The impact of corporate R&D on the transformation of intellectual property into intangible assets

Yinghua Lin and Jingjing Ye

Finance Research Letters, 2024, vol. 70, issue C

Abstract: This study explores how corporate R&D impacts the conversion of intellectual property into intangible assets. Analyzing data from 2009 to 2022 across 6,487 observations from Chinese A-share listed companies, regression models examine R&D's influence, with moderating variables considered. Results consistently show a significant positive correlation between R&D investment and innovation propensity (p < 0.001). The overhead rate positively moderates this relationship, while ownership balance and employee density negatively moderate it. These findings highlight the crucial role of R&D in fostering innovation and emphasize the impact of strategic resource allocation and organizational structures on innovative outcomes.

Keywords: Corporate R&D; Intellectual property; Intangible assets, Empirical analysis (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324013667
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324013667

DOI: 10.1016/j.frl.2024.106337

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().