A study on impact of external environment on R&D input of enterprises:Empirical analysis on panel data of Chinese industries

Chen Zhongchang, Yu Xiang

Science Research Management ›› 2007, Vol. 28 ›› Issue (2) : 78-84,123.

PDF(1729 KB)
PDF(1729 KB)
Science Research Management ›› 2007, Vol. 28 ›› Issue (2) : 78-84,123.

A study on impact of external environment on R&D input of enterprises:Empirical analysis on panel data of Chinese industries

  • Chen Zhongchang, Yu Xiang
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Abstract

The increase of corporate R&D input is very helpful for strengthening the corporate ability of self-innovation.In order to analyze the environmental effects of market need,industrial competition and external financial environment on R&D input of enterprises,the panel data of Chinese large and medium-sized enterprises are used.The result shows that the need of new product has a positive impact on R&D input of enterprises,but it is not strong enough;while the intensive competition in industries hasn't shown a general positive impact and the external financial environment needs further improvement.

Key words

R& / D input / market need / industrial competition / external financial environment

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Chen Zhongchang, Yu Xiang. A study on impact of external environment on R&D input of enterprises:Empirical analysis on panel data of Chinese industries[J]. Science Research Management. 2007, 28(2): 78-84,123
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