Research On Influence Factors Of R&D Expenditures Of Electronics Information Industry

With the ever-increasing fast speed of technology renovation,intensive market competition and individualized consumption tendency greatly shorten the product lifecycle, therefore,competition among enterprises gradually rest with competition in enterprise value and its core competence.Consequently,research and development(R&D) management renders to be the focus of corporation technological management.Since R&D capital investment in High-tech Enterprise accounts for a majority of proportion in its total operating cost,then successive,efficient,prompt and sustainable R&D core competence has grown out to be the lifeline of a company.But some research pointed out,the R&D between enterprises has significant differences.This paper analyses the R&D expenditures of the public companies of electronics information industry of our country to find the main ingredients that influence R&D expenditures.This paper is divided into six sections:the first section is guiding which bring forward the research issue and background;the second section is the theory of R&D expenditures in this section,we define the concept of R&D expenditures analysis the related theories;the third section is the present status of R&D expenditures of electronics information industry; the fourth section is the design of empirical study;the fifth section study on the influence factors of R&D expenditures;the sixth section is about suggestion.The research conclusions are as follows:1.The R&D expenditures motivated by many inner and external factors,which include pursuing of profits,spirit of business executives,culture of creation,demand of market,competition,technology and government stimulation. 2.The R&D expenditures of the companies of electronics information industry exist in the listed companies and increases by degrees,but the level is low.The level most companies' R&D expenditures is between 2%-5%,which shows that the companies still don't have highly competitiveness in international market.3.The first shareholder proportion,the proportion of executive director,state share, the chairman of the board is or not the CEO,stock hold in the hand of senior managers, have prominent relations with the level of R&D expenditures.But the size of board has nothing to do with R&D expenditures.