Study Of The Influence On The Performance Of The Company Into The R&D

Innovation is an importantforce to pushforwardthe developmentof a country and anation,but also the important strength ofpromotingthedevelopment of society. In the face ofanew round of globalscience and technologyrevolution and industrialrevolutionof thegreatopportunities and challenges, In the face of the economicdevelopment in the newconditionunder thetrend andcharacteristics, In the face ofthe realization of strive for two"one hundredyear"objectivehistorical task andrequirement,we must deepen thereform of system andmechanism, speed up the implementation ofthe strategy of innovation drivendevelopment.Economicgrowthdepends ontechnology innovation,and R&D activitiesandisthesource of technological innovation. Enterprises as the mainstay of technologicalinnovation,toimprove enterprise performance,it is necessary to increaseinvestment in researchand development, R&D investmenthas risks,so theresearch on Enterprise R&Dinvestmentstatusand its correlation withthe enterprise performancebecomes critical.Based on thepreviousliterature review found that,in determining the R&Dinvestmentvalue,some researchersusethe reporton the "development expenditures"currentbookbalance,some researchersusedfor R&D ofthe amount ofannual reportdisclosed in the notes. AR&D investmentshould not onlyinclude developmentexpense also includes amountistheresearchcost, Based on thisfactor,this paperfor the calculation ofR&Dinvestmentis thecostandcapitalizationamountplusthe total，To make the results more accurate. The research method ofthe thesis,taking the Jingjinjimanufacturinglisting Corporationas a sample,using thenormativeresearch and empirical research,dissertation mainly based on empirical research. Firstselectthe input indicatorsandfinancial performance indicators of R&D,and then build themodelbased on the basic theory,and thenproposed correlationassumptions,into theobservationdatawas analyzed by Pearsoncorrelation testand regression.According to theresults of the empirical conclusions: R&D investmenthas a significantpositiveeffect on profitability,the lagperiod of two years, That R&D investmenttoenterpriseprofitabilityhas a positive effect; R&D investmentand growth abilitywaspositivelyrelatedrelationship,lagperiod is one year,that R&D investmenthave a positive effect ongrowth ability; R&D strength has no obviouscorrelation to theoperating cash flow ratio,sothe development ofrelations between the input andsolvencyis not clear. The above researchresultsandthefindings during the researchbased on the problems,the paper proposed thefollowingcorrespondingmeasures for improvement: Enhance theconsciousness ofinnovation,increase investment in research and development; Improving the disclosureofR&D informationin the notes to financial statement; To create a fair competitiveenvironmentof encouraging technological innovation,market-orientedmechanism for theestablishmentof scientific and technological innovation; To strengthen cooperation,promotethe developmentof Beijing Tianjin HebeiScience and technologycooperation.