Hits:

Indexed by:会议论文

Date of Publication:2017-01-01

Included Journals:CPCI-SSH

Page Number:327-331

Key Words:R&D investment scale; R&D investment intensity; international comparison

Abstract:Using panel data of 2728 listed industrial firms from 31 countries, we analyze the differences of firms' R&D investment structure between China and other countries in terms of top firms, age distribution and size distribution, and draw the following conclusions. The firms in developed countries dominate the global R&D, and China's R&D investment reflects China's economic growth is driven mainly by investment in fixed assets, not by high technology. Moreover, there are differences in the age and size distribution of firms' R&D investment between China and other countries.