The Financial Analysis And Decision Of MINDRAY DC-6 Diagnostic Ultrasound System R&D Project

Independent innovation is a great state policy of building the innovation-oriented country. The management of Innovation R&D project, especially that of the financial affairs is influencing the effect of the research and development directly which correspondingly get the specific attention. The innovative enterprises are the leading force to construct the innovation-oriented country and the independent innovation ability is not only the important symbol of the key competitiveness for a enterprise, but also the key to realize the sustainable development of itself. At present, the related theories in and abroad concerning the R&D project have been basically formed and some of its pratical experiences have been accumulated. However the level of project management especially that of project financial management is relatively low, which fails to provide convincing financial evidence for the R&D decisions , causing high risks of making the decision and finally influences the overall operation of the enterprises seriously.MINDRAY pay great attention to the R&D investment and have already built up a comparatively advanced R&D management system within the industry, but its financial affairs are not taken into the account and the R&D projects still lack systematical and efficient financial analysis during the practical operations. Combining with the experiences of participating in the high-tech R&D project management work in MINDRAY,this paper firstly analyzes the present conditions and existent problems of R&D management in MINDRAY, and then figure out the necessities of financial analyses and decisions. Meanwhile, according to the theories and practices of financial analysis as well as decisions on R&D project both in and abroad, taking MINDRAY DC-6 Diagnostic Ultrasound System R&D Project for an example, establish a set of financial analysis theories and practice models aiming at the decision process of high-tech R&D, and bring up the main strategies for MINDRAY. to carry out a finance management on R&D project, hoping to guide project members particularly project manager to analyze the feasibility of a R&D project from the view of finance and providing valuable information for a scientific investment and financing.