R&D Investment, Intellectual Property Protection and Corporate Performance An Empirical Study Based on 190 Listed Companies in China
- Rongjian Yu, Lu Cheng
- Corresponding Author
- Rongjian Yu
Available Online September 2019.
- https://doi.org/10.2991/jahp-19.2019.75How to use a DOI?
- R&D investment; long-term and short-term performance of enterprises; intellectual property protection
- 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.
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 -