Abstract:Currently growing firms realize that innovation is critical to improve their core competencies and maintain their sustainable competition.Corporate RD investment is an important indicator to measure the capability of independent innovation.To learn more about corperate s RD investment determination and its economic consequences,we studied the effect of capital structure on RD investment and the effect of RD investment on growth and performance based on the samples from information technology listed companies from 2008 to 2010.The study found a negative correlation between the RD investment and capital structure,the RD investment was not found any obvious effect on enterprise growth,but a significant impact on corporate profitability.Suggestions are proposed accordingly.
邹彩芬;黄琪. 信息技术行业RD投入影响因素及其经济后果分析[J]. , 2013(3): 82-88.
Zou Caifen;Huang Qi. Influential Factors of RD Investment in IT Industry and It s Economic Consequences——Also on Effect of RD Subsidy. , 2013(3): 82-88.