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This is the expense the company spent on research and development. Dow Chemical Co's research and development for the three months ended in Sep. 2014 was $409 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,696 Mil.
This is the expense the company spent on research and development.
Dow Chemical Co Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 477 (Dec. 2013 ) + 391 (Mar. 2014 ) + 419 (Jun. 2014 ) + 409 (Sep. 2014 ) = $1,696 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.
Dow Chemical Co Annual Data
|Research & Development||1,073||1,164||1,305||1,310||1,492||1,660||1,646||1,708||1,747||1,647|
Dow Chemical Co Quarterly Data
|Research & Development||434||463||435||417||418||477||391||419||409||428|