Research on the Value of R&D and Innovation-Driven Growth in Technology Innovation-Oriented Enterprises: Case Analysis Based on Huawei & Hanwei

Yongchen Xie

doi:10.54097/by3zec77

Authors

Yongchen Xie

DOI:

https://doi.org/10.54097/by3zec77

Keywords:

Technological innovation, Science and technology policy, R&D investment, Innovation-driven, Enterprise growth

Abstract

Under the national initiative to vigorously promote technological innovation and progress in order to achieve "high-level technological self-reliance and self-improvement," technology innovation-oriented enterprises need to build an endogenous economic engine suitable for their own growth. In the management of such enterprises, research and development (R&D) and innovation are critical factors driving their growth. This paper takes the R&D management of Huawei and Hanwei as typical cases, conducts a comparative analysis of the R&D investment models and innovation-driven mechanisms of technology innovation-oriented enterprises, and provides insights for the development of such enterprises at different growth stages.

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