企业家专业背景与研发投入及其绩效研究——来自中国高新技术上市公司的经验证据被引量：48

Entrepreneurs' educational background,R&D investment and its performance——empirical evidence from the high-tech listed enterprises in China

原文传递

导出

摘要基于高阶理论以中国2007至2010年间高新技术企业为研究样本,从受教育的专业背景角度出发,验证了中国企业家的技术专业背景对研发投入以及投入绩效的影响。研究发现:技术背景的企业家相比与其它背景企业家有更多的研发投入,并且这种促进作用在企业面临融资约束时更为显著,企业家技术背景对研发投入的这种促进更有利于提高企业未来的绩效。本文的研究为高新技术企业管理层的任命决策以及研发效益的长远考虑有着重要的启示意义。 Choosing the high-tech enterprises in China from 2007 to 2010 as a study sample,we explore the relationship between the entrepreneurs＇ technical educational background and the R＆D investment based on the higher-order theory.We find that compared with the entrepreneurs with irrelevant background,the entrepreneurs with technical educational background are willing to pay more on the R＆D investment.Moreover,this kind of promotion from the entrepreneurs is far more significant when the enterprises are facing the financial constrains,and is more favorable to improving the enterprises＇ performance in the future.The conclusion we draw in this pa per may give an implication in the management appointment and R＆D decision in high-tech enterprises.

作者李四海陈旋

机构地区中南财经政法大学会计学院厦门大学管理学院

出处《科学学研究》 CSSCI 北大核心 2014年第10期1498-1508,共11页 Studies in Science of Science

基金国家自然科学基金资助项目(71372168)

关键词研发投资专业背景高新企业融资约束 R＆D investment educational background high-tech enterprises financial constrains

分类号 F273.1 [经济管理—企业管理]

引文网络
相关文献

参考文献36

1陈小悦,迈克尔·波特.竞争战略[M].北京市:华夏出版社,2005.33.
2Lederman D, Maloney W. R&D and development [ R]. World Bank Policy Research Working Paper, 2003.
3Aghion P, Angeletos M, Banerjee A. Volatility and growth: credit constraints and productivity -enhancing investment [ R]. NBER Working Paper, 2005.
4解维敏,唐清泉,陆姗姗.政府R&D资助,企业R&D支出与自主创新——来自中国上市公司的经验证据[J].金融研究,2009(6):86-99. 被引量：578
5Goes J B, Park S H. Interorganizational links and inno- vation: the case of hospital services [ J]. Academy of Management Journal, 1997, 40 (3) : 673 - 696.
6Jefferson G H, Huamao B, Xiaojing G, et al. R&D per- formance in Chinese industry [ J]. Economics of Innova- tion and New Technology,2006, 15 (4 - 5 ) : 345 - 366.
7吴延兵.市场结构、产权结构与R&D——中国制造业的实证分析[J].统计研究,2007,24(5):67-75. 被引量：142
8David P, OBrien J P, Yoshikawa T. The implications of debt heterogeneity for R&D investment and firm perform- ance [J]. Academy of Management Journal,2008, 51 (1): 165-181.
9Barker V L I, Mueller G C. CEO characteristics and firm R&D spending [ J ]. Management Science, 2002, 48(6) : 782 -801.
10Bertrand M, Sehoar A. Managing with style: The effect of managers on firm policies [ J]. The Quarterly Journal of Economics,2003, 118(4): 1169-1208.