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The impact of corporate R&D on the transformation of intellectual property into intangible assets

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  • Lin, Yinghua
  • Ye, Jingjing

Abstract

This study explores how corporate R&D impacts the conversion of intellectual property into intangible assets. Analyzing data from 2009 to 2022 across 6,487 observations from Chinese A-share listed companies, regression models examine R&D's influence, with moderating variables considered. Results consistently show a significant positive correlation between R&D investment and innovation propensity (p < 0.001). The overhead rate positively moderates this relationship, while ownership balance and employee density negatively moderate it. These findings highlight the crucial role of R&D in fostering innovation and emphasize the impact of strategic resource allocation and organizational structures on innovative outcomes.

Suggested Citation

  • Lin, Yinghua & Ye, Jingjing, 2024. "The impact of corporate R&D on the transformation of intellectual property into intangible assets," Finance Research Letters, Elsevier, vol. 70(C).
    • Handle: RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324013667
    DOI: 10.1016/j.frl.2024.106337
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    References listed on IDEAS

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