Study On The Relationship Between The R&D Investment And The Financial Performance Of Guangdong Information Equipment Listed Company

The information technology industry which has a rapid development has become one of the leading industries of the national economf.and it has a strong stimulating role in the continued development of the national economy. Updated by the Information Technology industry is very fast, how to conduct effective research and development activities is particularly important for information technology companies. Therefore, it is necessary and meaningful to the information technology industry is the most important and most basic information equipment manufacturing R&D investment of listed companies and financial performance. For now, China’s information equipment manufacturing company R&D investment and financial performance relationship is relatively small, especially in Guangdong Province information equipment manufacturing industry R&D investment and financial performance relationship is even less, is an urgent need toinformation equipment manufacturing enterprise R&D investment and financial performance. This article is based on this need, information equipment listed companies for the study, correlation analysis, linear regression methods to combine research and R&D investment and financial performance, and the possible relations and issuesanalysis shows, how to better research and development activities make some contribution to the follow-up research and information technology industry.Firstly, this article reviews and synthesises the domestic and international research and related literature, and forms the methods and frameworks on the basis of previous studies. The next step is to define the definition of the concept of information equipment manufacturing industry, R&D investment, and financial performance and further information on the R&D investment and financial performance relevant to the study of basic theory.Secondly,establoshing the empirical assumption model of the relationship between the Guangdong Province information equipment manufacturing listed companies R&D investment and financial firm performance which based on the previous studies and R&D investment theory and financial performance followed by a comprehensive, reasonably determine the R&D input indicators, as well as financial performance indicators.Finally,analying the empirical model of the relationship between the set up R&D investment and financial performance,and effectively verificating the model for correlation analysis and linear regression analysis based on annual financial datas of the20Guangdong information equipment listed companies which fully disclosured the R&D investment datas.in the process of the empirical.And obtaining the relevant conclusions in the analysis of the empirical process and results.