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      IMPACT OF RESEARCH AND DEVELOPMENT ON EQUIPMENT MANUFACTURING INDUSTRY IN CHINA' S LIAONING PROVINCE

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      https://www.riss.kr/link?id=T16553320

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      다국어 초록 (Multilingual Abstract) kakao i 다국어 번역

      This study analyzes how enterprise innovation factors impact the performance of the equipment manufacturing industry(EMI) and the relationship between S&TI capability and the firm performance of the Chinese EMI. Many experts believe that the importance of technological innovation to China's EMI is self-evident. As one of the significant industrial Provinces in China, what is the relationship between the Liaoning EMI performance's research and development (R&D) capability? Does it promote the improvement of enterprise performance? What factors affect their relationship? This study invests the panel data in analyzing the impact of R&D on the economic performance of EMI in Liaoning Province, China. Based on innovation theory and the input-output analysis method, this study investigates the contribution rate of the Liaoning EMI to the national economy. It discusses the determinants of the Liaoning EMI's S&T input and output. The input-output analysis method analyzes the interaction between input-output factors and their influence on enterprise performance. This study found that R&D expenditure has a multiplier effect on income increase. The economic benefits of R&D personnel per unit of equipment manufacturing enterprises are disproportionate, and the export of new products created by unit investment is insufficient.  The main contribution of this study is to test the impact of R&D input on EMI output through the intensity index. The R&D input of EMI in Liaoning Province has a significant impact on the number of patent applications and sales revenue of new products but has no significant impact on the export of new products. It also examines the differential impact of EMI sub-industry R&D activities on enterprise performance. The findings are likely to interest economic policymakers, business operators, researchers, and individuals seeking to invest in technological innovation in EMI.
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      This study analyzes how enterprise innovation factors impact the performance of the equipment manufacturing industry(EMI) and the relationship between S&TI capability and the firm performance of the Chinese EMI. Many experts believe that the impor...

      This study analyzes how enterprise innovation factors impact the performance of the equipment manufacturing industry(EMI) and the relationship between S&TI capability and the firm performance of the Chinese EMI. Many experts believe that the importance of technological innovation to China's EMI is self-evident. As one of the significant industrial Provinces in China, what is the relationship between the Liaoning EMI performance's research and development (R&D) capability? Does it promote the improvement of enterprise performance? What factors affect their relationship? This study invests the panel data in analyzing the impact of R&D on the economic performance of EMI in Liaoning Province, China. Based on innovation theory and the input-output analysis method, this study investigates the contribution rate of the Liaoning EMI to the national economy. It discusses the determinants of the Liaoning EMI's S&T input and output. The input-output analysis method analyzes the interaction between input-output factors and their influence on enterprise performance. This study found that R&D expenditure has a multiplier effect on income increase. The economic benefits of R&D personnel per unit of equipment manufacturing enterprises are disproportionate, and the export of new products created by unit investment is insufficient.  The main contribution of this study is to test the impact of R&D input on EMI output through the intensity index. The R&D input of EMI in Liaoning Province has a significant impact on the number of patent applications and sales revenue of new products but has no significant impact on the export of new products. It also examines the differential impact of EMI sub-industry R&D activities on enterprise performance. The findings are likely to interest economic policymakers, business operators, researchers, and individuals seeking to invest in technological innovation in EMI.

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      목차 (Table of Contents)

      • Table of Content
      • Abstract.................................................................................................................................I
      • Acknowledgment...............................................................................................................III
      • List of Tables.....................................................................................................................IV
      • List of Figures....................................................................................................................VI
      • Table of Content
      • Abstract.................................................................................................................................I
      • Acknowledgment...............................................................................................................III
      • List of Tables.....................................................................................................................IV
      • List of Figures....................................................................................................................VI
      • Chapter 1: Introduction........................................................................................................1
      • Background of the Study.............................................................................................2
      • Development of EMI in China............................................................................2
      • Development of research and development innovation of China’s EMI ............3
      • Development of Liaoning Province's EMI..........................................................4
      • R&D capability of EMI.......................................................................................6
      • Problem Statement.......................................................................................................7
      • Purpose of the Study..................................................................................................10
      • Research Questions ...................................................................................................11
      • Definitions.................................................................................................................12
      • Significance of the Study...........................................................................................16
      • Significance of the Practice...............................................................................16
      • Significance to Theory.......................................................................................17
      • Summary............................................................................................................18
      • Chapter 2: Literature Review ............................................................................................20
      • Introduction of EMI firms.........................................................................................20
      • The characteristics of the EMI...........................................................................20
      • The regional heterogeneity of the development of EMI....................................21
      • Innovation capability of EMI ....................................................................................24
      • Technological innovation capability (TIC) .......................................................25
      • Institutional innovation capability.....................................................................27
      • Innovation performance.....................................................................................29
      • R&D factors of EMI..................................................................................................30
      • Internal innovation factors.................................................................................31
      • Government support..........................................................................................34
      • Cluster research .................................................................................................38
      • The relationship between R&D and firm performance.............................................41
      • R&D investment correlates positively with enterprise performance.................41
      • R&D investment correlates negatively with enterprise performance................42
      • Summary....................................................................................................................43
      • Chapter 3: Research Method(s).........................................................................................45
      • Research design.........................................................................................................46
      • Variables....................................................................................................................52
      • Data collection...........................................................................................................58
      • Summary....................................................................................................................63
      • Chapter 4: Results and Discussion....................................................................................65
      • The contribution of EMI to Liaoning Province.........................................................65
      • The contribution of R&D input in Liaoning Province EMI......................................90
      • The contribution of R&D output in Liaoning Province EMI..................................101
      • R&D activities and performance of Liaoning Province EMI..................................122
      • Chapter 5: Conclusion.....................................................................................................132
      • Interpretation of Findings........................................................................................132
      • Research Limitations...............................................................................................136
      • References .......................................................................................................................138
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      참고문헌 (Reference)

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