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Configurations of strategic R&D decisions and financial performance in small-sized and medium-sized firms

机译：中小型企业的战略研发决策和财务绩效配置

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This paper links the strategic decisions made in R&D during the financially turbulent period of 2009 to the firm's financial health in the period 2010-2013. The focus is on decisions made in R&D-active small and medium-sized enterprises in terms of absorptive capacity, open innovation, type of R&D, and the organizational structuring of R&D. Based on a representative set of R&D-active firms in Belgium, qualitative comparative analysis reveals that the outcomes in terms of financial performance related to optimal configurations of strategic R&D decisions depend on the firm's size and on the time-lag under consideration. Managers in small-sized firms are advised to pay particular attention to a more functionally-structured R&D approach in configurations of strategic R&D decisions. To increase medium-term financial performance, managers in medium-sized firms benefit from more engagement in research-oriented activities, more in-house innovation, and the enhancement of absorptive capacity in sets of strategic R&D decisions. (C) 2017 Elsevier Inc. All rights reserved.
机译：本文将2009年财务动荡期间研发方面的战略决策与公司2010-2013年的财务状况联系起来。重点是研发活跃的中小型企业在吸收能力，开放式创新，研发类型和研发组织结构方面的决策。定性的比较分析基于比利时一组具有代表性的研发活跃公司，结果表明，与战略研发决策的最佳配置相关的财务绩效结果取决于公司的规模和所考虑的时滞。建议小型公司的管理人员在战略性R＆D决策的配置中特别注意功能更强的R＆D方法。为了提高中期财务绩效，中型公司的管理人员可以从更多地参与以研究为导向的活动，更多的内部创新以及在一系列战略性R＆D决策中增强吸收能力中受益。 （C）2017 Elsevier Inc.保留所有权利。

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