The Relationship between R&D Budget Management and Innovation Performance —An empirical study based on Chinese public companies in information industry
Research and development (R&D) budget management plays an extremely important role in R&D project management, but the relationship between R&D budget management and the technological innovation is rarely understood by people. However, there are a few articles discussing the impact of R&D budget on the innovation performance of enterprises. Utilizing a sample of 81 Chinese public companies in the information industry over the period of 2002-2006, we examined the relationship between R&D budget management and the innovation performance of enterprises. The result shows that a long-term persistent R&D investment is beneficial for enterprise innovation, while continual changes of R&D budget plans as well as too dispersive investment of R&D in the project reduce the effectiveness of innovation. The conclusion of this study should be an important reference on the optimization of R&D budget management and the improvement of effect of R&D.
R&D budget management innovation performance patent
Lai-Xin Liang Ning Zhou Ru-Fei Ma
Department of Accounting, School of Business Central South University, Changsha city,Hunan Province,410083
国际会议
The Third International Conference on Operations and Supply Chain Management(第三届运营与供应链管理国际会议)
武汉
英文
981-987
2009-07-28（万方平台首次上网日期，不代表论文的发表时间）