Since 2014
R&D Expenditures, New Product Introductions, and Sales Performance with Application to the Furniture Industry
International Journal of Operations and Logistics Management
View Archive Info| Field | Value | |
| Title |
R&D Expenditures, New Product Introductions, and Sales Performance with Application to the Furniture Industry
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| Creator |
Kazan, Halim; Department of Operational Research, Gebze Institute of Technology, Gebze Kampüsü, Kocaeli,
Baydar, Mevlüt; Department of Operational Management, Gebze Instiute of Technology, Gebze Kampüsü, Kocaeli |
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| Subject |
Research and Development (R&D) Expenditures, New Product Introductions, Sales Growth, Furniture Industry, Financial Measures
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| Description |
Research and Development, new product introduction are considered as important determinants of overall company performance and most firms allocate great share to these activities from their budget. Recent studies show that firms with sound R&D strategies are performing better than those with no consistent R&D strategies. On the other hand, unless companies offer new and innovative products, they feel in price competition. Therefore new product introduction and R&D activities emerge as competitive tool to distinguish companies from its competitors. Purpose of this study is to examine how new product introduction and R&D activities influence firm’s performance as measured sales growth with application to the furniture industry. A model developed and analyzed using Lisrel software, and results yield that both new product introduction and R&D have positive effect on performance.
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| Publisher |
Academy of Business & Scientific Research
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| Contributor |
—
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| Date |
2014-03-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://absronline.org/journals/index.php/ijolm/article/view/150
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| Source |
International Journal of Operations and Logistics Management; Vol 3, No 1 (2014): March; 30-41
2309-8023 2310-4945 |
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| Language |
eng
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| Relation |
http://absronline.org/journals/index.php/ijolm/article/view/150/171
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| Rights |
Copyright (c) 2014 International Journal of Operations and Logistics Management
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