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Responsible Research-Innovation and Profitability

其他書名	An Empirical Study of Selected Asian Companies
出版	SSRN, 2023
URL	http://books.google.com.hk/books?id=CsX0zwEACAAJ&hl=&source=gbs_api

註釋Corporate Social Responsibility (CSR) and innovation are the foundation of business competitiveness in the present context (Rexhepia et. al., 2013). The research and innovation with the consideration of CSR can be named as Responsible Research and Innovation or RRI (Martinuzzi et. al., 2018). So, a common question arises regarding 'whether or not the RRI be able to provide strategic benefits to the firm' besides contribution in sustainable development. Present study is a simplified initiation on that issue. For that, ten years data are taken from the selected Indian, Chinese, South Korean and Japanese companies and OLS and 2SLS regression models are being used. Results show that responsible research has positive impact on innovation output and profitability of firm. This outcome is useful to the modern companies to cope with the changing environment and to make better strategy. The study would have been much better, if sufficient data could be found from the published reports.