Which statement is incorrect? To capture innovation growth, we should use R&D growth We should use profit in US$ for com
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Which statement is incorrect? To capture innovation growth, we should use R&D growth We should use profit in US$ for com
statement is incorrect? To capture innovation growth, we should use R&D growth We should use profit in US$ for comparable firm approach because Domino Pizza have positive earnings. You will get similar qualitative conclusion using sales/expenses. To avoid negative earnings but still capture profitability, one should use expenses divided by sales To capture how early in the cycle firms spend on innovation, they should use R&D/sales
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