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This is the expense the company spent on research and development. Cowen Group Inc's research and development for the three months ended in Mar. 2016 was $0.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $6.7 Mil.
This is the expense the company spent on research and development.
Cowen Group Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 6.714 (Jun. 2015 ) + 0 (Sep. 2015 ) + 0 (Dec. 2015 ) + 0 (Mar. 2016 ) = $6.7 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Cowen Group Inc Annual Data
|Research & Development||0.0||0.0||8.6||7.8||14.5||16.7||14.1||0.0||0.0||0.0|
Cowen Group Inc Quarterly Data
|Research & Development||-12.3||4.5||5.6||0.0||0.0||6.5||6.7||0.0||0.0||0.0|