Internal Allocation of R&D Funds in Information Industry: the Case of Electronic and Communication Equipment Manufacturing Enterprises

Abstract

The internal optimal allocation of R&D funds is directly related to the innovation ability of information industry enterprise. Enterprises have different capital source channels at different stages of the life cycle, and the capital investment at different stages should have different focuses. This paper takes a case study of Electronic and communication equipment manufacturing enterprises and considers that the allocation of R&D funds of information industry enterprise depends on the influence of such factors as technology stock, organizational form and enterprise strategy.