R&D investment, technology acquisition pattern, and enterprise innovation performance-Based on a demonstration of high-tech enterprises in Zhejiang Province

Abstract

Abstract: When the relationship between enterprise R&D investment and innovation performance is explored, the existing studies ignore the regulation effect of technology acquisition pattern on the relationship. By taking technology acquisition pattern of enterprise as a regulation variable, a theoretical model involving the R&D investment, the source of technology, the introductive pattern of foreign technology, and the enterprise innovation performance is presented, an empirical analysis is conducted by using a grouping regression method, combining with the results of a questionnaire survey for the high-tech enterprises in Zhejiang Province. The findings provided are as follows: There is a significantly positive correlation between enterprise's R&D investment and innovation performance. Independent R&D as the main source of enterprise technology, and the purchases of technical data or patents as primary pattern of foreign technology introduction make a positive regulation effect on the relationship between enterprise's R&D investment and innovation performance. Whereas cooperative R&D as the main source of technology, and the purchases of foreign equipments or samples as well as the engagement of foreign technical personals as the primary pattern for bring in foreign technology all have a negative regulation effect on the relationship.

Key words: R&D investment, technology acquisition, innovation performance, regulation effect

CLC Number:

F270.3

Yan Yan, Chi Renyong. R&D investment, technology acquisition pattern, and enterprise innovation performance-Based on a demonstration of high-tech enterprises in Zhejiang Province[J]. Science Research Management, 2013, 34(5): 48-55.

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