Does R&D Investment Promote Firms Performance? Evidence from the Pharmaceutical and Biological Products Listed Firms
Technological innovation by Research and Development (R&D) is at the core of business strategy for firms to compete in the competitive market. This paper tests the correlation between firms R&D investment intensity and the current year /one-year lagged performance of Chinese pharmaceutical and biological products Listed firms, and suggests that theres weak significant correlation between R&D intensity and the current years performance, and theres more stronger significant correlation with the following years performance.
Zhu Zhaohui Chai Xiaokang
School of Accounting Zhejiang Gongshang University Hangzhou, China
国际会议
2011 International Conference on Product Innovation Management(第六届产品创新管理国际会议)
武汉
英文
48-51
2011-07-16（万方平台首次上网日期，不代表论文的发表时间）