¿Pueden las inversiones en I+D condicionar la decisión de diversificación?una aplicación a las a las empresas industriales en España
ISSN: 0422-2784
Any de publicació: 2009
Títol de l'exemplar: Industria y medio ambiente : el reto de la sostenibilidad
Número: 371
Pàgines: 195-208
Tipus: Article
Altres publicacions en: Economía industrial
Resum
This work analyzes how the accumulation of technological intangible resources (knowledge capital) affects to the selection of the industries where the firm is diversified. This work offers a crucial contribution to the existing literature: a measurement form of the technological resources is presented, with a higher level of detail of the estimation of the depreciation rate of knowledge capital, allowing for a more precise analysis of the diversification decision. The results, obtained for a sample of 983 industrial Spanish companies, show that the accumulation of intangible technological resources influences positively the decision and the degree of diversification.