An analysis of R&D efficiency of global top company —based on the panel data of 202 global top companies during the period 1996-2006

Author

Chen, De-Zhi ; Pang, Shu-Yuan

Author_Institution

Antai Coll. of Econ. & Manage., Shanghai Jiaotong Univ., Shanghai, China

fYear

2009

fDate

14-16 Sept. 2009

Firstpage

1559

Lastpage

1565

Abstract

This paper examines the R&D efficiency with the panel data of 202 companies from the top 1250 global companies by R&D investment during the period 1996-2006. Employing the method of Cobb-Douglas production function, The results show: there is significant positive correlation between R&D input and enterprise performance in 14 industrial sections of all the 17 industrial sections; In these industrial sections, R&D input is the greatest contribution to enterprise performance; R&D input has bigger output in high-tech industrial sections than in the other sections; from the overall, the R&D efficiency of global top companies is higher than the companies studied by other scholars before.

Keywords

investment; research and development; statistical analysis; Cobb-Douglas production function; R&D efficiency; R&D investment; enterprise performance; global top company; Companies; Conference management; Data engineering; Engineering management; Investments; Marketing and sales; Production; Research and development; Research and development management; Statistics; Cobb-Douglas production function; R&D; R&D efficiency;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering, 2009. ICMSE 2009. International Conference on

Conference_Location

Moscow

Print_ISBN

978-1-4244-3970-6

Electronic_ISBN

978-1-4244-3971-3

Type

conf

DOI

10.1109/ICMSE.2009.5317931

Filename

5317931