Technical gazette, Vol. 27 No. 3, 2020.
Preliminary communication
https://doi.org/10.17559/TV-20190604185817
R&D Product Development KPIs and Performance of Companies in Serbia
Jelena Tadić
; Tadex Advisory Simeona Piščevića 11/1, 21000 Novi Sad, Serbia
Ivana Medved
; University of Novi Sad, Faculty of Economics, Segedinski put 9-11, 24000, Subotica, Serbia
Ranko Bojanić
; University of Novi Sad, Faculty of Technical Sciences, Trg Dositeja Obradovića 6, 21000, Novi Sad, Serbia
Nemanja Tasić
; University of Novi Sad, Faculty of Technical Sciences, Trg Dositeja Obradovića 6, 21000, Novi Sad, Serbia
Abstract
The main intent of the article is to explore whether assumed research and development (R&D) product development key performance indicators (KPIs) are in relationship with a company’s performance, as well as to determine the impact of R&D product development KPIs to predicting company performance. The presented research was carried out on a sample of 196 manufacturing food companies in the Republic of Serbia. Statistical techniques of correlation and multiple regression analysis were applied. Results show that all analysed R&D product development KPIs have significant impact on company performance displayed by ROA, ROE and EBITDA margin.
Keywords
company performance; KPI; product development; R&D
Hrčak ID:
239111
URI
Publication date:
14.6.2020.
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