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Financing R&D Spending: The Role of Corporate Cash Holdings
Abstract: Firms with higher R&D spending tend to hold more cash. In recent years, as AI investment has increased, R&D intensity has gone up while cash ratios have declined.
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https://www.stlouisfed.org/on-the-economy/2026/mar/financing-rd-spending-role-corporate-cash-holdings
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2026-03-12