Influence of non-R&amp;D innovation expenditure on innovation performance of high technology industries

Science Research Management ›› 2015, Vol. 36 ›› Issue (10) : 1-10.

Influence of non-R&D innovation expenditure on innovation performance of high technology industries

Xie Ziyuan, Huang Wenjun

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Abstract

Non-R&D expenditure may have both promotion effect and substitution effect on the innovation performance of high technology industries. The influence of distribution of non-R&D expenditure on innovation performance of high technology industries is empirically studied with the panel data of industries from 1995 to 2012. It is found that non-R&D expenditure on the whole has positive effect on both patent production and sales revenue of new products of high technology industries, among which expenditure for technical renovation mainly has substitution effect on patent production whereas positive effect on new product sales revenue. Outside technology access as a whole has positive effect on patent production, among which expenditure for acquisition of foreign technology has significantly negative effect on patent production, but when considering its synergistic effect with expenditure for assimilation of technology, its promotion effect on patent production appears. Expenditure for assimilation of technology has significantly promotion effect on sales revenue of new products, while expenditure for purchase of domestic technology has significantly positive correlation with patent production.

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high technology industry / non-R&D expenditure / innovation performance

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Xie Ziyuan, Huang Wenjun. Influence of non-R&D innovation expenditure on innovation performance of high technology industries[J]. Science Research Management. 2015, 36(10): 1-10

References

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