TITLE:
Research on the Relationship between R & D Investment and Corporate Value of “Unicorn” Companies: Based on the Financial Flexibility of Artificial Intelligence Company Data
AUTHORS:
Yang Lu, Qingjun Meng, Yan Cai
KEYWORDS:
“Unicorn” Company, R & D Investment, Artificial Intelligence, Technological Innovation, Financial Flexibility, Financing Model
JOURNAL NAME:
Open Journal of Business and Management,
Vol.6 No.4,
October
29,
2018
ABSTRACT:
In the modern era, the artificial intelligence industry has promoted the development
of the economy with its own rapid development. Among them, financial
management occupies a pivotal and indispensable position, especially
the artificial intelligence industry in the “unicorn” corporate category. It relays
on R & D investment, but there are still many uncertain factors in the
capital operation process, such as capital structure, investment and risk management.
All have greater uncertainty and risk which makes the requirements
for the flexible use of financial management more stringent. It is necessary to
look for a long-term perspective strategy suitable for the development of the
company. Based on this background, this article proposes some existing
problems in the current R & D investment from the perspective of financial
flexibility and how to apply the advantages of financial flexibility reasonably
to solve problems and achieve rapid development [1].