TITLE:
Research on Measures to Improve the Innovation Performance of R&D Investment in Smart Home Enterprises
AUTHORS:
Zhongying Zhao, Qingjun Meng, Yan Cai
KEYWORDS:
Smart Home, Artificial Intelligence, R&D Investment, Innovation Performance
JOURNAL NAME:
Open Journal of Business and Management,
Vol.6 No.4,
October
18,
2018
ABSTRACT:
As the artificial intelligence industry is increasingly showing irreplaceable
importance in people’s production and life, the smart home furnishing industry,
which belongs to the field of artificial intelligence, has become a new
industry attracting great attention. Smart home furnishing enterprises are
enterprises with strong requirements for innovation, whose products are
mostly dependent on a large amount of R&D investment to maintain their
core competitiveness. However, the smart home industry started late in China,
which has problems such as insufficient market development and disordered
industry standards. In order to improve the performance of innovation,
enterprises need to increase their investment in R&D, while a relatively stable
environment is needed, and external support is relatively loose policies. This
requires cooperation from companies, investors, governments and so on.
This study will start from the current situation of the smart home industry,
study different factors affecting the innovation performance of the R&D investment
of smart home enterprises, and put forward suggestions from different
perspectives.