Exploring the Dynamics of Corporate Personnel Structure, R&D Expenditure, and Profitability Insights into the Interdependent Influences of Human Resources on Revenue and Profit
Year: 2024
Type: article
Abstract: This study explores how corporate structure, R&D expenditures, and employee education affect financial performance in three major Chinese firms"Haier, Midea, and Gree"from 2017 to 2023. Using regression and correlation analysis, findings show that higher R&D spending and employee education levels significantly boost revenue and profit. The research also identifies a positive feedback loop, where profits fund further R&D, driving ongoing growth. This highlights the importance of continuous investment in R&D and education to sustain competitive advantage and long-term success.
Authors: Ziyin Zhong, Peicheng Qin, Hao Wang*
Language: English
Topic: Firm Innovation and Growth
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4404150314