R&D Product Development KPIs and Performance of Companies in Serbia

Jelena Tadić; Ivana Medved; Ranko Bojanić; Nemanja Tasić

doi:10.17559/TV-20190604185817

Tehnički Vjesnik (Jan 2020)

R&D Product Development KPIs and Performance of Companies in Serbia

Jelena Tadić,
Ivana Medved,
Ranko Bojanić,
Nemanja Tasić

Affiliations

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

DOI: https://doi.org/10.17559/TV-20190604185817
Journal volume & issue: Vol. 27, no. 3
pp. 990 – 995

Abstract

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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.

Published in Tehnički Vjesnik

ISSN: 1330-3651 (Print); 1848-6339 (Online)
Publisher: Faculty of Mechanical Engineering in Slavonski Brod, Faculty of Electrical Engineering in Osijek, Faculty of Civil Engineering in Osijek
Country of publisher: Croatia
LCC subjects: Technology: Engineering (General). Civil engineering (General)
Website: http://hrcak.srce.hr/tehnicki-vjesnik

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