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The impacts of R&D expenditure and personnel investment on innovation performance: the moderating effects of employee motivation

Ma Wencong, Feng Bin, Huang Shan, Ye Yangping

The study chose 418 firms from an enterprises database whose data was reported and assessed by the Enterprise Technology Center of Guangdong Province. This study has investigated the impact of R&D capital intensity and R&D personnel intensity on innovative performance, and it has also explored the moderating effects of R&D personnel compensation incentive and R&D personnel training in the relationship above. The result shows that R&D capital intensity and R&D personnel intensity have significant positive effects on innovative performance; R&D personnel compensation incentive significantly moderates the relationship between R&D personnel intensity and innovative performance; R&D personnel training significantly moderate the relationship between R&D capital intensity and innovative performance. However, R&D personnel compensation incentive doesnÂ’t significantly moderate the relationship between R&D capital intensity and innovative performance, and R&D personnel training doesnÂ’t moderates the relationship between R&D personnel intensity and innovative performance.