Analysis of the correlation between the companies’ investment in research, development and profitability, and the countries’ competitiveness and innovation capability

Authors

DOI:

https://doi.org/10.20397/2177-6652/2020.v20i3.1944

Keywords:

Research and Development, Competitiveness, Innovation, Profitability

Abstract

This study aims at analyzing the correlation between R&D investment percentage and the companies’ profitability percentage with the countries’ innovation competitiveness and capability scores. It also aims at identifying whether the companies which invest the most in R&D and the most profitable ones are located in countries with the highest levels of competitiveness and innovation capability. The indexes of R&D investment and companies’ profitability were extracted from the 2018 EU Industrial R&D Investment Scoreboard issue, and the scores for the countries’ competitiveness and innovation capability were extracted from the 2018 Global Competitiveness Report. The correlation between the variables were analyzed with the use of i) two-way ANOVA, to check the influence of two different categorical independent variables; ii) Tukey’s post-hoc test, to identify the position of the meaningful differentials. Four hypotheses were raised to analyze the interest correlations. After applying ANOVA in the correlations, it was possible to see that none of them were statistically significant. This study’s finding showed that the companies which invest the most in R&D and the most profitable ones are not necessarily located in countries that are the most competitive and which have the highest innovation capability scores, which goes against some studies that stated that company innovations are important for the development of the country where they are located. The fact the hypotheses were not confirmed makes the study relevant, for it confirms that new studies on companies’ innovation and competitiveness in the countries must be carried out.

Author Biographies

Ana Lucia Brenner Barreto Miranda, Universidade Federal Rural do Semi Árido

Doutoranda em Administração pela Universidade Potiguar (UNP/RN). PositivMestrado em Administração pela Universidade Federal do Rio Grande do Norte. Graduação em Administração Rural pela Faculdades Positivo. Professora efetiva da Universidade Federal Rural do Semi-Árido (UFERSA), Brasil.

Cristine Hermann Nodari, Universidade Potiguar - UNP

Pós-Doutorado em Inovação pelo Programa Nacional de Pós-Doutorado da Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (PNPD/CAPES). Doutora em Administração pela Pontifícia Universidade Católica do Rio Grande do Sul (PUCRS), Brasil e pela Universidade de Caxias do Sul (UCS) Brasil, Bolsista do Programa de Suporte à Pós-Graduação de Instituições de Ensino Particulares da Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (PROSUP/CAPES). Mestra em Administração pela Universidade de Caxias do Sul (UCS), Brasil. Especialista em Gestão Empresarial pela Fundação Getúlio Vargas (FGV) Brasil. Graduação em Administração pela Universidade do Vale do Rio dos Sinos (UNISINOS). Principais temas de interesse e linhas de pesquisa: Inovação: Competitividade e Mercado

 

Liana Holanda Nepomuceno Nobre, Universidade Federal Rural do Semi Árido

Doutorado em Administração pela Pontifícia Universidade Católica do Paraná, Brasil. Professora Adjunta da Universidade Federal Rural do Semiárido (UFERSA), Brasil. Ensina métodos quantitativos e finanças corporativas, e lidera um projeto de pesquisa em avaliação de riscos com estudantes de graduação e pós-graduação. Seus interesses de pesquisa são decisões de financiamento e de financiamento, sob a perspectiva das finanças comportamentais. 

Serje Schmidt, Universidade Feevale

Doutor em Economía de L'empresa pela Universitat de Les Illes Balears, Espanha e um segundo doutorado em Administração na UNISINOS, Brasil. Professor titular do Mestrado Acadêmico em Administração da Universidade Feevale, Brasil.

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Published

2020-09-11

How to Cite

Miranda, A. L. B. B., Nodari, C. H., Nobre, L. H. N., & Schmidt, S. (2020). Analysis of the correlation between the companies’ investment in research, development and profitability, and the countries’ competitiveness and innovation capability. Journal of Management & Technology, 20(3), 35–58. https://doi.org/10.20397/2177-6652/2020.v20i3.1944

Issue

Vol. 20 No. 3 (2020): Julho/Setembro

Section

ARTIGO

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