R&D投资、IT投资与企业业绩间的相关性实证研究——来自电子信息百强企业的经验证据

Empirical Research on the R&D Investment,It Investment and Enterprise Performance Correlation——Emprircal Evidence from Top100 Electronic and Information Industry Enterprises

结构资本包括创新资本和流程资本,前者主要源于R&D投资,后者主要源于IT投资。通过电子信息百强企业的R&D投资、IT投资与企业业绩之间的相关性实证研究发现:①R&D投资对企业业绩具有非线性效应,最优R&D投资点为5.48%;②IT投资对企业业绩的非线性效应不显著;③R&D投资与IT投资之间的协同效应没有发挥出来,且各种滞后效应均不存在。

Structure of capital including innovation capital and flow capital,the former mainly comes from R&D investment,and the latter mainly comes from IT investment.Based on the empirical research on the relationship between R&D investment,IT investment and enterprise performance,this paper gets some results as follows:1)the relationship between R&D investment and enterprise performance is nonlinear effect and the optimal R&D investment level is 5.48%;2)the nonlinear effect between IT investment and enterprise performance is not significant;3)There is not the synergy effect between R&D investment and IT investment,and all types of lag effect are not significant.