Research On The Impact Of R&D Investment Of Listed Companies In High-end Equipment Manufacturing On Corporate Performance

Innovation can contribute to steady economic and social development.Innovation means breaking the limits of existing development,finding new directions and business opportunities,and exploring new markets.Therefore,countries around the world have seized the innovation highland in order to achieve better development.As an important part of innovation,R&D investment is the key to the development of science and technology.High-end equipment manufacturing integrates the top technologies of different disciplines and fields,with the characteristics of high level of science and technology and great value.The development of high-end equipment manufacturing industry is an important measure to improve China's industrial strength and seize the technological high ground,which is of great significance to accelerating China's economic development and completing the transformation of China into a manufacturing power.This paper selected qualified listed companies as the empirical research objects,combined with the understanding of Schumpeter's innovation theory,and applied multiple regression and group regression ways to explore the effect of R&D investment on corporate performance in the current period and the lag period.This paper aims to reveal the effect of R&D investment in China's high-end equipment manufacturing industry,laying a theoretical foundation and offering Suggestions for China's assembly manufacturing industry to complete the strategic transformation of high precision and high added value.