Research On The Influence Of R&D Investment On The Financial Performance Of Equipment Manufacturing Enterprises Under The Background Of High-quality Development

At present,China’s economic development has entered the stage of development of high quality by the high-speed growth stage,and high quality development needs solid micro foundation,enterprise is the micro main body,to improve the quality of economic growth can only be fundamentally enterprises to realize high quality development promote the economic growth mode from extensive to intensive changes,technological progress is the fundamental path to realize high quality development,technological innovation is the key to realize technological progress.At present,technological innovation plays an increasingly important role in the process of realizing high-quality development of enterprises.As the material foundation and important premise of technological innovation,R&D investment has a significant impact on the improvement of financial performance and high-quality development of enterprises.It is of great theoretical and practical significance to study the impact of R&D investment on the financial performance of equipment manufacturing enterprises under the background of high-quality development and to clarify the impact of R&D investment on the financial performance of equipment manufacturing enterprises under the background of high-quality development.Based on the impact on the financial performance of R&D results,on the basis of combing for R&D financial performance of the overall impact of equipment manufacturing enterprises,the influence of R&D investment on equipment manufacturing enterprise innovation output,innovation output of equipment manufacturing enterprise financial performance and the influence of the innovation output of intermediary role for analysis.The influence model of R&D investment on the financial performance of equipment manufacturing enterprises under the background of high quality development is established.Based on the characteristics of equipment manufacturing enterprises,the financial performance measurement index of equipment manufacturing enterprises under the background of high-quality development is constructed.This paper takes 480 listed equipment manufacturing enterprises related data in 2015-2018 as the research object for empirical research,from high quality development under the background of the impact of R&D investment on equipment manufacturing enterprise financial performance regression analysis,research and development into regression analysis of the impact of equipment manufacturing enterprise innovation output,innovation output of equipment manufacturing enterprise financial performance impact of regression analysis,the innovation output of equipment manufacturing enterprise financial performance of the mediation role analysis empirically aspects such as the high quality development under the background of the influence of R&D investment on equipment manufacturing enterprise financial performance.According to the results of the empirical evaluation from establishing and perfecting the innovation and risk prevention and control mechanism,the positive and effective to carry out research and development innovation,speed up technological innovation output of effective transformation,setting clear equipment manufacturing enterprise financial performance evaluation assessment standards,improve the system of financial information disclosure and so on,puts forward the development of high quality under the background of improving the performance of R&D investment on equipment manufacturing enterprise financial countermeasures and suggestions...