Akbar Adhiutama, N. Mulyono, Sita deliyana Firmialy, Layung Anindya Prasetyanti
{"title":"R&D intensity and allocation: empirical evidence from Indonesia in AEC integration","authors":"Akbar Adhiutama, N. Mulyono, Sita deliyana Firmialy, Layung Anindya Prasetyanti","doi":"10.1504/IJSTM.2018.10014972","DOIUrl":null,"url":null,"abstract":"To increase the competitiveness of ASEAN economy through ASEAN Economic Community (AEC), the role and strategy of R&D in spending alignment need to be revitalised. An understanding of the current R&D strategy of each AEC member country through the comprehensive analysis of R&D expenditure is also required. This paper addressed the issues of R&D expenditure and intensity in Indonesia that is currently placed at a relatively low position among other ASEAN members. The quantitative method was utilised to achieve the research objectives. The data, obtained from 228 companies of various sectors in Indonesia, were collected and integrated as the empirical basis for testing the hypotheses. The results suggested that although the growth opportunities and leverage have different effects on R&D intensity, the intensity effect is still very inadequate. Most companies allocated their R&D investment for internal purposes. They invested R&D expenditures to increase the efficiency of their companies even if it had low contribution to their company value.","PeriodicalId":44853,"journal":{"name":"International Journal of Services Technology and Management","volume":"24 1","pages":"503"},"PeriodicalIF":0.6000,"publicationDate":"2018-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Services Technology and Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/IJSTM.2018.10014972","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
To increase the competitiveness of ASEAN economy through ASEAN Economic Community (AEC), the role and strategy of R&D in spending alignment need to be revitalised. An understanding of the current R&D strategy of each AEC member country through the comprehensive analysis of R&D expenditure is also required. This paper addressed the issues of R&D expenditure and intensity in Indonesia that is currently placed at a relatively low position among other ASEAN members. The quantitative method was utilised to achieve the research objectives. The data, obtained from 228 companies of various sectors in Indonesia, were collected and integrated as the empirical basis for testing the hypotheses. The results suggested that although the growth opportunities and leverage have different effects on R&D intensity, the intensity effect is still very inadequate. Most companies allocated their R&D investment for internal purposes. They invested R&D expenditures to increase the efficiency of their companies even if it had low contribution to their company value.
期刊介绍:
IJSTM addresses services innovation, services technologies and management, as well as the role of the supply chain, logistics and other related topics. Services cover a wide range of operations and functions, such as human aspects of healthcare, and technological aspects of public services design and management, as well as services provided by the manufacturing sector, information services and the associated cultural, ethical, legal and political aspects; electronic commerce; globalisation in services; and market innovations in services etc. Topics covered include: -Services technology, management and technology management: policy, strategic and operational issues -Services and innovation- Information technology and communication in services, e-commerce- Supply chain management- New developments in marketing and retailing- Human resources and development in services- Customer care- TQM, services quality- Distribution and logistics- Ecologically driven services- Economics of services- Services in society, ethics and culture- Technology related to tourism services and transport- Technology serving scientific research and high-tech industry- Medical, recreational and health tourism