Research On The Impact Of R&D Expenditure On Enterprise Performance

Innovation is the source of enterprise competitiveness and vitality,enhance the ability of independent innovation can't be separated from R&D investment,as a rational economic entity,the economic interests of the enterprise is the goal.Therefore,it is very necessary to study the influence of R&D expenditure and performance.By studying the relationship between the them,Correlation,Conduction mechanism,These issues are not only the concern of many scholars,but also by the attention of business stakeholders.At present,the research on the relationship between R&D expenditure and corporate performance is mostly through the data collection for empirical regression,From the data level to discuss R&D and performance of what kind of relationship and The relevance and trend of this relationship,But the relationship between the two aspects of the study is still quite lacking at the theoretical level.This paper takes normative research and case study,the study of the case makes the article more targeted and practical,It has a very role model.We select a typical representative of China's information and communication technology industry-Huawei has become a case study.On the basis of expounding the theory of R&D expenditure and enterprise performance,analyzing the mechanism of R&D expenditure and corporate performance,discussing the relationship between the two at the theoretical level The conclusion is that R&D expenditure can improve the independent innovation ability,technical level,improve product efficiency and product quality,expand market share,promote enterprise profitability,operation,debt service,development ability level.We use a comparative analysis of Huawei's actual Situation and Industry average for validation of the mechanism analysis.By reading the relevant books of Huawei development,summed up the development process and development model of Huawei,summed up its R&D policy and catch up with the development of advanced experience,so we can come to the corresponding revelation.Enterprises should raise the awareness of innovation,cultivate corporate culture,increase investment in research and development,to improve the company's research and development capabilities.At the same time to ensure the efficiency of innovation,technology and market organic combination,so that enterprises can be recognized by the market research and development,rather than blind innovation.The state should increase its support for R&D activities,and establish an effective corresponding exchange platform for enterprises,universities and research institutions.Improve the integration of production and research.By doing so can encourage enterprise,universities and research institutions to create greater value and enhance China's comprehensive strength and competitiveness.