The relationships between productivity, operational risk, and firm performance

Abstract

The aim of this study was to revisit the relationship between productivity and performance by using the panel data model on Taiwanese food listed firms during 2008–2020. The result found that there is a U-shaped relationship between productivity and performance. On the contrary, research and development (R&D) innovation and performance have an inverse U-shaped relationship, reminding that when the food listed firms have a specific R&D innovation base, they should invest more powerful resources, professional productivity, and innovate the food listed firms.