2022
DOI: 10.1108/jaar-05-2021-0131
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The effect of R&D activities on the market response and company's performance during the shock caused by the COVID-19 pandemic in Iran

Abstract: PurposeThe purpose of this study is to investigate whether research and development (R&D) activities reduce the performance damage caused by a critical situation, such as the COVID-19 pandemic, or not. Also, this study tries to explain whether the market in its reactions pays attention to companies' R&D activities or not during the COVID-19 critical situation.Design/methodology/approachThe official announcement of the COVID-19 disease in Iran is considered the date of the event in this study. To consid… Show more

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Cited by 2 publications
(2 citation statements)
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“…In addition, the pandemic has caused companies to be more active in research and development activities resulting in more innovation. This is consistent with prior research [62,64,65]. There is no significant difference between the countries, although the level of effect differs in different markets.…”
Section: Discussionsupporting
confidence: 92%
See 1 more Smart Citation
“…In addition, the pandemic has caused companies to be more active in research and development activities resulting in more innovation. This is consistent with prior research [62,64,65]. There is no significant difference between the countries, although the level of effect differs in different markets.…”
Section: Discussionsupporting
confidence: 92%
“…A positive and significant relationship between the pandemic and changes in internal processes supports the third hypothesis, which is consistent with [61]'s results. In addition, the pandemic has a positive and significant relationship with innovation supporting the fourth hypothesis, consistent with [22,62]'s findings. Comparing the findings also shows no significant difference between the countries, implying that the pandemic has similar significant effects on different emerging markets investigated.…”
Section: Resultssupporting
confidence: 85%