Research on the Decision Method of R&D Investment in State Owned Enterprises Considering Multiple Factors

Abstract

Research and development investment is a necessary resource guarantee for technological innovation and progress. Increasing research and development investment to promote production efficiency and gain competitive advantages is a strategic choice for many state-owned enterprises in China. The R&D investment of state-owned enterprises is the decision result of balancing external market demand and internal resource environment. Research suggests that state-owned enterprises should increase R&D investment in core business areas and strategic emerging areas, strengthen cooperation with external advantageous technological resources, form a virtuous cycle of “R&D - technological progress - dividend generation - R&D”, and achieve long-term sustainable development.