Impacts of Ownership Structure on R&D Investment in GEM companies

R&D is the remarkable feature of the enterprise innovation,it has important significance to promote the construction of national science and technology. Based on growth enterprises market companies'data from 2010 to 2013,this article analyzes the influence between the ownership concentration,equity balance degree as well as executives shareholding and the R&D input. The empirical results show that the ownership concentration has no significant relationship with R&D input, the degree of ownership balance and executives shareholding is positively related to the R&D input,and when executives shareholding reaches a certain proportion,it has more significant influence on R&D input.