Excess Commitment in R&D: Replication Data from Marius Guenzel

Marius Guenzel authored this replication package for the study "Excess Commitment in R&D," hosted by the Review of Financial Studies Dataverse. The data supports econometric analysis of corporate research and development investment behaviors and was last updated in March 2026. It provides the necessary code and data to reproduce findings regarding financial decision-making in R&D departments.

Use Cases

• Replicating econometric results for R&D investment commitment as described in the original paper
• Analyzing R&D expenditure trends using the provided calculation logic
• Validating financial models of corporate over-investment using the author's code framework

Strengths

• Official replication package for a Review of Financial Studies publication
• Authored by the original researcher Marius Guenzel
• Hosted on the reputable Dataverse platform for academic transparency

Limitations

• Metadata does not specify row counts or column definitions
• Scope is restricted to the specific variables required for the R&D commitment study
• Lack of file format details may require trial-and-error for software compatibility

Provenance

Source

Review of Financial Studies Dataverse

Freshness

Last updated March 11, 2026.