R&D投入绩效相关研究综述

A Review on the Study of R&D Investment Performance

从国家和企业两个层面,对R&D投入绩效、R&D投入与宏观经济增长的关系、R&D投入与企业生产效率及企业业绩的关系的相关文献进行综述发现:大多数学者认为在宏观层面R&D活动对国家和地区经济增长起到了促进作用;在微观层面,国外学者认为R&D投入对企业的生产效率、市场价值及企业业绩具有显著的正面影响,国内学者由于样本选择差异及信息披露不足等原因,得出了不同的观点,一部分学者认为R&D投入对企业的业绩具有显著的正面作用,并具有一定的滞后性,另一部分学者认为R&D投入与企业业绩不存在显著的正相关关系。

From the perspective of the nation and the enterprises, the in-depth research of the R＆D investment performance, the relationship between R＆D investment and macroeconomic growth, the relevant material of the relevance between R＆D investment and enterprise production efficiency and performance, most scholars believe the R＆D activities on macro level play an significant role in improving both national and regional economy. On micro level, foreign scholars confirm the remarkable positive impact made by the production efficiency of R＆D investment, market value and enterprise performance, while our domestic scholars, due to the difference in sample selection and deficiency of information disclosure, concluded different opinions： the majority of them recognize the positive impact of R＆D investment on the enterprise performance, with certain hysteresis; the rest negate the positive correlation between R＆D investment and enterprise performance.