| The 2016 "government work report" proposed to vigorously develop environmental protection industry to a pillar industry of our country.In fact,in recent years,China's environmental problems have a high fever,Environmental problems become the "sword Chris Damour" suspended on head of the economic and social development of our country.How to solve the coexistence of China's environment and economic development has become a topic of the whole people,the development of environmental protection industry can not only develop China's economic,but also get the clear water and blue sky.But at present,how does the China's environmental protection industry develop?As a strategic emerging industries,what's the environmental protection industry R&D?will R&D investment produce a"crowding out effect" onto the output of the enterprise?All of these problems need to be solved.The research of this paper is based on the relationship between R&D investment and the development of China's energy saving and environmental protection industry.In this paper,the 37 environmental Corporation in our country is the research object,focusing on research and development investment to the performance of China's environmental protection Corporation,by the DEA model of the comprehensive performance of listed companies of China's environmental protection were measured and then use this result to join the R&D input,and selected equity concentration,total assets,assets and liabilities rate as control variables panel data regression.It is concluded:1.investment in research and development of China's environmental protection company performance has a positive correlation relationship,but this positive correlation is not strong.This is mainly because China's environmental protection industry is still in its early stages of development;2.R&D investment has a significant impact on the performance of China's environmental protection Corporation.Therefore,this paper suggests:1.to perfect innovation support policy;2.to perfect market innovation mechanism;3 to strengthen the enterprise innovation consciousness,establish the enterprise innovation system. |
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