摘要
以2012-2014在深圳证券交易所创业板上市的信息技术类上市公司为研究样本,实证检验研发投入强度对公司盈利能力及发展能力的影响。研究发现,研发投入强度与公司当期盈利能力和成长能力显著负相关,与滞后一期的盈利能力和成长能力正相关。研究结果表明,研发投入在当期并不能为企业带来收益,但从长期来看,研发投入对信息技术类公司是必要的。
Taking listed information-technology firms in growth enterprises market at Shenzhen stock exchange in 2012-2014 as research examples, empirically analysis how R&D intensity has an impact on corporate profitability and development ability. The research discovers that R&D intensity has a significant negative effect on the company’s current profitability and growth ability, while has a positive effect on the lag of profitability and growth ability. The results show that in the long run, R&D is necessary to information-technology firms while it cannot benefit for the enterprise in the current period.
出处
《湖南涉外经济学院学报》
2016年第4期38-41,共4页
Journal of Hunan International Economics University
基金
安徽财经大学研究生科研创新基金项目(CXJJ2014109)
关键词
研发投入
盈利能力
成长能力
信息技术业
R&D investment
profitability
growth ability
information technology industry
