企业竞争环境 财务柔性与研发投入——基于我国通信设备制造业上市公司的数据分析  

Competitive Environment,Financial flexibility and R&D Investment Based on the Data of Listed Companies in China’s Communication Equipment Manufacturing Industry

作　　者：代珍珍 程克群[1] Dai Zhenzhen;Cheng Kequn(Anhui Agricultural University, Hefei, Anhui 230000, China)

机构地区：[1]安徽农业大学

出　　处：《黑龙江工业学院学报（综合版）》2019年第7期75-81,共7页Journal of Heilongjiang University of Technology(Comprehensive Edition)

基　　金：安徽省省领导圈定课题(SQKTF18-07);安徽高校人文社会科学研究重点项目(SK2017A0138)

摘　　要：以我国通信设备制造业上市公司为研究对象,利用EVIEWS6.0计量软件实证分析了2015—2017年我国通信设备制造业上市公司企业竞争环境、财务柔性、研发投入三者之间的关系。实证结果显示:企业竞争环境和财务柔性均对研发投入具有积极影响,且在财务柔性对研发投入的影响中企业竞争环境还起到了正向调节作用。针对上述结果,提出提高财务柔性储备量,建立环境预警机制、合理分配财务柔性储备等促进企业研发投入的建议,以此提升企业研发创新水平。This paper selects listed companies in China's communication equipment manufacturing industry as the research object, analyzed the relationship among competition environment, financial flexibility and r&d investment of listed companies from 2015 to 2017 with EVIEWS6.0 measurement software. The results show that both competitive environment and financial flexibility have positive effects on R&D input and the former also plays a positive role. In view of the above results, some suggestions are put forward to improve the amount of financial flexible reserve, to establish an environmental early warning mechanism and reasonably allocate financial flexible reserve and so on.

关 键 词：企业竞争环境 财务柔性 研发投入 通信设备制造业 

分 类 号：F275[经济管理—企业管理] F276[经济管理—国民经济]