The Impact of R&D Investment on Innovation-driven Efficiency-Based on the Application of Input-output Theory in Financial Analysis Teaching

Authors

  • Mingyao Hu
  • Ming Fang

DOI:

https://doi.org/10.54691/bcpbm.v19i.810

Keywords:

input-output theory, R&D investment, innovation drives efficiency, high-tech enterprises

Abstract

This article applies the input and output theory to the empirical teaching of financial analysis. Based on data from 2013-2018 of high-tech enterprises in Hubei Province, this paper conducts an empirical study on the impact of R&D investment on various aspects of innovation-driven efficiency. This paper constructs a DEA model, uses DEAP2.1 software to calculate the innovation-driven efficiency of an enterprise, and discusses the impact of R&D investment on enterprise technical efficiency and scale efficiency. Establish a multiple regression model and use Stata software to study the impact of R&D investment intensity and R&D personnel investment intensity on the efficiency of corporate innovation-driven.

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References

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Li Yanping,Mao Yanbin,Shi Yao. “Research on the Evaluation of Innovation-driven Development——Taking the Middle Reaches of the Yangtze River Economic Belt as an Example” [J].Science and Technology Progress and Policy,2016,33(22):103-108.

Xu Huanzhang, Guo Qianwen, Wang Yi. “Research on the relationship between R&D investment, ownership structure and corporate performance” [J/OL]. Finance and Accounting Newsletter: 1-9[2020-01-15]. https://doi.org/10.16144/j.cnki.issn1002-8072.20191209.001.

Lin Yaling, Zheng Yanan. “Evaluation of Innovation Driven Efficiency Based on ECM——Taking a Province as an Example” [J].Finance and Economics,2019(02):131-133.

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Published

2022-05-31

How to Cite

Hu, M., & Fang, M. (2022). The Impact of R&D Investment on Innovation-driven Efficiency-Based on the Application of Input-output Theory in Financial Analysis Teaching. BCP Business & Management, 19, 239-245. https://doi.org/10.54691/bcpbm.v19i.810