Empirical Research On The Influence Of R&D On The Competitiveness Of Enterprises Of Listed Companies Of Strategic Emerging Industries

At present,the development of our industry has many problems,such as unreasonable industrial structure,overcapacity and low competitiveness.The development of strategic emerging industries is an important measure to transform the development of China's economy.Recently,The State Council issued a series of policies to support the development of China's strategic emerging industries.Innovation is the core elements of strategic emerging industries,which comes from the core technology of companies.The original core technology is acquired by enterprises through R&D activities,which can be used for the optimization of product structure and production process.Competitive advantage is the basis of the industry development.Our study contributes to have a profound understanding of the strategic emerging industries and promote the healthy growth of the whole industry.Therefore,we studied the current development situation of listed companies belonged to China's strategic emerging industries and the impact of its internal and external environment from the perspective of R&D.In our research,we discuss the path of improving enterprises' competitiveness of strategic emerging industries and strive to provide supports for the healthy growth of strategic emerging industries.On the basis of the previous research,we expound the theoretical basis of how the R&D impacts the competitiveness of enterprises.Then we expound the internal and external environment of strategic emerging enterprises.We use 447 data of listed companies belonged to strategic emerging industries during 2013-2015 in the article.In the empirical test,we first establish the index system from the three aspects of market competitiveness,investment competitiveness and management competitiveness to measure the level of enterprise competition;then according to the theoretical analysis,we put forward the hypothesis and establish the model.The conclusion is that R&D of strategic emerging enterprises has a significant positive impact on enterprises' competitiveness.Based on the internal and external environment,we achieve two conclusions.First,R&D of strategic emerging enterprise has a significant impact on enterprises' competitiveness in different environment.The second is that enterprise stays longer has a more significant impact.The innovation of this paper lies in two aspects: the research object and the research angle.First,former researches mainly concentrated in high-tech enterprises and industrial enterprises and there is little research on strategic emerging enterprises.R&D of Strategic emerging industry can be very large.Our study helps to promote the healthy development of the industry.Second,this paper analyzes the influence of R&D on the enterprises' competitiveness from the perspective of internal and external environment,which can be another aspect of innovation.