Research On R&D Input And Investment Effect Of Core Technology

With the trade war between America and China.,Chinese enterprises have fully realized the importance of core technology.General Secretary Xi Jinping pointed out many times in his speeches that only by mastering the key core technologies in his own hands can the national economic security,national defense security and other security be fundamentally guaranteed.Therefore,building the core technology of enterprises is an urgent issue to be solved in our country from an economic power to an economic power.The new energy battery is the core component of the new energy vehicle.The new energy battery technology is the key technology of the new energy vehicle industry.It is related to the long-term development of the new energy vehicle industry and has been paid close attention and support by the country.Since the founding of CATL,the new energy battery has been regarded as the key technology of the enterprise,and the research and development,production and sales of the new energy power battery have been the main business,and it has been leading the way in the field of technology innovation in the same industry in China.In less than a year,the market capitalization of enterprises has reached 190 billion yuan,becoming the "unicorn" enterprise of the new energy industry.In recent years,the Chinese market has gradually formed a dominant company in the CATL.A competitive situation.In-depth study of core technology R & D input and its positive investment effect in CATL,summarize its successful experience in core technology R & D,clarify the mechanism and effect of core technology R & D investment and investment effect,Furthermore,it is of great theoretical and practical significance to provide reference for other enterprises.On the basis of input-output theory,economic growth theory and core competence theory,this paper makes a comparative analysis of R & D input from 2014 to 2018 in CATL from vertical and horizontal aspects with the method of case study.The investment effects of R & D investment on enterprise financial value,market value and enterprise competitiveness are analyzed.The research finds that the R & D investment in CATL has the characteristics of high-standard technology,excellent R& D team,strong R & D incentive,strong R & D investment and leading independent R & D;In the long run,the investment in R & D of core technology is to improve the positive investment of enterprises.The effect then enhances the enterprise value the key.And put forward suggestions for new energy automobile industry: new energy power battery industry should increase the investment of independent core technology research and development,should propose vertical integration of R & D mode;Propose effective R & D incentive mechanism,in order to enhance the competitive advantage of the industry,achieve healthy and sustainable development of the industry.In order to enhance the competitive advantage of the whole country,the government should strengthen the input of the core technology research and development in the aspects of industrial policy making and industry guidance.