On the Efficiency of R&D Investment of the Manufacturing Industries in China

被引：0
|
作者：
Xu, Tao [1 ]
机构：
[1] Soochow Univ, Suzhou, Jiangsu, Peoples R China
来源：
2012 INTERNATIONAL CONFERENCE ON FUTURE INFORMATION TECHNOLOGY AND MANAGEMENT SCIENCE & ENGINEERING (FITMSE 2012) | 2012年 / 14卷
关键词：
R&D investment; Total Factor Productivity; Manufacturing Industries;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
Research and Development (R&D) expenditure efficiency refers to the impact of R&D expenditure on total factor productivity (TFP). In this paper, we have analyzed the impact of R&D expenditure on TFP with a nonlinear panel data model, and found there exists a nonlinear impact of R&D expenditure on TFP and there is an optimal level for R&D investment. When R&D expenditure is lower than this level, to quicken R&D investment would enhance TFP and R&D efficiency.
引用
收藏
页码：388 / 392
页数：5
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