The Impact of Digital Innovations & Investment on Firm’s Performance: Evidence From Pakistan
Download| Volume 3 Issue 1 2022 | |
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| Author(s): |
Hanefan Shaikh
Javeed Chavara
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| Abstract | This study investigates that Research & Development, New Plant and Machinery, and Long-term Bonds are the significant tools for increasing Firm Performance. The study includes a quantitative base analysis with study questions which requires to cause and effect of variables; Research & Development Expenditures which is used as proxy variable for Digital Innovation, Long-term Bonds, and New Plants and Machinery which are proxy for Investment, on Net Income of firm over time period. In this case, Balanced Panel Data consist on 30 Pakistani firms from different sector, such as; Pharmaceutical, Automobile, Telecommunication, Textile and Electronics through Annual Reports of Firms since 2012 to 2021 for Fixed Effect Model, because model has different constants for each firm. Study shows significant causes and effect of innovation but investment is less degree of significant on firm’s performance because Long-term bond is insignificant to effect on Net Income |
| Keywords | Digital innovation, R & D, Investments, Purchase of plants and machines, Issuing long term loans and bonds, Net income |
| Year | 2022 |
| Volume | 3 |
| Issue | 1 |
| Type | Research paper, manuscript, article |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | ILMA Journal of Social Sciences & Economics | Publisher Name | ILMA University | Jel Classification | - | DOI | http://dx.doi.org/ | ISSN no (E, Electronic) | 2790-5896 | ISSN no (P, Print) | 2709-2232 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ijsse.ilmauniversity.edu.pk/arc/Vol3/pdf/6pdf | Page | - |