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Research on the Relationship between Innovation and Growth of Food Manufactures in Developing Country: Evidence from the Listed Company in China

机译:发展中国家粮食制造业创新与增长的关系研究:来自中国上市公司的证据

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Although innovation is considered as the critical factor to improve economic performance for food firms, the empirical evidence from developing countries is still scarce. To fill the gap, this study takes advantage of linear regression method to conduct empirical analysis of 62 food manufactures from Shanghai and Shenzhen stock exchange of China over the period 2013-2014. The results show that R&D spending has a positive effect on the performance of food enterprises. However, the scale-effect is more important than R&D spending for food industry in the context of China. These results enrich current understanding of innovation in the food industry and give practical implications to policy makers and firms to guide their R&D activities.
机译:虽然创新被视为改善食品公司经济绩效的关键因素,但发展中国家的实证证据仍然稀缺。为了填补差距,本研究利用了线性回归方法,在2013 - 2014年期间对中国上海和深圳证券交易所的62种食品制造业进行了实证分析。结果表明,研发支出对食品企业的表现产生了积极影响。然而,在中国的背景下,比例效应比食品工业的研发支出更重要。这些结果丰富了对食品行业的创新的认识,并对政策制定者和公司产生实际影响,以指导研发活动。

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