Empirical Research on the Relationship between the Subdivided Indicators of the Sustainable Development Rate and the Enterprise R&D Input1/RECHERCHES EMPIRIQUES SUR LA RELATION ENTRE L'INDICATEUR SUBDIVISE DU RYTHME DU DEVELOPPEMENT DURABLE ET LA CONTRIBUTION DE R&D DES ENTREPRISES

Abstract:

This paper divided sustainable development rate into return on total assets, equity multiplier, retained earning ratio, and tested their relationships with the R&D input. By applying the cross-section regression method, it builts up the regression model through the empirical research on 93 listed high-tech companies in electronic, medical, and new material industries, in which the influence of those three indicators on the R&D input was tested. The results implied that the coefficient of return on total assets, retained earnings ratio, and the equity multiplier was 0.101, 0.0018 and -0.007 respectively. Finally, this paper analyzed those coefficients and proposed …