20.500.12556/RUL-125573 The impact of R&D expenditures on corporate performance evidence from Slovenian and world R&D companies Research and development (R&D) investment is widely recognised as one of the crucial elements of generating the competitive advantage of contemporary companies. At the same time, it is also considered to represent one of the key determinants of overall sustainable development. Global competition, which is becoming increasingly harsh and forces companies to provide value-added products, processes and services, constitutes a reason why R&D investment is indispensable in contemporary business operations as they facilitate keeping the companies' position in the market in terms of their competitiveness. The main aim of this paper is therefore to examine the impact of R&D expenditures on corporate performance. Using a multiple regression analysis, two different panel datasets covering Slovenian and world R&D companies are analysed. This gives a unique opportunity to obtain comprehensive and interesting findings, representing the main originality and value of the paper. The empirical results reveal that R&D expenditures are not effective in the short-term period and bring certain benefits in the long-term period. The findings of this paper provide several important theoretical and practical implications. R&D expenditures operating performance market performance multiple regression analysis Slovenia OECD izdatki za raziskave in razvoj uspešnost poslovanja tržna učinkovitost regresijska analiza panelnih podatkov Slovenija OECD true false true Angleški jezik Slovenski jezik Članek v reviji 2021-03-26 06:45:14 2021-03-26 06:45:17 2022-09-05 03:51:27 0000-00-00 00:00:00 2020 0 0 20 str. iss. 5, art. 1943 Vol. 12 2020 0000-00-00 Zaloznikova Objavljeno apc 0000-00-00 0000-00-00 0000-00-00 33 2071-1050 10.3390/su12051943 5406894 RAZ_Ravselj_Dejan_2020.pdf RAZ_Ravselj_Dejan_2020.pdf 1 7A94C4E9CE2D3FFB614081499A610877 4a544fd38458d0bd5626590f52b2246c12c4aecc5fb714a35411a53d7bd80bce bd04038a-a1bb-11eb-a523-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=141350 https://www.mdpi.com/2071-1050/12/5/1943 1 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=141349 Fakulteta za upravo 0 0 0