oct_2018.pdf] Publisher requires embargo of 12 months after formal publication.en_UK
dc.identifier.doi10.1080/00207543.2019.1671623en_UK
dc.citation.jtitleInternational Journal of Production Researchen_UK
dc.citation.issn1366-588Xen_UK
dc.citation.issn0020-7543en_UK
dc.citation.volume58en_UK
dc.citation.issue20en_UK
dc.citation.spage6170en_UK
dc.citation.epage6184en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.type.statusAM - Accepted Manuscripten_UK
dc.author.emailkevin.grant@stir.ac.uken_UK
dc.citation.date30/09/2019en_UK
dc.contributor.affiliationManagement, Work and Organisationen_UK
dc.identifier.isiWOS:000488180500001en_UK
dc.identifier.scopusid2-s2.0-85073934923en_UK
dc.identifier.wtid1464605en_UK
dc.contributor.orcid0000-0002-6938-3404en_UK
dc.date.accepted2019-09-16en_UK
dcterms.dateAccepted2019-09-16en_UK
dc.date.filedepositdate2019-11-19en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionAMen_UK
local.rioxx.authorGrant, Kevin|en_UK
local.rioxx.authorMatousek, Roman|en_UK
local.rioxx.authorMeyer, Martin|en_UK
local.rioxx.authorTzeremes, Nickolaos G.|0000-0002-6938-3404en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2020-10-01en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||2020-09-30en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2020-10-01|en_UK
local.rioxx.filenameGrant-etal_InJrnlProdResearch_v12_R_R1_Oct_2018.pdfen_UK
local.rioxx.filecount2en_UK
local.rioxx.source1366-588Xen_UK
Appears in Collections:Management, Work and Organisation Journal Articles

Files in This Item:
File Description SizeFormat 
Research and development spending and technical efficiency evidence from biotechnology and pharmaceutical sector.pdfFulltext - Published Version1.73 MBAdobe PDFUnder Permanent Embargo    Request a copy
Grant-etal_InJrnlProdResearch_v12_R_R1_Oct_2018.pdfFulltext - Accepted Version1.02 MBAdobe PDFView/Open


This item is protected by original copyright



Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved https://creativecommons.org/publicdomain/zero/1.0/

If you believe that any material held in STORRE infringes copyright, please contact library@stir.ac.uk providing details and we will remove the Work from public display in STORRE and investigate your claim.