The Research on the Effects of the Listed Manufacturing Companies R&D Investment on Business Performance
Innovation is the headspring and inner power of enterprises development; R&D activities are the main source of innovation. Therefore, domestic and foreign scholars have been concerned about the effects that R&D investment has on business performance. Based on the data of 76 listed manufacturing companies from 2005 to 2008, this article empirically analyses the effects that R&D investment has on business Performance. The results show that the proportion of R&D investments in the listed companies is low, and there is a negative correlation between the R&d investments and part of their performance indicators. Furthermore, R&D investment has a delayed influence on performance. Finally, the listed companies are suggested to intensify the R&D investment and make investment decisions more scientific.
manufacturing industry R&D investment listed companies business performance
FU Jianhong
Changzhou Institute of Light Industry Technology, Jiangsu, P.R.China, 216164
国际会议
2010 International Conference on Industry Engineering and Management(2010 产业工程与管理国际研讨会)
江苏常州
英文
358-362
2010-03-26（万方平台首次上网日期，不代表论文的发表时间）