Abstract
There is plenty of research about the influence factors of corporate Research and Development (R&D) behavior, but rarely is the define process of corporate R&D behavior explored. The external inducement of corporate R&D behavior is regarding government innovation policy and variation of market demand as external stimulus to corporate R&D behavior, based on Stimulus and Response Theory. Different enterprises may have different R&D behavior outputs that face the same stimulus input, caused by black-box of enterprise’s internal state, which comprise two aspects of enterprise characteristics and industry characteristics. Then, an integrity and legible model was founded which describes the excitation process of corporate R&D behavior.
Highlights
Technological innovation has played a key core in economic growth and international competition along with the acceleration of industrialization process [1,2]
Technological innovation has always been at the heart of economic and social development [3]
Research and Development (R&D) activity is the source of enterprise competitiveness
Summary
Technological innovation has played a key core in economic growth and international competition along with the acceleration of industrialization process [1,2]. Research and development (R&D) is an important part of enterprising technological innovation, and has always been a hot topic in researching about corporate R&D behavior. Existing research explores the principal influencing factors of corporate R&D activities, including enterprise internal factors such as enterprise size, pattern of ownership, corporate governance structure, human capital of entrepreneur and so on; and industry factors such as market structure, technological level and industry categories. This includes factors relevant to government, such as R&D subsidies, tax incentive, government procurement and patent protection. These studies have established solid foundation for us to understand corporate R&D behavior [4]
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