The Research On R&D Performance Measurement And Control Of High-Tech Enterprises

With the ever-increasing fast speed of technology renovation, intensive market competition and individualized consumption tendency greatly shorten the product lifetime, therefore, competition among enterprises gradually rest with competition in enterprise value and its core competences. Consequently, R&D management renders to be the focus of corporation technological management. R&D capital investment in High-Tech Enterprise accounts for a majority of proportion in its total operating cost, therefore, successive, efficient and prompt R&D core competences has grown out to be lifeline of a company. A problem arises accordingly, that is, how to maintain highly efficient R&D activities in High-Tech Enterprise. In view of the specificity of R&D activities as well as its lifetime function, R&D performance has gained prominence within academic circle at home and abroad and business circle as well. How to measure, ensure and improve R&D performance now has become the theoretical front and hot issue attracting international attention in this domain.This paper aims at establishing R&D performance measurement and control mechanism in order to maintain high R&D performance in the long run. We firstly analyze the present practical application in R&D management and its future development tendency. Based on the above discussion, we outline the whole research frameworks, trying to analyze effective control issue on R&D performance from three aspects respectively, that is, the design, implement and renovation of R&D performance measurement system, choices of R&D management mode and R&D team governance mechanism.Base on the prior literature on related management research, we further examine the contingency factor affecting R&D performance management and functional requirement performance measurement system. Meantime we scheme out corresponding methods as well as feasible advice for R&D performance measurement system, that, overall, offers a set of informed methodology used for effective performance measurement system. Our empirical research examines China's recent status quo about R&D performance measurement system and reveals the positive relationship between available R&D performance measurement and R&D performance, this is, effective R&D performance measurement system enables to perfect R&D performance.Based on R&D performance measurement system involved, an attempt is also made in this paper to discuss R&D activity characteristic in High-Tech Enterprise. It poses fourHIR&D controlling modes according to decision diversification and different marketing degree. Most importantly, we compare their features from the perspective of technical strategic management, R&D organizational management and performance measurement & appraisal. With the supportive empirical results, we illustrate the main controlling modes existing in Chinese High-Tech Enterprise, and get to know, with sound correlative analysis, the productive utility that management controlling mode exerts on performance of High-Tech Enterprise.In the last Section of this paper, we incorporate governance theory into R&D team research, especially examining the difference lying R&D team governance mechanism between High-Tech Enterprise and traditional corporation. Top ten successful factors attributed to effective R&D organizational mode as well as balance mechanism between R&D team controls and surplus claims are elaborated in depth too. The research also points out it's necessary to allocate partial controls and surplus claims to R&D team and team members, moreover an allocation principle balancing R&D team members and other stakeholders is proposed. In conclusion, we examine the incentive mechanism for R&D employees in High-Tech Enterprises. In addition, considering the different development stages of R&D employees in China, we display, with large-scale empirical data, in depth of the R&D performance impact, which is exerted by various elements of the incentive contract.