A Research on the Stickiness of R&D-performance

Science Research Management ›› 2016, Vol. 37 ›› Issue (2) : 37-46.

Science Research Management ›› 2016, Vol. 37 ›› Issue (2) : 37-46.

A Research on the Stickiness of R&D-performance

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Abstract

Using China's high-tech listed companies from 2007 to 2012 as research sample, we examine the sensitivity of R&D-performance and the asymmetric characteristics of the sensitivity. We found that performance is rather sensitive to R&D investment and the sensitivity is asymmetric, which is that the performance will increase as the R&D investment rising and keep stable as the R&D investment decreasing, and this means R&D-performance is sticky. We also found that the stickiness will be affected by the entrepreneur's professional cognition and enterprise’s growth stage. Our research enriches the related literatures about R&D and provides reference for the decision-making about R&D.

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A Research on the Stickiness of R&D-performance[J]. Science Research Management. 2016, 37(2): 37-46

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