Strategic Resource Input And Output Effect And Collocation Optimization

According to the strategic resources school, the main problem for corporatestrategy to settle is how to cultivate an unique strategic resource, and the ability tooptimize the allocation of strategic resources to the farthest. Business managers putstrategic resources into the production and business operation activities to achieveoperating income, and constantly adjust the resource allocation decisions, get rid ofthe habital meditation and path dependence, and maintain a competitive advantage.Based on this view, the paper studies the relationship between the input and output ofthe enterprise strategic resources, and seek for a dynamic adjustment scheme ofstrategic resource optimize allocation, and provide some references for the enterpriseresource optimization allocation decisions.The manifestation of enterprise strategy is the enterprise resources allocation,and the resources are owned by or obtainable for enterprises. The paper focuses onthree key strategic resources allocation decisions as well as their relationship betweenthe corporate performance, and explore one strategic resource optimal allocationscheme. Based upon the extended Cobb-Douglas production function, study therelationship of three key strategic resources inputs and product costs in enterprises,and the influence of growth-rate adjustments of the strategic resources on productcosts productivity, using panel data from Shenzhen SME Board from2007to2012.Results show that increasing marketing spending and research and developmentspending reduce product costs, but increasing human resource spending augmentsproduct costs，indicating the lack of efficient human resources management in smalland medium-sized enterprise. In the high-tech enterprises, effect of research anddevelopment resources on the product cost is larger than on that of non-high-techenterprises. Growth-rate adjustments in human resource stock and research anddevelopment resource stock are positively associated with product costs productivity,while adjustment in marketing resource stock is negatively associated with productcosts productivity. Results show that the two capital stock adjustments are effective toachieve the expected income. Adjustment of marketing resource stock is negativelycorrelated to revenue generated by the product cost in high-tech enterprises, andpositively correlated to revenue generated by the product cost in non-high-techenterprises.Finally, based on the analysis of the influence factors of enterprise research and development inputs, build a dynamic adjustment model of research and developmentinput, and evaluate the parameters of model, and the research and development inputadjustment speed equals to0.4208, adjustment speed reverse measure the sizeadjustment costs of corporate research and development resource allocation scheme,indicating a big adjustment costs in research and development resource collocationoptimization in small and medium-sized enterprises. This paper analyzes research anddevelopment resources input change caused by the different value of the adjustmentparameter, and its impact on the change of research and development resource inputand output elasticity. The empirical results show when the enterprise research anddevelopment resources adjust speed equals0.7, research and development resourcesinput and output effect achieve optimal result, input and output of whole enterprisealso achieve the optimal result.