Research On The R&D Investment Impact On Financial Performance In The GEM IT Enterprises

High-tech enterprises want to survive and development, technological innovation is the necessary means, and R & D activities can be said is a source of technological innovation. In recent years, the economy in varying degrees throughout the world, has been severely affected the US financial crisis in 2008, companies will be faced with enormous challenges of survival and development. For the high-tech enterprises, in order to survive and develop, companies are constantly aware of the importance of technological innovation, and hope that through research and development activities to create new products, to exaggerate the market share, and improve business performance, our government from many high-tech companies to encourage research and development activities in the country, high-tech enterprises are the main body of research and development activities, carrying more product innovations, therefore, from high-tech companies as a starting point, research on R & D investment in financial performance impact is very important.In this paper, the GEM IT R & D investment research on the impact of the financial performance of the proposition, in reference to past research results at home and abroad, and related R & D investment, financial performance and other related theories are discussed, based on the proposed R & D investment strength of high-tech IT enterprise’s financial performance has a positive impact and the effects will be a lag period assumption, followed in the collection of the sample data 45 GEM IT companies, the use of statistical software for the empirical analysis to prove the existence of IT business is current R & D investment and the current period’s profitability negatively correlated with lagged two periods of R & D investment intensity and profitability is significantly positively related to the impact of input intensity R & D personnel on corporate profitability and growth capacity the existence of a two-year lag, there is a one-year lag affect the strength of the head of R & D funding growth ability. Finally, empirical research he had done before, and theoretical analysis, combining the characteristics of information technology within the enterprise gives the relevant recommendations, including a clear position in the corporate R & D activities to improve awareness of innovation, increase investment in research; R & D activities should have continuity; the government should increase support for efforts to encourage the IT industry R & D investment; disclosure of R & D investment norms, enhancing research and development data accuracy.