Comparison and Inspiration of Research and Development(R&D)Management Models Between Chinese and American Enterprises
There is widespread agreement that increasing R&D generally is critical to improve the innovation capability of Chinese enterprises.The pathways from R&D to innovation,however,is a more ambiguous question.To make it clear,this study firstexplores mechanisms linking R&D and innovation,and it indicates that striking a balance among basic research,applied research and experimental development is necessary for enterprises to build sustainable competitive advantages.Second,a systematic comparison of R&D management between US and Chinese enterprises is conducted.The results show that US enterprises have significant advantages in R&D investment,R&D intensity,and the share of R&D in national R&D system.The share of different R&D activities of US enterprises is more balanced.Finally,some suggestions are put forward,and special attention should be paid to government funding support to enterprises,preferential tax policies,science-industry collaboration,and benchmarking best practices.
innovationresearch and development managementChinese enterprisesUS enterprises