20.500.12556/DKUM-97351 Vpliv vlaganj v raziskave in razvoj na poslovno uspešnost it podjetij v indeksu s&p 500 The impact of investments in research and development on the business performance of it companies in the s&p 500 index Magistrsko delo obravnava vpliv vlaganj v raziskave in razvoj na poslovno uspešnost podjetij v sektorju informacijske tehnologije znotraj borznega indeksa S&P 500. Namen raziskave je bil empirično proučiti, ali in v kolikšni meri intenzivnost vlaganj v raziskave in razvoj vpliva na rast prihodkov, dobičkonosnost ter tržno vrednost tehnoloških podjetij. V teoretičnem delu so obravnavani ključni koncepti raziskav in razvoja, inovacijske usmerjenosti ter poslovne uspešnosti podjetij, s poudarkom na značilnostih tehnoloških podjetij in časovni dinamiki učinkov vlaganj v razvoj. Empirični del temelji na kvantitativni analizi podatkov 60 podjetij iz IT-sektorja [MPV1.1]indeksa S&P 500 v obdobju 2014–2024. Analiza vključuje izračun intenzivnosti vlaganj v raziskave in razvoj ter uporabo deskriptivne statistike, korelacijske in regresijske analize za preverjanje povezanosti med vlaganji v raziskave ter razvoj in izbranimi kazalniki poslovne uspešnosti. Poseben poudarek je namenjen analizi časovnega zamika, s katerim vlaganja v raziskave ter razvoj vplivajo na rast prihodkov. Rezultati raziskave kažejo, da je višja intenzivnost vlaganj v raziskave in razvoj pozitivno povezana z rastjo prihodkov podjetij, pri čemer se povezanost izraziteje kaže z dvoletnim časovnim zamikom. Hkrati je bila ugotovljena negativna povezava med intenzivnostjo vlaganj v raziskave in razvoj ter kratkoročno dobičkonosnostjo podjetij, kar potrjuje obstoj kompromisa med rastjo in dobičkonosnostjo. Povezava med vlaganji v raziskave in razvoj ter tržno vrednostjo podjetij se je izkazala za šibko in statistično neznačilno. Ugotovitve potrjujejo, da vlaganja v raziskave in razvoj predstavljajo pomemben, vendar časovno ter vsebinsko kompleksen dejavnik poslovne uspešnosti tehnoloških podjetij. The master's thesis deals with the impact of R&D investments on the business performance of companies in the information technology sector within the S&P 500 stock exchange index. The purpose of the research was to empirically examine whether and to what extent the intensity of R&D investments affects revenue growth, profitability and market value of technology companies. The theoretical part presents the key concepts of R&D, innovation orientation and business performance of companies, with an emphasis on the characteristics of technology companies and the time dynamics of the effects of development investments. The empirical part is based on a quantitative analysis of data from 60 companies from the IT sector of the S&P 500 index in the period 2014–2024. The analysis includes the calculation of R&D investment intensity and the use of descriptive statistics, correlation and regression analysis to examine the relationship between R&D investments and selected business performance indicators. Special emphasis is placed on the analysis of the time lag effects of R&D investments on revenue growth. The results of the study show that higher R&D investment intensity is positively correlated with growth in corporate revenues, with the correlation becoming more pronounced with a two-year time lag. At the same time, a negative correlation was found between R&D investment intensity and short-term corporate profitability, confirming the existence of a trade-off between growth and profitability. The correlation between R&D investment and the market value of companies turned out to be weak and statistically insignificant. The findings confirm that R&D investment is an important, but time- and content-complex factor in the business performance of technology companies. raziskave in razvoj intenzivnost vlaganj v R&R poslovna uspešnost rast prihodkov dobičkonosnost IT-sektor S&P 500 časovni zamik učinkov research and development R&D intensity firm performance revenue growth profitability IT sector S&P 500 time-lag effects true true false S. Jaklin] Slovenski jezik Angleški jezik Magistrsko delo/naloga 2026-03-02 10:27:39 2026-04-09 12:43:28 2026-04-10 03:17:16 0000-00-00 00:00:00 2025 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 001.891:005 274686723 MAG_Breznikar_Aleksander_2026.pdf MAG_Breznikar_Aleksander_2026.pdf 1 D2D088B8EAC405584E54973FAD5F52EB e4c055b6e36a32e83feb6611d075cf41fb1db283b8d71ce0c609e3670ffe2628 8bd966bb-2900-11f1-a0a6-00155d0001a1 https://dk.um.si/Dokument.php?lang=slv&id=204814 Ekonomsko-poslovna fakulteta 0 0 0