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: HE, XIANG
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2022
Online Access:https://eprints.nottingham.ac.uk/70835/
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author HE, XIANG
author_facet HE, XIANG
author_sort HE, XIANG
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-708352023-07-07T10:13:49Z https://eprints.nottingham.ac.uk/70835/ 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 HE, XIANG 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. 2022-09-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/70835/1/20365778.pdf HE, XIANG (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 HE, XIANG
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/70835/