Journal of
Development and Agricultural Economics

  • Abbreviation: J. Dev. Agric. Econ.
  • Language: English
  • ISSN: 2006-9774
  • DOI: 10.5897/JDAE
  • Start Year: 2009
  • Published Articles: 428

Full Length Research Paper

Senior academic background, R&D intensity and productivity: Based on the data of listed companies in the agricultural sector

Shu Yehong
  • Shu Yehong
  • School of Economics and Management, Huazhong Agriculture University, Wuhan 400370, China.
  • Google Scholar
He Yucheng
  • He Yucheng
  • School of Economics and Management, Huazhong Agriculture University, Wuhan 400370, China.
  • Google Scholar


  •  Received: 15 June 2016
  •  Accepted: 15 November 2016
  •  Published: 31 March 2018

Abstract

Agricultural companies (2011-2013) were chosen as the samples of this study. Financial report data were used to analyze the disciplines of the executives, their strength mean, research and development (R&D) strength and productivity. The results of the empirical research showed that companies with technology executives will significantly have increased R&D intensity; but companies with management executives would have reduced R&D intensity; while both executives would have increased R&D intensity. Hiring management executives would have significant impact, but technical executives have no significant impact. Agricultural companies’ R&D intensity and corporate productivity have a significant negative correlation, because R&D transformation takes longer time. It is believed that reasonable arrangements of senior management structure, a modest increase in business R&D intensity, vertical integration strategy for improving productivity and competitiveness of core formation are necessary.
 
Key words: Knowledge-based executives, agricultural companies, R&D intensity, productivity.