An Empirical Research on High-Tech Enterprises in Zhejiang Province Between Enterprise S&T Investment and Performance: Enterprises Competitiveness as an Intermediary Variable

Cheng Hua (), Yu-peng Zhang and Xiao-gang Yang
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Cheng Hua: University of Zhejiang Sci-ech
Yu-peng Zhang: University of Zhejiang Sci-ech
Xiao-gang Yang: University of Zhejiang Sci-ech

Chapter Chapter 42 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 381-389 from Springer

Abstract: Abstract Based on literature search, and the data from 307 high-tech enterprises in Zhejiang Province (2008–2010), the paper constructs a model of enterprise investment in science and technology, enterprises competitiveness and performance, and proceeds empirical analysis. The results shows as follow: the S&T (science and technology) input of high-tech enterprises in Zhejiang province is significant positive correlated with performance. Enterprises competitiveness has part intermediary effect between R&D expenditure and enterprise sales revenue. The number of R&D staff is not significant with performance. Enterprises performance has lag effect to S&T input. The effect of R&D expenditure to performance is better when the interactive role is considered, which returns to scale turns into increasing from decreasing.

Keywords: Enterprise investment in S&T; Enterprises competitiveness; Intermediary effect; Performance (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38433-2_42

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DOI: 10.1007/978-3-642-38433-2_42

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