The Status and Influences Factors Study of the Listed Companies R&D Investments—Based on the Cross-industry Data
Zhang Yun1, Zhong Shaoying2
1.Beijing Academy of Social Sciences, Beijing 100101, China;2.Institute of Science and Technology Policy and Management of Chinese Academy of Sciences, Beijing 100191, China
Abstract:The paper analyzed the overall situation in R&D investment of the companies listed in Shanghai or Shenzhen stock market and the effects of R&D investment by enterprise scales, ownership and industry concentration.The study showed that R&D investment intensity of the listed companies was stronger than designated scale industrial enterprises, but much lower than the global enterprises with active research and development.A U-shaped relationship was found between enterprise scale and R&D investment intensity, and the income elasticity of R&D investment of medium enterprises was lower than others.Private ownership of the enterprises was positive to improving the income elasticity of R&D investment, and there was no significant correlation between industry concentration and intensity of R&D investment.
张 耘;钟少颖. 上市企业研发投入的现状和影响因素研究—基于跨行业数据的分析[J]. , 2014(3): 92-98.
Zhang Yun;Zhong Shaoying. The Status and Influences Factors Study of the Listed Companies R&D Investments—Based on the Cross-industry Data. , 2014(3): 92-98.