Waseda Organizational and Financial Economics Seminar:
“Does R&D Need Stable Shareholders?: Breaking Down Investments into Different Natures in R&D” (7/8)
講演者 / Speaker
新田 隆司 (一橋大学 大学院経営管理研究科 博士後期課程)
日 時 / Date & Time
2019年7月8日(月) 13:00~14:30
会 場 / Venue
早稲田大学 早稲田キャンパス 11号館 11階 1111教室
主 旨 / Outline
“Does R&D Need Stable Shareholders?: Breaking Down Investments into Different Natures in R&D”
Investigating the individual data on Japanese firms from the Survey of Research and Development conducted by the Japanese Ministry of Internal Affairs and Communications, which allows the breaking down of firms’ R&D spending into basic, applied and development, this study explores how ownership structure influences differently these three different R&Ds. The results indicate that stable shareholders allow firms to increase their investment in basic R&D, while foreign investors, which can be considered relatively non-stable shareholders, are likely to allocate more resources to development and less to basic and applied in R&D. While stable shareholders allow firms to broaden their R&D scope, foreign investors push firms to narrow their R&D scope.
*日本語での報告です。
プログラム / Schedule
13:00~13:05 開会の挨拶(宮島 英昭 早稲田大学高等研究所 顧問 / 商学学術院 教授)
13:05~14:05 講演
14:05~14:25 質疑応答
14:25~14:30 閉会の挨拶(宮島 英昭)
対 象 / Prospected Audience
学部生・大学院生・教職員・一般
主 催 / Organizer
早稲田大学 産業経営研究所
早稲田大学 高等研究所
申込み / Registration
事前申込み不要です。直接会場にお越しください。