Ownership Structure and R&D Orientation in ICT Groups

Francesco Bogliacino; G. De Prato; D. Nepelski

doi:10.14208/ebr.2013.03.02.003

Ownership Structure and R&D Orientation in ICT Groups

Francesco Bogliacino, G. De Prato, D. Nepelski

Research output: Contribution to journal › Article

Abstract

In this paper we use the subset of ICT companies from the European R&D Investment Scoreboard to test the effect of change in the shareholders structure on the business orientation towards R&D. A change in one of the control participation for the business group is associated with a deepening of the R&D orientation. The effect is twice as large if the shareholder is a public institution or a risk-oriented financial institution. In the estimation, we address the role of heterogeneity by allowing for fat tails and asymmetry.

Original language	English
Pages (from-to)	164-178
Number of pages	15
Journal	Eurasian Business Review
Volume	3
DOIs	https://doi.org/10.14208/ebr.2013.03.02.003
Publication status	Published - 2013

Keywords

ICT
R&D
Ownership Structure

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.14208/ebr.2013.03.02.003

Cite this

@article{4077852c6c454bb09a2d623737ac833c,

title = "Ownership Structure and R&D Orientation in ICT Groups",

abstract = "In this paper we use the subset of ICT companies from the European R&D Investment Scoreboard to test the effect of change in the shareholders structure on the business orientation towards R&D. A change in one of the control participation for the business group is associated with a deepening of the R&D orientation. The effect is twice as large if the shareholder is a public institution or a risk-oriented financial institution. In the estimation, we address the role of heterogeneity by allowing for fat tails and asymmetry.",

keywords = "ICT, R&D, Ownership Structure, ICT, R&D, Ownership Structure",

author = "Francesco Bogliacino and {De Prato}, G. and D. Nepelski",

year = "2013",

doi = "10.14208/ebr.2013.03.02.003",

language = "English",

volume = "3",

pages = "164--178",

journal = "Eurasian Business Review",

issn = "1309-4297",

publisher = "Springer International Publishing AG",

}

TY - JOUR

T1 - Ownership Structure and R&D Orientation in ICT Groups

AU - Bogliacino, Francesco

AU - De Prato, G.

AU - Nepelski, D.

PY - 2013

Y1 - 2013

N2 - In this paper we use the subset of ICT companies from the European R&D Investment Scoreboard to test the effect of change in the shareholders structure on the business orientation towards R&D. A change in one of the control participation for the business group is associated with a deepening of the R&D orientation. The effect is twice as large if the shareholder is a public institution or a risk-oriented financial institution. In the estimation, we address the role of heterogeneity by allowing for fat tails and asymmetry.

AB - In this paper we use the subset of ICT companies from the European R&D Investment Scoreboard to test the effect of change in the shareholders structure on the business orientation towards R&D. A change in one of the control participation for the business group is associated with a deepening of the R&D orientation. The effect is twice as large if the shareholder is a public institution or a risk-oriented financial institution. In the estimation, we address the role of heterogeneity by allowing for fat tails and asymmetry.

KW - ICT

KW - R&D

KW - Ownership Structure

KW - ICT

KW - R&D

KW - Ownership Structure

UR - http://hdl.handle.net/10807/283857

UR - https://link.springer.com/article/10.14208/ebr.2013.03.02.003

U2 - 10.14208/ebr.2013.03.02.003

DO - 10.14208/ebr.2013.03.02.003

M3 - Article

SN - 1309-4297

VL - 3

SP - 164

EP - 178

JO - Eurasian Business Review

JF - Eurasian Business Review

ER -

Ownership Structure and R&D Orientation in ICT Groups

Abstract

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this