Exploring R&D Influences on Financial Performance for Business Sustainability Considering Dual Profitability Objectives
AbstractThe importance of research and development (R&D) for business sustainability have gained increasing interests, especially in the high-tech sector. However, the efforts of R&D might cause complex and mixed impacts on the financial results considering the associated expenses. Thus, this study aims to examine how R&D efforts may influence business to improve its financial performance considering the dual objectives: the gross and the net profitability. This research integrates a rough-set-based soft computing technique and multiple criteria decision-making (MCDM) methods to explore this complex and yet valuable issue. A group of public listed companies from Taiwan, all in the semiconductor sector, is analyzed as a case study. More than 30 variables are considered, and the adopted soft computing technique retrieves 14 core attributes—for the dual profitability objectives—to form the evaluation model. The importance of R&D for pursuing superior financial prospects is confirmed, and the empirical case demonstrates how to guide an individual company to plan for improvements to achieve its long-term sustainability by this hybrid approach. View Full-Text
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Shen, K.-Y.; Yan, M.-R.; Tzeng, G.-H. Exploring R&D Influences on Financial Performance for Business Sustainability Considering Dual Profitability Objectives. Sustainability 2017, 9, 1964.
Shen K-Y, Yan M-R, Tzeng G-H. Exploring R&D Influences on Financial Performance for Business Sustainability Considering Dual Profitability Objectives. Sustainability. 2017; 9(11):1964.Chicago/Turabian Style
Shen, Kao-Yi; Yan, Min-Ren; Tzeng, Gwo-Hshiung. 2017. "Exploring R&D Influences on Financial Performance for Business Sustainability Considering Dual Profitability Objectives." Sustainability 9, no. 11: 1964.
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