Research on the Influence of R&D Models on the Performance of High-Tech Start-Ups

Based Data on Listed Companies

DOI

10.2991/assehr.k.210121.176How to use a DOI?

Keywords

R&D mode, Technological innovation capability, Enterprise performance, High-tech start-ups

Abstract

Based on the resource-based theory, this paper uses data from 162 high-tech start-ups listed on the Shenzhen Stock Exchange’s SME Board and ChiNext Board to discuss the choice of R&D mode for high-tech start-ups and test the relationship between R&D model, technological innovation capability, and high-tech start-ups’ performance empirically. The results show that participating in cooperative R&D is not conducive to the performance of high-tech start-ups when the variable of technological innovation capability is not introduced; The relationship between R&D mode and performance of high-tech start-ups are significantly regulated by technological innovation capability used as a contingency factor. That is, the participation of high-tech start-ups in cooperative R&D with high technological innovation capability has a negative impact on their performance growth; The participation of high-tech start-ups in cooperative R&D with low technological innovation capability has no significant impact on their performance growth.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ling Liu
PY  - 2021
DA  - 2021/01/23
TI  - Research on the Influence of R&D Models on the Performance of High-Tech Start-Ups
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 909
EP  - 914
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.176
DO  - 10.2991/assehr.k.210121.176
ID  - Liu2021
ER  -