Research on the impact of R&D investment on the performance of equipment manufacturing enterprises

Abstract

R&Dinvestment is a key factor for enterprises to enhance core competitiveness and achieve sustainable development, and also a key factor to improve the performance of equipment manufacturing enterprises. Taking 292 listed companies in equipment manufacturing industry as the research object, this paper explores the impact of R&D investment intensity and R&D personnel ratio on enterprise performance by analyzing the impact of R&D investment intensity and R&D personnel ratio on enterprise performance. The R&D input intensity of Listed Companies in China's equipment manufacturing industry is at a medium level, and their competitiveness is not strong. There is a significant negative correlation between the current R&D input intensity and the current performance of the enterprise. There is a significant positive correlation between the current R&D input intensity and the current business performance of the enterprise. However, there is no significant relationship between the current R&D personnel ratio and the current performance of the enterprise.