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

DOI

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.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - Proceedings of the 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019)
PB  - Atlantis Press
SP  - 354
EP  - 359
SN  - 2352-5428
UR  - https://doi.org/10.2991/jahp-19.2019.75
DO  - 10.2991/jahp-19.2019.75
ID  - Yu2019/09
ER  -