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Countermeasures for Chinese Enterprises to Profit from Technological Research and Development

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DOI: 10.23977/jfsst.2021.010722 | Downloads: 2 | Views: 130

Author(s)

Qian Miao 1

Affiliation(s)

1 Faculty Of Economics And Management, Magdeburg University, Magdeburg, Saxony Anhalt, Germany

Corresponding Author

Qian Miao

ABSTRACT

With the continuous advancement of the global market, many large domestic enterprises must constantly seek new space for continuous development to better adapt to the international development and situation. In the international market competition, they can obtain more profits by continuously developing their own capabilities of scientific researches. Under the background of multilateral trade, the research and development capability of Chinese enterprises is directly related to whether the enterprises occupy a certain dominant position in the process of international development. In order to profit from technological research and development, it is necessary for the enterprises to improve their capability of independent innovation, optimize the allocation of resources effectively, and enhance the core competitiveness. Therefore, this paper mainly analyzes the ability of Chinese enterprises to carry out scientific researches, discusses the main international scientific research investment modes, and puts forward relevant countermeasures for Chinese enterprises to make profits from scientific research and development.

KEYWORDS

Globalization, Chinese enterprises, Technological research and development, Profit

CITE THIS PAPER

Qian Miao. Countermeasures for Chinese Enterprises to Profit from Technological Research and Development. Journal of Frontiers of Society, Science and Technology (2021) Vol. 1: 115-117. DOI: http://dx.doi.org/10.23977/jfsst.2021.010722

REFERENCES

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[3] Ling Hu Fang Zheng. Profitability, Cash Dividends and R & D Investment: An Empirical Study Based on Information Technology Industry [J]. Contemporary Economy, 2020 (03): 40-43.
[4] Zhao Dandan. Research on the Impact of Enterprise R & D Investment on Enterprise Profitability [D]. China University of Geosciences (Beijing), 2017.
[5] Wu Saisai. Research on the Relationship between R & D Investment, Technological Innovation Performance and Profitability of Listed Military Enterprises [D]. Beijing University of Technology, 2016.

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