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An Empirical Research on High-Tech Enterprises in Zhejiang Province Between Enterprise S&T Investment and Performance: Enterprises Competitiveness as an Intermediary Variable

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Cheng Hua

    (University of Zhejiang Sci-ech)

  • Yu-peng Zhang

    (University of Zhejiang Sci-ech)

  • Xiao-gang Yang

    (University of Zhejiang Sci-ech)

Abstract

Based on literature search, and the data from 307 high-tech enterprises in Zhejiang Province (2008–2010), the paper constructs a model of enterprise investment in science and technology, enterprises competitiveness and performance, and proceeds empirical analysis. The results shows as follow: the S&T (science and technology) input of high-tech enterprises in Zhejiang province is significant positive correlated with performance. Enterprises competitiveness has part intermediary effect between R&D expenditure and enterprise sales revenue. The number of R&D staff is not significant with performance. Enterprises performance has lag effect to S&T input. The effect of R&D expenditure to performance is better when the interactive role is considered, which returns to scale turns into increasing from decreasing.

Suggested Citation

  • Cheng Hua & Yu-peng Zhang & Xiao-gang Yang, 2013. "An Empirical Research on High-Tech Enterprises in Zhejiang Province Between Enterprise S&T Investment and Performance: Enterprises Competitiveness as an Intermediary Variable," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 381-389, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38433-2_42
    DOI: 10.1007/978-3-642-38433-2_42
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