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

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2024-10-28 DOI:10.1016/j.frl.2024.106337

Yinghua Lin , Jingjing Ye

引用次数: 0

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.

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企业研发对知识产权转化为无形资产的影响

本研究探讨了企业研发如何影响知识产权向无形资产的转化。通过分析 2009 年至 2022 年中国 A 股上市公司 6487 个观测值的数据，并考虑调节变量，建立回归模型来研究研发的影响。结果显示，研发投资与创新倾向之间存在显著的正相关性（p <0.001）。管理费率对这一关系起到正向调节作用，而所有权平衡和员工密度则对其起到负向调节作用。这些研究结果突出了研发在促进创新方面的关键作用，并强调了战略资源分配和组织结构对创新成果的影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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