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Factor analysis between internal and external R&D with operational performance moderated by intellectual property rights


Anuar, Herman Shah and Mohamed Udin, Zulkifli and Mohd Nawi, Mohd Nasrun (2013) Factor analysis between internal and external R&D with operational performance moderated by intellectual property rights. International Journal of Research in Business and Technology, 3 (3). pp. 208-214. ISSN 2291-2118

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Abstract

This paper elaborates the findings from factor analysis in investigating intellectual property rights (IPR) (patent) having a moderating effect on the relationship between internal and external R&D towards operational performance of chemical and metallurgical manufacturing firms in Malaysia.The results of this paper were based on statistical output derived from the Statistical Package for Social Sciences version 19.The survey method was used for the study, focusing on chemical and metallurgical firms in Malaysia as the unit of analysis.It was revealed that IPR policy pertaining patents should become part of a firm’s business strategy. Implementing IPR will safeguard firm’s new invention, innovation, or process in the long run.Furthermore, firms may gain benefits in creating new business opportunities during various patenting stages. Strict enforcement of IPR could yield better incentives for innovation.In the long run, revenue obtained from IPR can be used to finance innovation and R&D activities.Implementation of IPR has tendencies to stimulate more research and innovation. Applying innovative and creative ideas by protecting it through IPR is able to help firm’s long term success.The paper reveals that the relationship between internal R&D towards operational performance was exist in the study (H1A); relationship between external R&D towards operational performance was exist in the study (H1B); and higher level of IPR has a significant positive impact on operational performance (H1C).

Item Type: Article
Uncontrolled Keywords: internal R&D; external R&D; intellectual property rights; patents; operational performance
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: School of Technology Management & Logistics
Depositing User: Dr. Herman Shah Anuar
Date Deposited: 19 Mar 2014 06:46
Last Modified: 18 Apr 2016 02:07
URI: http://repo.uum.edu.my/id/eprint/10238

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