Family control, R&D expenses and firm efficiency: evidence from Taiwanese cultural and creative industries

What is it about?

- We examine the link between R&D investments and firm efficiency. - We include family control as a moderator in our regression models as can be explained by agency theory. - We apply data envelopment analysis to measure firm efficiency. - Results highlight the importance of resource management and R&D investments. - Our tests are derived from the production and resource-based perspectives.

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