Research On The Performance Of China's Auto Industry Investment In R & D

With the knowledge economy intensity continuously strengthen, The role of science and technology in economy, social progress, the improvement of the people's life and the enhancement of the comprehensive national strength is remarkable. Owing to modern social development is more dependent on the motivity, which comes from the development of science and technology, and puts forward more requirement and expectations to science and technology progress, so the input of science and technology is also increasing. Scientific and technological progress and the market competition promote industrial structure escalated, and R&D activities also are the important forces to promote technological progress and the market competition. Factors in the economic development, the effect and contributions of R&D activities are becoming more and more important. But our country's Auto industry's investment is in a low level in the aspect of R&D activities, which badly affects their competition ability in the international market.The paper bases on our country's Auto industry 43 listed companies in 2007 to 2009 R&D input datas and related the financial analysis. For one thing, uses the method of descriptive analysis and contrast analysis, which in order to make statistical analysis of the current R&D input conditions of Chinese automobile industries; For another thing, uses multivariable linear regression model and selects absolute number and relative number two sets of data to make positive analysis research between R&D input and enterprise performance of Auto industry listed companies.Research results show that:In all, compared with Europe, America an Japan, the R&D input level of our country's automobile industry is low; in our automobile industry, R&D input and enterprise performance exist a obvious positive correlation, the increasing of R&D input expenses promotes the enhancement of enterprise profitability, development capacity and the low carbon economy development capability. The R&D personnel's investment and enterprise performance don't exist obvious correlation.The results are not only provide a theoretical and empirical basis for attaching importance to R&D activities and enhancing R&D input for our automobile industry, but also for our other industries. At last, they are helpful for comprehensively promoting our country's competitive power of enterprises.