R & D Activities, Industry Concentration And Economic Performance

Since reform and opening, China's economic growth is rapid, GDP growth continues to accelerate, the comprehensive national strength strengthened significantly. People's living standards is increasing, China is moving toward the direction of the economically developed countries, especially when the countries are still suffering from the economic crisis strongly ,but China can continue to maintain high economic growth rate. It has indicated that China's economic strength can not be underestimated.However, we see high economic growth rate, but also with economic development problems. China's economic growth in recent years shows a more static characteristics, economic growth is Underpowered; Furthermore, China's economic development over the years relied on high investment, high consumption and low-quality, low output of the extensive economic growth way, these constraints have become a major factor in hindering China's economic development. So to sustain the rapid development growth in the new era of China's economy, we must rely on technological innovation and technological progress. As a result, the research of impediment that R&D activities to economic development is particularly important.This paper first reviews the relevant academic research about the relationship between activities and economic performance. In succession based on the results of previous studies, we propose measure of R&D activities and economic performance, to empirical analysis its relationship. Then add the factors of market concentration. Finally, give the relevant policy recommendations based on the previous conclusion.To explore the relationship between R&D activities and economic performance, the author has taken two levels of R&D activities (R&D investment and R&D results) into account, then considered relationship between the R&D investment and R&D results and the economic performance, and concluded that R&D investment and R&D results has positive affect to economic performance; on the basis of research, the author is in order to explore the timeliness of R&D activities to economic performance, the paper concluded that R&D investment and R&D results on the economic performance of the delay effect is exist and impact of results will continue to five period; finally considerate the SCP framework, in order to make this argument more fully, adding the market structure factors to analyze the impact on the relationship of research and development activities and economic performance, we have a conclusion that the higher the market concentration, the impact is significant.End of this article, we analyzes some of China's industrial R&D status and the problems in China's industrial structure. Combined with the above empirical results, making a number of recommendations: to increase the amount of our investment in R&D activities and improve the quality of research and development activities; improve industrial concentration to optimize our industrial structure.