A Case Study on R&D Investment of Technology-Intensive Private Enterprise in Sichuan Province of China

Abstract

At present, private enterprises in Sichuan Province of China are confronted with the problem of “weak in innovation and lack of stamina”. The studies on research and development (R&D) Investment of technology-intensive enterprises is of great significance in terms of optimizing the industrial structure of Sichuan Province and promoting innovation of private economy. First of all, this paper built up a model of innovation chain with R&D investment as the core through theoretical analysis; secondly, CDZS Software Company Limited, a technology-intensive private enterprise in Southwest China, was selected as the research subject; thirdly, the innovation investment of CDZS Software Company Limited was studied through descriptive and statistical analysis. Finally, the basic path of technology-intensive enterprises in R&D investment is obtained through data analysis, and the feasibility of “innovation chain theory with R&D investment as the core” was verified. From a theoretical perspective, this paper contributed to the literature on “innovation chain” and “R&D investment of technology-intensive enterprises” at a micro-level. From a practical perspective, this paper provided a reference for government’s decision-making of R&D investment activities, which is helpful in terms of improving independent innovation abilities of technology-intensive private enterprises in Sichuan Province.