信息技术行业R&D投入影响因素及其经济后果分析  

Influential Factors of R&D Investment in IT Industry and It's Economic Consequences ——Also on Effect of R&D Subsidy

作　　者：邹彩芬[1] 黄琪[1] 

机构地区：[1]武汉纺织大学会计学院,湖北武汉430073

出　　处：《中国科技论坛》2013年第3期82-88,共7页Forum on Science and Technology in China

基　　金：教育部人文社科基金项目"地方政策扶持对上市公司投资结构的影响机理研究"(09YJC630183)

摘　　要：知识经济时代,越来越多的企业意识到自主创新是培育核心能力,保持持续竞争力的重要手段。企业R&D投入是衡量企业自主创新能力的重要指标,为剖析企业R&D投入的影响因素及其经济后果,本文以2008—2010年我国信息技术行业上市公司为样本,研究了企业资本结构对R&D投入强度的影响以及R&D投入对企业成长性与盈利能力的影响,同时也剖析了政府R&D补贴的经济效应。研究发现,R&D投入与资本结构负相关,R&D投入与企业成长性的相关性不明显,对企业的盈利能力有显著性影响,政府R&D补贴对企业成长性与盈利能力有负向影响,尽管不显著。并据此提出相关对策与建议。Currently growing firms realize that innovation is critical to improve their core competencies and maintain their sustainable competition. Corporate R＆D investment is an important indicator to measure the capability of independent innovation. To learn more a- bout corperate＇s R＆D investment determination and its economic consequences, we studied the effect of capital structure on R＆D in- vestment and the effect of R＆D investment on growth and performance based on the samples from information technology listed compa- nies from 2008 to 2010. The study found a negative correlation between the R＆D investment and capital structure, the R＆D investment was not found any obvious effect on enterprise growth, but a significant impact on corporate profitability. Suggestions are proposed ac- cordingly.

关 键 词：R&D投入 资本结构 企业成长性 盈利能力 技术补贴 

分 类 号：F203[经济管理—国民经济]