摘要
研究与开发(R&D)投入作为企业的一项战略选择,受到企业处于战略决策层高层管理者的有限理性和认知模式的制约。以中国制造业上市公司2009—2011年的R&D投入数据为研究样本,探讨CEO能力、动力及权力等特征与R&D投入的关系,结果发现:CEO工作背景、政治关联、持股比例与研发投入存在显著正相关关系。因此,选择具有创新意识、能够发现创新机会、辨别投资风险的CEO并提高其持股比例,有助于企业的R&D投入,进而有助于企业迅速发展;而减少政府对经济的干预,才有利于激发更多企业参与公平公正的市场竞争,减少企业通过政治关联进行寻租的机会,促使企业自主提高R&D投入的比例。
Taking R&D investments from 2009 to 2011 of the listed manufacturer firms in China as samples,this paper explores relationships between their CEO characteristics and R&D investment intensity. The results show that CEO's career background,the relationship with government and the percentage of corporate shares that CEO owns have a statically positive relationship with R&D intensity. Those creative CEOs,who can grasp opportunities for innovation and avoid investment risks,contribute to R&D investment and consequently promote rapidly development of the firms. In addition,the relationship with government is significant to a firm.
出处
《华东师范大学学报（哲学社会科学版）》
CSSCI
北大核心
2014年第6期129-138,153,共10页
Journal of East China Normal University（Humanities and Social Sciences）
关键词
研究与开发
R&D投入
R&D强度
CEO特征
高层梯队理论
Research & Development(R&D),R&D investment,intensity of R&D,CEO Characteristics,Upper Echelons Theory
