Foreign companies’ research and development (R&D) disclosures require U.S. industry peers to take harder looks at their R&D strategies. New research from Elizabeth Gordon shows company leaders and external investors the value in these peer foreign R&D disclosures.
For U.S. companies, R&D disclosures are an opportunity to use real-life examples to thoroughly analyze their development plans. For foreign companies, the usefulness of their R&D disclosures adds credibility to the success of their innovations. Plus, foreign R&D disclosures positively affect the overall innovation environment of the U.S. markets, especially for firms that rely more on external financing or firms that are subject to higher financial constraints.