Research on the Impact of High-tech Enterprises’ Investment in R&D Staff on their Financial Competitiveness

Abstract

Taking 2014-2019 A-share listed high-tech enterprises as the research objects, the paper carries out research on the impact of high-tech enterprises' investment in R&D staff on their financial competitiveness through Stata, the data analysis software. It first uses factor analysis to assign values to financial competitiveness and then examines the impact of investment in R&D staff on enterprises' financial competitiveness. It can be seen from the research results that the investment in R&D staff will bring a positive incentive effect in the long run despite its adverse impact on enterprises' financial competitiveness in the short term.