Análise dos impactos de investimentos em pesquisa e desenvolvimento (P&D) e em despesas de capital (Capex) no desempenho de empresas

With the current economic scenario, companies always seek to innovate, since investments in innovation positively impact the performance and competitiveness of these companies vis-à-vis the market. One of the most used forms is through investments in Research and Development (R & D). Investments in capital expenditures (Capex) also reinforce corporate strategy, characterizing itself as a complementary investment for the company's trajectory. Therefore, the objective of this work is to analyze the database of The 2017 EU Industrial R & D Investment Scoreboard using two multiple linear regression models with a sample of 2360 firms, in order to verify the importance of the two types of investments in the sales growth and increased corporate profits. The results indicate that 71.60% of sales and 54.28% of profits are related to investments in R & D and Capex, collaborating to a very strong relationship with the success of companies.