研发强度影响企业的发展能力和盈利能力吗?

Does R&D Intensity Influence Enterprises′ Development Ability and Profitability?

目前世界经济呈现发展速度减缓,企业人力资源成本上升、盈利水平下降的基本特征,研发投入多少对于企业的可持续发展和市场竞争能力的提高有着至关重要的影响。增加研发投入、加强研发人才培养,是全面提升企业市场竞争力的重要途径。文章基于问卷调查结果选取反映企业盈利能力和发展能力的评价指标,以沪、深A股上市公司2010-2014年间的数据为研究样本,采用描述性统计和多元线性回归分析研究了当期研发投入强度及当期研发人员强度对企业当期发展能力和盈利能力的影响;还进一步研究了研发投入强度及研发人员强度对企业发展能力和盈利能力的滞后影响。研究结论有利于企业重视研发投入,不断提高自身创新能力和企业效益;同时有利于政府制定相应的政策引导企业加大自主研发力度,提高国际竞争水平,促进经济持续健康增长。

At present the world economy presents the basic characteristic of slow development speed, increasing enterprise human resources cost and decreasing profitability level, and therefore R＆D investment has crucial influence on enterprise sustainable development and market competitiveness promotion. Increasing R＆D investment and strengthening R＆D personnel training are important ways to enhance enterprises＇ market competitiveness. Based on the evaluation indexes which can reflect enterprise profitability and development ability and taking as sample the 2010-2014 data from Shanghai and Shenzhen A-share listed companies, this paper studies the influnee of current R＆D investment intensity and current R＆D personnel intensity on current enterprise development ability and profitability via descriptive statistics and multiple linear regression analysis while further studying the lagged effects of R＆D investment intensity and R＆D personnel intensity on enterprise development ability and profitability. The research conclusion is conducive for enterprises to stress R＆D investment and continuously improve their innovation ability and efficiency, and is also conducive for government to formulate corresponding policies so as to guide enterprises to increase their independent research and development efforts, improve their international competitiveness and promote sustained and heahhy economic growth.