Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry

The COVID-19 epidemic has had a significant impact on global firms. The purpose of this paper is to examine the impact of the COVID-19 epidemic on the relationship between R&D investment and firm performance in Chinese pharmaceutical manufacturing and information technology industries. Our sampl...

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Main Author: XIANG, HE
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2022
Online Access:https://eprints.nottingham.ac.uk/70672/
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author XIANG, HE
author_facet XIANG, HE
author_sort XIANG, HE
building Nottingham Research Data Repository
collection Online Access
description The COVID-19 epidemic has had a significant impact on global firms. The purpose of this paper is to examine the impact of the COVID-19 epidemic on the relationship between R&D investment and firm performance in Chinese pharmaceutical manufacturing and information technology industries. Our sample includes all data for the five-year period 2017-2021 for Chinese listed companies in the pharmaceutical manufacturing and information technology industry. The empirical results show that, under the influence of covid-19, the negative impact of R&D Expenditure on firm performance is stronger for SOEs listed in Chinese pharmaceutical manufacturing and information technology industries than for non-SOEs, but the negative impact of R&D intensity on firm performance is lower for SOEs than for non-SOEs. This finding may have implications for business managers and policymakers in planning corporate R&D more rationally in the covid-19 period.
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spelling nottingham-706722023-07-06T14:00:19Z https://eprints.nottingham.ac.uk/70672/ Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry XIANG, HE The COVID-19 epidemic has had a significant impact on global firms. The purpose of this paper is to examine the impact of the COVID-19 epidemic on the relationship between R&D investment and firm performance in Chinese pharmaceutical manufacturing and information technology industries. Our sample includes all data for the five-year period 2017-2021 for Chinese listed companies in the pharmaceutical manufacturing and information technology industry. The empirical results show that, under the influence of covid-19, the negative impact of R&D Expenditure on firm performance is stronger for SOEs listed in Chinese pharmaceutical manufacturing and information technology industries than for non-SOEs, but the negative impact of R&D intensity on firm performance is lower for SOEs than for non-SOEs. This finding may have implications for business managers and policymakers in planning corporate R&D more rationally in the covid-19 period. 2022-08-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/70672/1/%E8%8B%B1%E5%9B%BD%E6%AF%95%E4%B8%9A%E8%AE%BA%E6%96%87IT.pdf XIANG, HE (2022) Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry. [Dissertation (University of Nottingham only)]
spellingShingle XIANG, HE
Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title_full Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title_fullStr Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title_full_unstemmed Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title_short Impact of the covid-19 epidemic on the relationship between R&D and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the Chinese pharmaceutical manufacturing industry and information technology industry
title_sort impact of the covid-19 epidemic on the relationship between r&d and firm performance - a comparative analysis of state-owned and non-state-owned enterprises in the chinese pharmaceutical manufacturing industry and information technology industry
url https://eprints.nottingham.ac.uk/70672/