Proceedings of the 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019)

R&D Investment, Intellectual Property Protection and Corporate Performance An Empirical Study Based on 190 Listed Companies in China

Authors
Rongjian Yu, Lu Cheng
Corresponding Author
Rongjian Yu
Available Online September 2019.
DOI
https://doi.org/10.2991/jahp-19.2019.75How to use a DOI?
Keywords
R&D investment; long-term and short-term performance of enterprises; intellectual property protection
Abstract
Based on the knowledge-based theory, this study uses multiple regression methods to study the performance mechanism of R&D investment by using data from 190 GEM listed companies in China from 2011 to 2015. The main conclusions obtained include: first, R&D investment promotes long-term performance better than short-term performance; second, the intellectual property protection positively regulates the relationship between R&D investment and long-term and short-term performance of enterprises and in areas with strong intellectual property protection, and R&D investment can improve long-term and short-term performance of enterprises. The government should increase the protection of intellectual property rights and protect corporate profits. Enterprises should actively carry out R&D to maintain the competitive advantage of enterprises, thus bringing more profits to enterprises.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Rongjian Yu
AU  - Lu Cheng
PY  - 2019/09
DA  - 2019/09
TI  - R&D Investment, Intellectual Property Protection and Corporate Performance An Empirical Study Based on 190 Listed Companies in China
BT  - The 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/jahp-19.2019.75
DO  - https://doi.org/10.2991/jahp-19.2019.75
ID  - Yu2019/09
ER  -