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

作者：Chen De zhi^*; Pang Shu yuan

来源：16th International Conference on Management Science and Engineering, Russia, 2009-09-14 to 2009-09-16.

DOI：10.1109/ICMSE.2009.5317931

• R&D
• R&D efficiency
• Cobb-Douglas production function

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.

• 出版日期2009
• 单位上海交通大学