id	sid	tid	token	lemma	pos
fbem-27720	1	1	frontiers	frontier	NOUN
fbem-27720	1	2	in	in	ADP
fbem-27720	1	3	business	business	NOUN
fbem-27720	1	4	,	,	PUNCT
fbem-27720	1	5	economics	economic	NOUN
fbem-27720	1	6	and	and	CCONJ
fbem-27720	1	7	management	management	NOUN
fbem-27720	1	8	issn	issn	PROPN
fbem-27720	1	9	:	:	PUNCT
fbem-27720	1	10	2766	2766	NUM
fbem-27720	1	11	-	-	PUNCT
fbem-27720	1	12	824x	824x	NUM
fbem-27720	1	13	|	|	ADJ
fbem-27720	1	14	vol	vol	NOUN
fbem-27720	1	15	.	.	PROPN
fbem-27720	1	16	17	17	NUM
fbem-27720	1	17	,	,	PUNCT
fbem-27720	1	18	no	no	INTJ
fbem-27720	1	19	.	.	NOUN
fbem-27720	1	20	2	2	NUM
fbem-27720	1	21	,	,	PUNCT
fbem-27720	1	22	2024	2024	NUM
fbem-27720	1	23	390	390	NUM
fbem-27720	1	24	r&d	r&d	NOUN
fbem-27720	1	25	investment	investment	NOUN
fbem-27720	1	26	on	on	ADP
fbem-27720	1	27	chinese	chinese	ADJ
fbem-27720	1	28	new	new	ADJ
fbem-27720	1	29	energy	energy	NOUN
fbem-27720	1	30	vehicle	vehicle	NOUN
fbem-27720	1	31	enterprises	enterprise	NOUN
fbem-27720	1	32	:	:	PUNCT
fbem-27720	1	33	a	a	DET
fbem-27720	1	34	development	development	NOUN
fbem-27720	1	35	of	of	ADP
fbem-27720	1	36	financial	financial	ADJ
fbem-27720	1	37	performance	performance	NOUN
fbem-27720	1	38	test	test	NOUN
fbem-27720	1	39	model	model	NOUN
fbem-27720	1	40	yanqin	yanqin	PROPN
fbem-27720	1	41	yin	yin	PROPN
fbem-27720	1	42	adamson	adamson	PROPN
fbem-27720	1	43	university	university	PROPN
fbem-27720	1	44	,	,	PUNCT
fbem-27720	1	45	manila,1000	manila,1000	ADJ
fbem-27720	1	46	,	,	PUNCT
fbem-27720	1	47	philippines	philippine	NOUN
fbem-27720	1	48	abstract	abstract	NOUN
fbem-27720	1	49	:	:	PUNCT
fbem-27720	1	50	this	this	DET
fbem-27720	1	51	study	study	NOUN
fbem-27720	1	52	focuses	focus	VERB
fbem-27720	1	53	on	on	ADP
fbem-27720	1	54	chinese	chinese	ADJ
fbem-27720	1	55	new	new	ADJ
fbem-27720	1	56	energy	energy	NOUN
fbem-27720	1	57	vehicle	vehicle	NOUN
fbem-27720	1	58	listed	list	VERB
fbem-27720	1	59	companies	company	NOUN
fbem-27720	1	60	,	,	PUNCT
fbem-27720	1	61	aiming	aim	VERB
fbem-27720	1	62	to	to	PART
fbem-27720	1	63	explore	explore	VERB
fbem-27720	1	64	the	the	DET
fbem-27720	1	65	effect	effect	NOUN
fbem-27720	1	66	of	of	ADP
fbem-27720	1	67	r&d	r&d	NOUN
fbem-27720	1	68	investment	investment	NOUN
fbem-27720	1	69	on	on	ADP
fbem-27720	1	70	corporate	corporate	ADJ
fbem-27720	1	71	financial	financial	ADJ
fbem-27720	1	72	performance	performance	NOUN
fbem-27720	1	73	and	and	CCONJ
fbem-27720	1	74	develop	develop	VERB
fbem-27720	1	75	a	a	DET
fbem-27720	1	76	financial	financial	ADJ
fbem-27720	1	77	performance	performance	NOUN
fbem-27720	1	78	testing	testing	NOUN
fbem-27720	1	79	model	model	NOUN
fbem-27720	1	80	.	.	PUNCT
fbem-27720	2	1	the	the	DET
fbem-27720	2	2	study	study	NOUN
fbem-27720	2	3	used	use	VERB
fbem-27720	2	4	panel	panel	NOUN
fbem-27720	2	5	data	datum	NOUN
fbem-27720	2	6	from	from	ADP
fbem-27720	2	7	2013	2013	NUM
fbem-27720	2	8	to	to	ADP
fbem-27720	2	9	2023	2023	NUM
fbem-27720	2	10	and	and	CCONJ
fbem-27720	2	11	employed	employ	VERB
fbem-27720	2	12	descriptive	descriptive	ADJ
fbem-27720	2	13	statistics	statistic	NOUN
fbem-27720	2	14	,	,	PUNCT
fbem-27720	2	15	correlation	correlation	NOUN
fbem-27720	2	16	analysis	analysis	NOUN
fbem-27720	2	17	,	,	PUNCT
fbem-27720	2	18	and	and	CCONJ
fbem-27720	2	19	regression	regression	VERB
fbem-27720	2	20	analysis	analysis	NOUN
fbem-27720	2	21	to	to	PART
fbem-27720	2	22	systematically	systematically	ADV
fbem-27720	2	23	analyze	analyze	VERB
fbem-27720	2	24	the	the	DET
fbem-27720	2	25	relationship	relationship	NOUN
fbem-27720	2	26	between	between	ADP
fbem-27720	2	27	r&d	r&d	NOUN
fbem-27720	2	28	investment	investment	NOUN
fbem-27720	2	29	,	,	PUNCT
fbem-27720	2	30	r&d	r&d	NOUN
fbem-27720	2	31	output	output	NOUN
fbem-27720	2	32	,	,	PUNCT
fbem-27720	2	33	and	and	CCONJ
fbem-27720	2	34	financial	financial	ADJ
fbem-27720	2	35	performance.the	performance.the	DET
fbem-27720	2	36	research	research	NOUN
fbem-27720	2	37	reveals	reveal	VERB
fbem-27720	2	38	that	that	SCONJ
fbem-27720	2	39	:	:	PUNCT
fbem-27720	2	40	(	(	PUNCT
fbem-27720	2	41	1	1	X
fbem-27720	2	42	)	)	PUNCT
fbem-27720	2	43	r&d	r&d	NOUN
fbem-27720	2	44	investment	investment	NOUN
fbem-27720	2	45	significantly	significantly	ADV
fbem-27720	2	46	positively	positively	ADV
fbem-27720	2	47	correlates	correlate	VERB
fbem-27720	2	48	with	with	ADP
fbem-27720	2	49	corporate	corporate	ADJ
fbem-27720	2	50	financial	financial	ADJ
fbem-27720	2	51	performance	performance	NOUN
fbem-27720	2	52	,	,	PUNCT
fbem-27720	2	53	suggesting	suggest	VERB
fbem-27720	2	54	that	that	SCONJ
fbem-27720	2	55	an	an	DET
fbem-27720	2	56	increase	increase	NOUN
fbem-27720	2	57	in	in	ADP
fbem-27720	2	58	r&d	r&d	NOUN
fbem-27720	2	59	investment	investment	NOUN
fbem-27720	2	60	can	can	AUX
fbem-27720	2	61	significantly	significantly	ADV
fbem-27720	2	62	boost	boost	VERB
fbem-27720	2	63	a	a	DET
fbem-27720	2	64	company	company	NOUN
fbem-27720	2	65	's	's	PART
fbem-27720	2	66	financial	financial	ADJ
fbem-27720	2	67	performance	performance	NOUN
fbem-27720	2	68	;	;	PUNCT
fbem-27720	2	69	(	(	PUNCT
fbem-27720	2	70	2	2	X
fbem-27720	2	71	)	)	PUNCT
fbem-27720	2	72	r&d	r&d	NOUN
fbem-27720	2	73	investment	investment	NOUN
fbem-27720	2	74	significantly	significantly	ADV
fbem-27720	2	75	boosts	boost	VERB
fbem-27720	2	76	r&d	r&d	NOUN
fbem-27720	2	77	output	output	NOUN
fbem-27720	2	78	,	,	PUNCT
fbem-27720	2	79	leading	lead	VERB
fbem-27720	2	80	to	to	ADP
fbem-27720	2	81	more	more	ADV
fbem-27720	2	82	innovative	innovative	ADJ
fbem-27720	2	83	achievements	achievement	NOUN
fbem-27720	2	84	;	;	PUNCT
fbem-27720	2	85	and	and	CCONJ
fbem-27720	2	86	(	(	PUNCT
fbem-27720	2	87	3	3	X
fbem-27720	2	88	)	)	PUNCT
fbem-27720	2	89	r&d	r&d	NOUN
fbem-27720	2	90	output	output	NOUN
fbem-27720	2	91	partially	partially	ADV
fbem-27720	2	92	mediates	mediate	VERB
fbem-27720	2	93	the	the	DET
fbem-27720	2	94	relationship	relationship	NOUN
fbem-27720	2	95	between	between	ADP
fbem-27720	2	96	r&d	r&d	NOUN
fbem-27720	2	97	investment	investment	NOUN
fbem-27720	2	98	and	and	CCONJ
fbem-27720	2	99	financial	financial	ADJ
fbem-27720	2	100	performance	performance	NOUN
fbem-27720	2	101	,	,	PUNCT
fbem-27720	2	102	suggesting	suggest	VERB
fbem-27720	2	103	that	that	SCONJ
fbem-27720	2	104	an	an	DET
fbem-27720	2	105	increase	increase	NOUN
fbem-27720	2	106	in	in	ADP
fbem-27720	2	107	r&d	r&d	NOUN
fbem-27720	2	108	output	output	NOUN
fbem-27720	2	109	enhances	enhance	VERB
fbem-27720	2	110	corporate	corporate	ADJ
fbem-27720	2	111	financial	financial	ADJ
fbem-27720	2	112	performance	performance	NOUN
fbem-27720	2	113	.	.	PUNCT
fbem-27720	3	1	the	the	DET
fbem-27720	3	2	research	research	NOUN
fbem-27720	3	3	results	result	NOUN
fbem-27720	3	4	emphasize	emphasize	VERB
fbem-27720	3	5	the	the	DET
fbem-27720	3	6	crucial	crucial	ADJ
fbem-27720	3	7	role	role	NOUN
fbem-27720	3	8	of	of	ADP
fbem-27720	3	9	r&d	r&d	NOUN
fbem-27720	3	10	investment	investment	NOUN
fbem-27720	3	11	in	in	ADP
fbem-27720	3	12	improving	improve	VERB
fbem-27720	3	13	corporate	corporate	ADJ
fbem-27720	3	14	financial	financial	ADJ
fbem-27720	3	15	performance	performance	NOUN
fbem-27720	3	16	and	and	CCONJ
fbem-27720	3	17	suggest	suggest	VERB
fbem-27720	3	18	that	that	SCONJ
fbem-27720	3	19	companies	company	NOUN
fbem-27720	3	20	should	should	AUX
fbem-27720	3	21	attach	attach	VERB
fbem-27720	3	22	importance	importance	NOUN
fbem-27720	3	23	to	to	ADP
fbem-27720	3	24	r&d	r&d	NOUN
fbem-27720	3	25	investment	investment	NOUN
fbem-27720	3	26	,	,	PUNCT
fbem-27720	3	27	optimize	optimize	VERB
fbem-27720	3	28	r&d	r&d	NOUN
fbem-27720	3	29	resource	resource	NOUN
fbem-27720	3	30	allocation	allocation	NOUN
fbem-27720	3	31	,	,	PUNCT
fbem-27720	3	32	strengthen	strengthen	VERB
fbem-27720	3	33	r&d	r&d	NOUN
fbem-27720	3	34	project	project	NOUN
fbem-27720	3	35	management	management	NOUN
fbem-27720	3	36	,	,	PUNCT
fbem-27720	3	37	and	and	CCONJ
fbem-27720	3	38	build	build	VERB
fbem-27720	3	39	a	a	DET
fbem-27720	3	40	corporate	corporate	ADJ
fbem-27720	3	41	culture	culture	NOUN
fbem-27720	3	42	that	that	PRON
fbem-27720	3	43	supports	support	VERB
fbem-27720	3	44	innovation	innovation	NOUN
fbem-27720	3	45	.	.	PUNCT
fbem-27720	4	1	simultaneously	simultaneously	ADV
fbem-27720	4	2	,	,	PUNCT
fbem-27720	4	3	the	the	DET
fbem-27720	4	4	government	government	NOUN
fbem-27720	4	5	should	should	AUX
fbem-27720	4	6	implement	implement	VERB
fbem-27720	4	7	incentive	incentive	NOUN
fbem-27720	4	8	measures	measure	NOUN
fbem-27720	4	9	to	to	PART
fbem-27720	4	10	stimulate	stimulate	VERB
fbem-27720	4	11	enterprises	enterprise	NOUN
fbem-27720	4	12	'	'	PART
fbem-27720	4	13	investment	investment	NOUN
fbem-27720	4	14	in	in	ADP
fbem-27720	4	15	research	research	NOUN
fbem-27720	4	16	and	and	CCONJ
fbem-27720	4	17	development	development	NOUN
fbem-27720	4	18	,	,	PUNCT
fbem-27720	4	19	thereby	thereby	ADV
fbem-27720	4	20	fostering	foster	VERB
fbem-27720	4	21	technological	technological	ADJ
fbem-27720	4	22	innovation	innovation	NOUN
fbem-27720	4	23	and	and	CCONJ
fbem-27720	4	24	industrial	industrial	ADJ
fbem-27720	4	25	upgrading	upgrading	NOUN
fbem-27720	4	26	.	.	PUNCT
fbem-27720	5	1	keywords	keyword	NOUN
fbem-27720	5	2	:	:	PUNCT
fbem-27720	5	3	r&d	r&d	NOUN
fbem-27720	5	4	investment	investment	NOUN
fbem-27720	5	5	,	,	PUNCT
fbem-27720	5	6	r&d	r&d	NOUN
fbem-27720	5	7	output	output	NOUN
fbem-27720	5	8	,	,	PUNCT
fbem-27720	5	9	financial	financial	ADJ
fbem-27720	5	10	performance	performance	NOUN
fbem-27720	5	11	,	,	PUNCT
fbem-27720	5	12	new	new	ADJ
fbem-27720	5	13	energy	energy	NOUN
fbem-27720	5	14	vehicles	vehicle	NOUN
fbem-27720	5	15	,	,	PUNCT
fbem-27720	5	16	chinese	chinese	ADJ
fbem-27720	5	17	listed	list	VERB
fbem-27720	5	18	companies	company	NOUN
fbem-27720	5	19	.	.	PUNCT
fbem-27720	6	1	1	1	X
fbem-27720	6	2	.	.	X
fbem-27720	6	3	introduction	introduction	NOUN
fbem-27720	6	4	1.1	1.1	NUM
fbem-27720	6	5	.	.	PUNCT
fbem-27720	7	1	background	background	NOUN
fbem-27720	7	2	of	of	ADP
fbem-27720	7	3	the	the	DET
fbem-27720	7	4	study	study	NOUN
fbem-27720	7	5	financial	financial	ADJ
fbem-27720	7	6	performance	performance	NOUN
fbem-27720	7	7	refers	refer	VERB
fbem-27720	7	8	to	to	ADP
fbem-27720	7	9	the	the	DET
fbem-27720	7	10	results	result	NOUN
fbem-27720	7	11	of	of	ADP
fbem-27720	7	12	a	a	DET
fbem-27720	7	13	company	company	NOUN
fbem-27720	7	14	in	in	ADP
fbem-27720	7	15	finance	finance	NOUN
fbem-27720	7	16	,	,	PUNCT
fbem-27720	7	17	reflecting	reflect	VERB
fbem-27720	7	18	its	its	PRON
fbem-27720	7	19	economic	economic	ADJ
fbem-27720	7	20	benefits	benefit	NOUN
fbem-27720	7	21	and	and	CCONJ
fbem-27720	7	22	financial	financial	ADJ
fbem-27720	7	23	health	health	NOUN
fbem-27720	7	24	.	.	PUNCT
fbem-27720	8	1	financial	financial	ADJ
fbem-27720	8	2	performance	performance	NOUN
fbem-27720	8	3	is	be	AUX
fbem-27720	8	4	an	an	DET
fbem-27720	8	5	important	important	ADJ
fbem-27720	8	6	reference	reference	NOUN
fbem-27720	8	7	for	for	ADP
fbem-27720	8	8	corporate	corporate	ADJ
fbem-27720	8	9	investment	investment	NOUN
fbem-27720	8	10	decisions	decision	NOUN
fbem-27720	8	11	.	.	PUNCT
fbem-27720	9	1	excellent	excellent	ADJ
fbem-27720	9	2	financial	financial	ADJ
fbem-27720	9	3	performance	performance	NOUN
fbem-27720	9	4	can	can	AUX
fbem-27720	9	5	enhance	enhance	VERB
fbem-27720	9	6	the	the	DET
fbem-27720	9	7	reputation	reputation	NOUN
fbem-27720	9	8	and	and	CCONJ
fbem-27720	9	9	credibility	credibility	NOUN
fbem-27720	9	10	of	of	ADP
fbem-27720	9	11	a	a	DET
fbem-27720	9	12	company	company	NOUN
fbem-27720	9	13	,	,	PUNCT
fbem-27720	9	14	boost	boost	VERB
fbem-27720	9	15	the	the	DET
fbem-27720	9	16	confidence	confidence	NOUN
fbem-27720	9	17	of	of	ADP
fbem-27720	9	18	investors	investor	NOUN
fbem-27720	9	19	and	and	CCONJ
fbem-27720	9	20	financiers	financier	NOUN
fbem-27720	9	21	,	,	PUNCT
fbem-27720	9	22	and	and	CCONJ
fbem-27720	9	23	provide	provide	VERB
fbem-27720	9	24	more	more	ADJ
fbem-27720	9	25	financial	financial	ADJ
fbem-27720	9	26	support	support	NOUN
fbem-27720	9	27	and	and	CCONJ
fbem-27720	9	28	resource	resource	NOUN
fbem-27720	9	29	assurance	assurance	NOUN
fbem-27720	9	30	for	for	ADP
fbem-27720	9	31	the	the	DET
fbem-27720	9	32	company	company	NOUN
fbem-27720	9	33	's	's	PART
fbem-27720	9	34	research	research	NOUN
fbem-27720	9	35	and	and	CCONJ
fbem-27720	9	36	development	development	NOUN
fbem-27720	9	37	investment	investment	NOUN
fbem-27720	9	38	.	.	PUNCT
fbem-27720	10	1	there	there	PRON
fbem-27720	10	2	is	be	VERB
fbem-27720	10	3	a	a	DET
fbem-27720	10	4	certain	certain	ADJ
fbem-27720	10	5	connection	connection	NOUN
fbem-27720	10	6	between	between	ADP
fbem-27720	10	7	r&d	r&d	NOUN
fbem-27720	10	8	investment	investment	NOUN
fbem-27720	10	9	and	and	CCONJ
fbem-27720	10	10	financial	financial	ADJ
fbem-27720	10	11	performance	performance	NOUN
fbem-27720	10	12	.	.	PUNCT
fbem-27720	11	1	in	in	ADP
fbem-27720	11	2	the	the	DET
fbem-27720	11	3	long	long	ADJ
fbem-27720	11	4	-	-	PUNCT
fbem-27720	11	5	term	term	NOUN
fbem-27720	11	6	development	development	NOUN
fbem-27720	11	7	of	of	ADP
fbem-27720	11	8	firms	firm	NOUN
fbem-27720	11	9	,	,	PUNCT
fbem-27720	11	10	firms	firm	NOUN
fbem-27720	11	11	should	should	AUX
fbem-27720	11	12	balance	balance	VERB
fbem-27720	11	13	r&d	r&d	NOUN
fbem-27720	11	14	investment	investment	NOUN
fbem-27720	11	15	and	and	CCONJ
fbem-27720	11	16	financial	financial	ADJ
fbem-27720	11	17	performance	performance	NOUN
fbem-27720	11	18	at	at	ADP
fbem-27720	11	19	different	different	ADJ
fbem-27720	11	20	stages	stage	NOUN
fbem-27720	11	21	of	of	ADP
fbem-27720	11	22	development	development	NOUN
fbem-27720	11	23	to	to	PART
fbem-27720	11	24	ensure	ensure	VERB
fbem-27720	11	25	continuous	continuous	ADJ
fbem-27720	11	26	improvement	improvement	NOUN
fbem-27720	11	27	in	in	ADP
fbem-27720	11	28	the	the	DET
fbem-27720	11	29	company	company	NOUN
fbem-27720	11	30	's	's	PART
fbem-27720	11	31	technological	technological	ADJ
fbem-27720	11	32	level	level	NOUN
fbem-27720	11	33	and	and	CCONJ
fbem-27720	11	34	product	product	NOUN
fbem-27720	11	35	innovation	innovation	NOUN
fbem-27720	11	36	capability	capability	NOUN
fbem-27720	11	37	.	.	PUNCT
fbem-27720	12	1	cai	cai	PROPN
fbem-27720	12	2	y.	y.	PROPN
fbem-27720	12	3	's	's	PART
fbem-27720	12	4	(	(	PUNCT
fbem-27720	12	5	2022	2022	NUM
fbem-27720	12	6	)	)	PUNCT
fbem-27720	12	7	research	research	NOUN
fbem-27720	12	8	reveals	reveal	VERB
fbem-27720	12	9	a	a	DET
fbem-27720	12	10	negative	negative	ADJ
fbem-27720	12	11	correlation	correlation	NOUN
fbem-27720	12	12	between	between	ADP
fbem-27720	12	13	r&d	r&d	NOUN
fbem-27720	12	14	investment	investment	NOUN
fbem-27720	12	15	and	and	CCONJ
fbem-27720	12	16	short	short	ADJ
fbem-27720	12	17	-	-	PUNCT
fbem-27720	12	18	term	term	NOUN
fbem-27720	12	19	financial	financial	ADJ
fbem-27720	12	20	performance	performance	NOUN
fbem-27720	12	21	in	in	ADP
fbem-27720	12	22	manufacturing	manufacturing	NOUN
fbem-27720	12	23	companies	company	NOUN
fbem-27720	12	24	,	,	PUNCT
fbem-27720	12	25	but	but	CCONJ
fbem-27720	12	26	a	a	DET
fbem-27720	12	27	positive	positive	ADJ
fbem-27720	12	28	correlation	correlation	NOUN
fbem-27720	12	29	with	with	ADP
fbem-27720	12	30	long	long	ADJ
fbem-27720	12	31	-	-	PUNCT
fbem-27720	12	32	term	term	NOUN
fbem-27720	12	33	financial	financial	ADJ
fbem-27720	12	34	performance	performance	NOUN
fbem-27720	12	35	.	.	PUNCT
fbem-27720	13	1	wang	wang	PROPN
fbem-27720	13	2	z.	z.	PROPN
fbem-27720	13	3	(	(	PUNCT
fbem-27720	13	4	2022	2022	NUM
fbem-27720	13	5	)	)	PUNCT
fbem-27720	13	6	figured	figure	VERB
fbem-27720	13	7	that	that	PRON
fbem-27720	13	8	to	to	PART
fbem-27720	13	9	make	make	VERB
fbem-27720	13	10	r&d	r&d	NOUN
fbem-27720	13	11	investment	investment	NOUN
fbem-27720	13	12	positively	positively	ADV
fbem-27720	13	13	effective	effective	ADJ
fbem-27720	13	14	,	,	PUNCT
fbem-27720	13	15	it	it	PRON
fbem-27720	13	16	must	must	AUX
fbem-27720	13	17	exceed	exceed	VERB
fbem-27720	13	18	the	the	DET
fbem-27720	13	19	minimum	minimum	ADJ
fbem-27720	13	20	amount	amount	NOUN
fbem-27720	13	21	of	of	ADP
fbem-27720	13	22	r&d	r&d	NOUN
fbem-27720	13	23	investment	investment	NOUN
fbem-27720	13	24	.	.	PUNCT
fbem-27720	14	1	the	the	DET
fbem-27720	14	2	effective	effective	ADJ
fbem-27720	14	3	lag	lag	NOUN
fbem-27720	14	4	period	period	NOUN
fbem-27720	14	5	for	for	ADP
fbem-27720	14	6	determining	determine	VERB
fbem-27720	14	7	r&d	r&d	NOUN
fbem-27720	14	8	investment	investment	NOUN
fbem-27720	14	9	is	be	AUX
fbem-27720	14	10	two	two	NUM
fbem-27720	14	11	years	year	NOUN
fbem-27720	14	12	.	.	PUNCT
fbem-27720	15	1	by	by	ADP
fbem-27720	15	2	ensuring	ensure	VERB
fbem-27720	15	3	that	that	SCONJ
fbem-27720	15	4	the	the	DET
fbem-27720	15	5	intensity	intensity	NOUN
fbem-27720	15	6	of	of	ADP
fbem-27720	15	7	r&d	r&d	NOUN
fbem-27720	15	8	investment	investment	NOUN
fbem-27720	15	9	reaches	reach	VERB
fbem-27720	15	10	the	the	DET
fbem-27720	15	11	minimum	minimum	ADJ
fbem-27720	15	12	threshold	threshold	NOUN
fbem-27720	15	13	within	within	ADP
fbem-27720	15	14	3	3	NUM
fbem-27720	15	15	years	year	NOUN
fbem-27720	15	16	,	,	PUNCT
fbem-27720	15	17	companies	company	NOUN
fbem-27720	15	18	can	can	AUX
fbem-27720	15	19	ensure	ensure	VERB
fbem-27720	15	20	that	that	SCONJ
fbem-27720	15	21	r&d	r&d	NOUN
fbem-27720	15	22	investment	investment	NOUN
fbem-27720	15	23	is	be	AUX
fbem-27720	15	24	positive	positive	ADJ
fbem-27720	15	25	,	,	PUNCT
fbem-27720	15	26	which	which	PRON
fbem-27720	15	27	can	can	AUX
fbem-27720	15	28	effectively	effectively	ADV
fbem-27720	15	29	promote	promote	VERB
fbem-27720	15	30	corporate	corporate	ADJ
fbem-27720	15	31	financial	financial	ADJ
fbem-27720	15	32	performance	performance	NOUN
fbem-27720	15	33	.	.	PUNCT
fbem-27720	16	1	with	with	ADP
fbem-27720	16	2	increasing	increase	VERB
fbem-27720	16	3	concerns	concern	NOUN
fbem-27720	16	4	about	about	ADP
fbem-27720	16	5	environmental	environmental	ADJ
fbem-27720	16	6	protection	protection	NOUN
fbem-27720	16	7	and	and	CCONJ
fbem-27720	16	8	sustainable	sustainable	ADJ
fbem-27720	16	9	development	development	NOUN
fbem-27720	16	10	,	,	PUNCT
fbem-27720	16	11	many	many	ADJ
fbem-27720	16	12	countries	country	NOUN
fbem-27720	16	13	are	be	AUX
fbem-27720	16	14	taking	take	VERB
fbem-27720	16	15	various	various	ADJ
fbem-27720	16	16	measures	measure	NOUN
fbem-27720	16	17	to	to	PART
fbem-27720	16	18	promote	promote	VERB
fbem-27720	16	19	the	the	DET
fbem-27720	16	20	development	development	NOUN
fbem-27720	16	21	and	and	CCONJ
fbem-27720	16	22	popularization	popularization	NOUN
fbem-27720	16	23	of	of	ADP
fbem-27720	16	24	new	new	ADJ
fbem-27720	16	25	energy	energy	NOUN
fbem-27720	16	26	vehicles	vehicle	NOUN
fbem-27720	16	27	.	.	PUNCT
fbem-27720	17	1	based	base	VERB
fbem-27720	17	2	on	on	ADP
fbem-27720	17	3	energy	energy	NOUN
fbem-27720	17	4	conservation	conservation	NOUN
fbem-27720	17	5	and	and	CCONJ
fbem-27720	17	6	emission	emission	NOUN
fbem-27720	17	7	reduction	reduction	NOUN
fbem-27720	17	8	policy	policy	NOUN
fbem-27720	17	9	goals	goal	NOUN
fbem-27720	17	10	,	,	PUNCT
fbem-27720	17	11	the	the	DET
fbem-27720	17	12	chinese	chinese	ADJ
fbem-27720	17	13	government	government	NOUN
fbem-27720	17	14	has	have	AUX
fbem-27720	17	15	proposed	propose	VERB
fbem-27720	17	16	a	a	DET
fbem-27720	17	17	series	series	NOUN
fbem-27720	17	18	of	of	ADP
fbem-27720	17	19	policy	policy	NOUN
fbem-27720	17	20	supports	support	NOUN
fbem-27720	17	21	.	.	PUNCT
fbem-27720	18	1	research	research	NOUN
fbem-27720	18	2	by	by	ADP
fbem-27720	18	3	xiao	xiao	PROPN
fbem-27720	18	4	x	x	SYM
fbem-27720	18	5	(	(	PUNCT
fbem-27720	18	6	2022	2022	NUM
fbem-27720	18	7	)	)	PUNCT
fbem-27720	18	8	found	find	VERB
fbem-27720	18	9	that	that	SCONJ
fbem-27720	18	10	government	government	NOUN
fbem-27720	18	11	subsidies	subsidy	NOUN
fbem-27720	18	12	can	can	AUX
fbem-27720	18	13	effectively	effectively	ADV
fbem-27720	18	14	promote	promote	VERB
fbem-27720	18	15	new	new	ADJ
fbem-27720	18	16	energy	energy	NOUN
fbem-27720	18	17	vehicle	vehicle	NOUN
fbem-27720	18	18	companies	company	NOUN
fbem-27720	18	19	to	to	PART
fbem-27720	18	20	increase	increase	VERB
fbem-27720	18	21	r&d	r&d	NOUN
fbem-27720	18	22	investment	investment	NOUN
fbem-27720	18	23	,	,	PUNCT
fbem-27720	18	24	thereby	thereby	ADV
fbem-27720	18	25	improving	improve	VERB
fbem-27720	18	26	the	the	DET
fbem-27720	18	27	firm	firm	NOUN
fbem-27720	18	28	's	's	PART
fbem-27720	18	29	financial	financial	ADJ
fbem-27720	18	30	performance	performance	NOUN
fbem-27720	18	31	.	.	PUNCT
fbem-27720	19	1	this	this	DET
fbem-27720	19	2	measure	measure	NOUN
fbem-27720	19	3	has	have	AUX
fbem-27720	19	4	led	lead	VERB
fbem-27720	19	5	to	to	ADP
fbem-27720	19	6	the	the	DET
fbem-27720	19	7	continuous	continuous	ADJ
fbem-27720	19	8	expansion	expansion	NOUN
fbem-27720	19	9	of	of	ADP
fbem-27720	19	10	the	the	DET
fbem-27720	19	11	chinese	chinese	ADJ
fbem-27720	19	12	new	new	ADJ
fbem-27720	19	13	energy	energy	NOUN
fbem-27720	19	14	vehicle	vehicle	NOUN
fbem-27720	19	15	industry	industry	NOUN
fbem-27720	19	16	and	and	CCONJ
fbem-27720	19	17	an	an	DET
fbem-27720	19	18	annual	annual	ADJ
fbem-27720	19	19	increase	increase	NOUN
fbem-27720	19	20	in	in	ADP
fbem-27720	19	21	market	market	NOUN
fbem-27720	19	22	share	share	NOUN
fbem-27720	19	23	.	.	PUNCT
fbem-27720	20	1	however	however	ADV
fbem-27720	20	2	,	,	PUNCT
fbem-27720	20	3	after	after	ADP
fbem-27720	20	4	the	the	DET
fbem-27720	20	5	cancellation	cancellation	NOUN
fbem-27720	20	6	of	of	ADP
fbem-27720	20	7	government	government	NOUN
fbem-27720	20	8	support	support	NOUN
fbem-27720	20	9	policies	policy	NOUN
fbem-27720	20	10	,	,	PUNCT
fbem-27720	20	11	chinese	chinese	ADJ
fbem-27720	20	12	new	new	ADJ
fbem-27720	20	13	energy	energy	NOUN
fbem-27720	20	14	vehicles	vehicle	NOUN
fbem-27720	20	15	still	still	ADV
fbem-27720	20	16	face	face	VERB
fbem-27720	20	17	a	a	DET
fbem-27720	20	18	series	series	NOUN
fbem-27720	20	19	of	of	ADP
fbem-27720	20	20	problems	problem	NOUN
fbem-27720	20	21	and	and	CCONJ
fbem-27720	20	22	challenges	challenge	NOUN
fbem-27720	20	23	in	in	ADP
fbem-27720	20	24	development	development	NOUN
fbem-27720	20	25	,	,	PUNCT
fbem-27720	20	26	such	such	ADJ
fbem-27720	20	27	as	as	ADP
fbem-27720	20	28	technological	technological	ADJ
fbem-27720	20	29	bottlenecks	bottleneck	NOUN
fbem-27720	20	30	,	,	PUNCT
fbem-27720	20	31	high	high	ADJ
fbem-27720	20	32	costs	cost	NOUN
fbem-27720	20	33	,	,	PUNCT
fbem-27720	20	34	and	and	CCONJ
fbem-27720	20	35	the	the	DET
fbem-27720	20	36	construction	construction	NOUN
fbem-27720	20	37	of	of	ADP
fbem-27720	20	38	charging	charge	VERB
fbem-27720	20	39	infrastructure	infrastructure	NOUN
fbem-27720	20	40	.	.	PUNCT
fbem-27720	21	1	innovative	innovative	ADJ
fbem-27720	21	2	investment	investment	NOUN
fbem-27720	21	3	,	,	PUNCT
fbem-27720	21	4	technological	technological	ADJ
fbem-27720	21	5	output	output	NOUN
fbem-27720	21	6	,	,	PUNCT
fbem-27720	21	7	and	and	CCONJ
fbem-27720	21	8	financial	financial	ADJ
fbem-27720	21	9	performance	performance	NOUN
fbem-27720	21	10	significantly	significantly	ADV
fbem-27720	21	11	influence	influence	VERB
fbem-27720	21	12	these	these	DET
fbem-27720	21	13	problems	problem	NOUN
fbem-27720	21	14	and	and	CCONJ
fbem-27720	21	15	challenges	challenge	NOUN
fbem-27720	21	16	.	.	PUNCT
fbem-27720	22	1	this	this	DET
fbem-27720	22	2	study	study	NOUN
fbem-27720	22	3	employs	employ	VERB
fbem-27720	22	4	chinese	chinese	ADJ
fbem-27720	22	5	listed	list	VERB
fbem-27720	22	6	new	new	ADJ
fbem-27720	22	7	energy	energy	NOUN
fbem-27720	22	8	vehicle	vehicle	NOUN
fbem-27720	22	9	companies	company	NOUN
fbem-27720	22	10	as	as	ADP
fbem-27720	22	11	research	research	NOUN
fbem-27720	22	12	subjects	subject	NOUN
fbem-27720	22	13	,	,	PUNCT
fbem-27720	22	14	gathers	gather	VERB
fbem-27720	22	15	pertinent	pertinent	ADJ
fbem-27720	22	16	data	datum	NOUN
fbem-27720	22	17	,	,	PUNCT
fbem-27720	22	18	and	and	CCONJ
fbem-27720	22	19	develops	develop	VERB
fbem-27720	22	20	a	a	DET
fbem-27720	22	21	financial	financial	ADJ
fbem-27720	22	22	performance	performance	NOUN
fbem-27720	22	23	test	test	NOUN
fbem-27720	22	24	model	model	NOUN
fbem-27720	22	25	that	that	PRON
fbem-27720	22	26	examines	examine	VERB
fbem-27720	22	27	r&d	r&d	NOUN
fbem-27720	22	28	investment	investment	NOUN
fbem-27720	22	29	,	,	PUNCT
fbem-27720	22	30	r&d	r&d	NOUN
fbem-27720	22	31	output	output	NOUN
fbem-27720	22	32	,	,	PUNCT
fbem-27720	22	33	and	and	CCONJ
fbem-27720	22	34	financial	financial	ADJ
fbem-27720	22	35	performance	performance	NOUN
fbem-27720	22	36	.	.	PUNCT
fbem-27720	23	1	companies	company	NOUN
fbem-27720	23	2	can	can	AUX
fbem-27720	23	3	maintain	maintain	VERB
fbem-27720	23	4	their	their	PRON
fbem-27720	23	5	competitiveness	competitiveness	NOUN
fbem-27720	23	6	in	in	ADP
fbem-27720	23	7	fierce	fierce	ADJ
fbem-27720	23	8	market	market	NOUN
fbem-27720	23	9	competition	competition	NOUN
fbem-27720	23	10	by	by	ADP
fbem-27720	23	11	identifying	identify	VERB
fbem-27720	23	12	a	a	DET
fbem-27720	23	13	balanced	balanced	ADJ
fbem-27720	23	14	ratio	ratio	NOUN
fbem-27720	23	15	between	between	ADP
fbem-27720	23	16	r&d	r&d	NOUN
fbem-27720	23	17	investment	investment	NOUN
fbem-27720	23	18	and	and	CCONJ
fbem-27720	23	19	technological	technological	ADJ
fbem-27720	23	20	output	output	NOUN
fbem-27720	23	21	,	,	PUNCT
fbem-27720	23	22	optimizing	optimize	VERB
fbem-27720	23	23	resource	resource	NOUN
fbem-27720	23	24	allocation	allocation	NOUN
fbem-27720	23	25	,	,	PUNCT
fbem-27720	23	26	and	and	CCONJ
fbem-27720	23	27	improving	improve	VERB
fbem-27720	23	28	corporate	corporate	ADJ
fbem-27720	23	29	financial	financial	ADJ
fbem-27720	23	30	performance	performance	NOUN
fbem-27720	23	31	.	.	PUNCT
fbem-27720	24	1	1.2	1.2	NUM
fbem-27720	24	2	.	.	PUNCT
fbem-27720	24	3	hypotheses	hypothesis	NOUN
fbem-27720	24	4	currently	currently	ADV
fbem-27720	24	5	,	,	PUNCT
fbem-27720	24	6	scholars	scholar	NOUN
fbem-27720	24	7	both	both	PRON
fbem-27720	24	8	domestically	domestically	ADV
fbem-27720	24	9	and	and	CCONJ
fbem-27720	24	10	internationally	internationally	ADV
fbem-27720	24	11	have	have	AUX
fbem-27720	24	12	conducted	conduct	VERB
fbem-27720	24	13	research	research	NOUN
fbem-27720	24	14	on	on	ADP
fbem-27720	24	15	different	different	ADJ
fbem-27720	24	16	regions	region	NOUN
fbem-27720	24	17	and	and	CCONJ
fbem-27720	24	18	industries	industry	NOUN
fbem-27720	24	19	,	,	PUNCT
fbem-27720	24	20	and	and	CCONJ
fbem-27720	24	21	their	their	PRON
fbem-27720	24	22	findings	finding	NOUN
fbem-27720	24	23	suggest	suggest	VERB
fbem-27720	24	24	that	that	SCONJ
fbem-27720	24	25	r&d	r&d	NOUN
fbem-27720	24	26	investment	investment	NOUN
fbem-27720	24	27	can	can	AUX
fbem-27720	24	28	drive	drive	VERB
fbem-27720	24	29	financial	financial	ADJ
fbem-27720	24	30	performance	performance	NOUN
fbem-27720	24	31	improvement	improvement	NOUN
fbem-27720	24	32	(	(	PUNCT
fbem-27720	24	33	hao	hao	PROPN
fbem-27720	24	34	j.l	j.l	PROPN
fbem-27720	24	35	.	.	PROPN
fbem-27720	24	36	,	,	PUNCT
fbem-27720	24	37	2019	2019	NUM
fbem-27720	24	38	;	;	PUNCT
fbem-27720	24	39	liu	liu	PROPN
fbem-27720	24	40	y.	y.	PROPN
fbem-27720	24	41	,	,	PUNCT
fbem-27720	24	42	2020	2020	NUM
fbem-27720	24	43	)	)	PUNCT
fbem-27720	24	44	.	.	PUNCT
fbem-27720	25	1	however	however	ADV
fbem-27720	25	2	,	,	PUNCT
fbem-27720	25	3	after	after	ADP
fbem-27720	25	4	reaching	reach	VERB
fbem-27720	25	5	a	a	DET
fbem-27720	25	6	certain	certain	ADJ
fbem-27720	25	7	level	level	NOUN
fbem-27720	25	8	,	,	PUNCT
fbem-27720	25	9	the	the	DET
fbem-27720	25	10	financial	financial	ADJ
fbem-27720	25	11	performance	performance	NOUN
fbem-27720	25	12	of	of	ADP
fbem-27720	25	13	enterprises	enterprise	NOUN
fbem-27720	25	14	tends	tend	VERB
fbem-27720	25	15	to	to	PART
fbem-27720	25	16	decline	decline	VERB
fbem-27720	25	17	,	,	PUNCT
fbem-27720	25	18	exhibiting	exhibit	VERB
fbem-27720	25	19	an	an	DET
fbem-27720	25	20	inverted	inverted	ADJ
fbem-27720	25	21	"	"	PUNCT
fbem-27720	25	22	u	u	NOUN
fbem-27720	25	23	"	"	PUNCT
fbem-27720	25	24	shape	shape	NOUN
fbem-27720	25	25	(	(	PUNCT
fbem-27720	25	26	song	song	NOUN
fbem-27720	25	27	j.	j.	PROPN
fbem-27720	25	28	,	,	PUNCT
fbem-27720	25	29	2023	2023	NUM
fbem-27720	25	30	)	)	PUNCT
fbem-27720	25	31	.	.	PUNCT
fbem-27720	26	1	additionally	additionally	ADV
fbem-27720	26	2	,	,	PUNCT
fbem-27720	26	3	there	there	PRON
fbem-27720	26	4	is	be	VERB
fbem-27720	26	5	a	a	DET
fbem-27720	26	6	lag	lag	ADJ
fbem-27720	26	7	effect	effect	NOUN
fbem-27720	26	8	of	of	ADP
fbem-27720	26	9	r&d	r&d	NOUN
fbem-27720	26	10	investment	investment	NOUN
fbem-27720	26	11	on	on	ADP
fbem-27720	26	12	financial	financial	ADJ
fbem-27720	26	13	performance	performance	NOUN
fbem-27720	26	14	,	,	PUNCT
fbem-27720	26	15	with	with	ADP
fbem-27720	26	16	short	short	ADJ
fbem-27720	26	17	-	-	PUNCT
fbem-27720	26	18	term	term	NOUN
fbem-27720	26	19	r&d	r&d	NOUN
fbem-27720	26	20	investment	investment	NOUN
fbem-27720	26	21	having	have	VERB
fbem-27720	26	22	a	a	DET
fbem-27720	26	23	negative	negative	ADJ
fbem-27720	26	24	effect	effect	NOUN
fbem-27720	26	25	(	(	PUNCT
fbem-27720	26	26	lei	lei	PROPN
fbem-27720	26	27	z.h	z.h	PROPN
fbem-27720	26	28	.	.	PROPN
fbem-27720	26	29	,	,	PUNCT
fbem-27720	26	30	2022	2022	NUM
fbem-27720	26	31	;	;	PUNCT
fbem-27720	26	32	lin	lin	PROPN
fbem-27720	26	33	j.	j.	PROPN
fbem-27720	26	34	,	,	PUNCT
fbem-27720	26	35	2023	2023	NUM
fbem-27720	26	36	)	)	PUNCT
fbem-27720	26	37	,	,	PUNCT
fbem-27720	26	38	while	while	SCONJ
fbem-27720	26	39	long	long	ADJ
fbem-27720	26	40	-	-	PUNCT
fbem-27720	26	41	term	term	NOUN
fbem-27720	26	42	r&d	r&d	NOUN
fbem-27720	26	43	investment	investment	NOUN
fbem-27720	26	44	has	have	VERB
fbem-27720	26	45	a	a	DET
fbem-27720	26	46	positive	positive	ADJ
fbem-27720	26	47	effect	effect	NOUN
fbem-27720	26	48	(	(	PUNCT
fbem-27720	26	49	wang	wang	PROPN
fbem-27720	26	50	x.	x.	PROPN
fbem-27720	26	51	,	,	PUNCT
fbem-27720	26	52	2023	2023	NUM
fbem-27720	26	53	)	)	PUNCT
fbem-27720	26	54	.	.	PUNCT
fbem-27720	27	1	based	base	VERB
fbem-27720	27	2	on	on	ADP
fbem-27720	27	3	the	the	DET
fbem-27720	27	4	aforementioned	aforementioned	ADJ
fbem-27720	27	5	evidence	evidence	NOUN
fbem-27720	27	6	,	,	PUNCT
fbem-27720	27	7	this	this	DET
fbem-27720	27	8	study	study	NOUN
fbem-27720	27	9	formulates	formulate	VERB
fbem-27720	27	10	h01	h01	NOUN
fbem-27720	27	11	as	as	SCONJ
fbem-27720	27	12	follows	follow	VERB
fbem-27720	27	13	:	:	PUNCT
fbem-27720	27	14	391	391	NUM
fbem-27720	27	15	h01	h01	NOUN
fbem-27720	27	16	:	:	PUNCT
fbem-27720	27	17	the	the	DET
fbem-27720	27	18	r&d	r&d	NOUN
fbem-27720	27	19	investment	investment	NOUN
fbem-27720	27	20	of	of	ADP
fbem-27720	27	21	chinese	chinese	ADJ
fbem-27720	27	22	listed	list	VERB
fbem-27720	27	23	new	new	ADJ
fbem-27720	27	24	energy	energy	NOUN
fbem-27720	27	25	vehicle	vehicle	NOUN
fbem-27720	27	26	enterprises	enterprise	NOUN
fbem-27720	27	27	has	have	VERB
fbem-27720	27	28	no	no	DET
fbem-27720	27	29	significant	significant	ADJ
fbem-27720	27	30	effect	effect	NOUN
fbem-27720	27	31	on	on	ADP
fbem-27720	27	32	financial	financial	ADJ
fbem-27720	27	33	performance	performance	NOUN
fbem-27720	27	34	.	.	PUNCT
fbem-27720	28	1	r&d	r&d	NOUN
fbem-27720	28	2	investment	investment	NOUN
fbem-27720	28	3	can	can	AUX
fbem-27720	28	4	effectively	effectively	ADV
fbem-27720	28	5	promote	promote	VERB
fbem-27720	28	6	r&d	r&d	NOUN
fbem-27720	28	7	output	output	NOUN
fbem-27720	28	8	(	(	PUNCT
fbem-27720	28	9	wang	wang	PROPN
fbem-27720	28	10	k.	k.	PROPN
fbem-27720	28	11	,	,	PUNCT
fbem-27720	28	12	2020	2020	NUM
fbem-27720	28	13	;	;	PUNCT
fbem-27720	28	14	yuan	yuan	PROPN
fbem-27720	28	15	r.	r.	PROPN
fbem-27720	28	16	,	,	PUNCT
fbem-27720	28	17	2020	2020	NUM
fbem-27720	28	18	;	;	PUNCT
fbem-27720	28	19	yuan	yuan	PROPN
fbem-27720	28	20	s.	s.	PROPN
fbem-27720	28	21	,	,	PUNCT
fbem-27720	28	22	2020	2020	NUM
fbem-27720	28	23	;	;	PUNCT
fbem-27720	28	24	fan	fan	NOUN
fbem-27720	28	25	x.	x.	NOUN
fbem-27720	28	26	,	,	PUNCT
fbem-27720	28	27	2021	2021	NUM
fbem-27720	28	28	;	;	PUNCT
fbem-27720	28	29	zhou	zhou	PROPN
fbem-27720	28	30	z.	z.	PROPN
fbem-27720	28	31	,	,	PUNCT
fbem-27720	28	32	2021	2021	NUM
fbem-27720	28	33	;	;	PUNCT
fbem-27720	28	34	li	li	PROPN
fbem-27720	28	35	b.	b.	PROPN
fbem-27720	28	36	,	,	PUNCT
fbem-27720	28	37	2023	2023	NUM
fbem-27720	28	38	;	;	PUNCT
fbem-27720	28	39	xue	xue	PROPN
fbem-27720	28	40	r.	r.	PROPN
fbem-27720	28	41	,	,	PUNCT
fbem-27720	28	42	2023	2023	NUM
fbem-27720	28	43	)	)	PUNCT
fbem-27720	28	44	,	,	PUNCT
fbem-27720	28	45	resulting	result	VERB
fbem-27720	28	46	in	in	ADP
fbem-27720	28	47	a	a	DET
fbem-27720	28	48	series	series	NOUN
fbem-27720	28	49	of	of	ADP
fbem-27720	28	50	new	new	ADJ
fbem-27720	28	51	materials	material	NOUN
fbem-27720	28	52	,	,	PUNCT
fbem-27720	28	53	devices	device	NOUN
fbem-27720	28	54	,	,	PUNCT
fbem-27720	28	55	processes	process	NOUN
fbem-27720	28	56	,	,	PUNCT
fbem-27720	28	57	and	and	CCONJ
fbem-27720	28	58	patents	patent	NOUN
fbem-27720	28	59	.	.	PUNCT
fbem-27720	29	1	however	however	ADV
fbem-27720	29	2	,	,	PUNCT
fbem-27720	29	3	there	there	PRON
fbem-27720	29	4	is	be	VERB
fbem-27720	29	5	not	not	PART
fbem-27720	29	6	a	a	DET
fbem-27720	29	7	linear	linear	ADJ
fbem-27720	29	8	relationship	relationship	NOUN
fbem-27720	29	9	between	between	ADP
fbem-27720	29	10	r&d	r&d	NOUN
fbem-27720	29	11	investment	investment	NOUN
fbem-27720	29	12	and	and	CCONJ
fbem-27720	29	13	output	output	NOUN
fbem-27720	29	14	;	;	PUNCT
fbem-27720	29	15	they	they	PRON
fbem-27720	29	16	do	do	AUX
fbem-27720	29	17	not	not	PART
fbem-27720	29	18	increase	increase	VERB
fbem-27720	29	19	or	or	CCONJ
fbem-27720	29	20	decrease	decrease	VERB
fbem-27720	29	21	proportionally	proportionally	ADV
fbem-27720	29	22	.	.	PUNCT
fbem-27720	30	1	therefore	therefore	ADV
fbem-27720	30	2	,	,	PUNCT
fbem-27720	30	3	excessive	excessive	ADJ
fbem-27720	30	4	r&d	r&d	NOUN
fbem-27720	30	5	investment	investment	NOUN
fbem-27720	30	6	can	can	AUX
fbem-27720	30	7	have	have	VERB
fbem-27720	30	8	a	a	DET
fbem-27720	30	9	negative	negative	ADJ
fbem-27720	30	10	effect	effect	NOUN
fbem-27720	30	11	on	on	ADP
fbem-27720	30	12	r&d	r&d	NOUN
fbem-27720	30	13	output	output	NOUN
fbem-27720	30	14	(	(	PUNCT
fbem-27720	30	15	zhou	zhou	PROPN
fbem-27720	30	16	j.y	j.y	PROPN
fbem-27720	30	17	.	.	PROPN
fbem-27720	30	18	,	,	PUNCT
fbem-27720	30	19	2022	2022	NUM
fbem-27720	30	20	;	;	PUNCT
fbem-27720	30	21	chen	chen	PROPN
fbem-27720	30	22	x.	x.	PROPN
fbem-27720	30	23	,	,	PUNCT
fbem-27720	30	24	2023	2023	NUM
fbem-27720	30	25	)	)	PUNCT
fbem-27720	30	26	.	.	PUNCT
fbem-27720	31	1	financial	financial	ADJ
fbem-27720	31	2	resources	resource	NOUN
fbem-27720	31	3	constrain	constrain	VERB
fbem-27720	31	4	r&d	r&d	NOUN
fbem-27720	31	5	investment	investment	NOUN
fbem-27720	31	6	,	,	PUNCT
fbem-27720	31	7	leading	lead	VERB
fbem-27720	31	8	to	to	ADP
fbem-27720	31	9	uncertain	uncertain	ADJ
fbem-27720	31	10	r&d	r&d	NOUN
fbem-27720	31	11	output	output	NOUN
fbem-27720	31	12	,	,	PUNCT
fbem-27720	31	13	which	which	PRON
fbem-27720	31	14	subsequently	subsequently	ADV
fbem-27720	31	15	impacts	impact	VERB
fbem-27720	31	16	corporate	corporate	ADJ
fbem-27720	31	17	financial	financial	ADJ
fbem-27720	31	18	performance	performance	NOUN
fbem-27720	31	19	(	(	PUNCT
fbem-27720	31	20	ye	ye	NOUN
fbem-27720	31	21	m.	m.	NOUN
fbem-27720	31	22	,	,	PUNCT
fbem-27720	31	23	2022	2022	NUM
fbem-27720	31	24	;	;	PUNCT
fbem-27720	31	25	zhang	zhang	PROPN
fbem-27720	31	26	q.	q.	PROPN
fbem-27720	31	27	,	,	PUNCT
fbem-27720	31	28	2023	2023	NUM
fbem-27720	31	29	)	)	PUNCT
fbem-27720	31	30	.	.	PUNCT
fbem-27720	32	1	therefore	therefore	ADV
fbem-27720	32	2	,	,	PUNCT
fbem-27720	32	3	this	this	DET
fbem-27720	32	4	study	study	NOUN
fbem-27720	32	5	formulates	formulate	VERB
fbem-27720	32	6	h02	h02	NOUN
fbem-27720	32	7	and	and	CCONJ
fbem-27720	32	8	h03	h03	NOUN
fbem-27720	32	9	based	base	VERB
fbem-27720	32	10	on	on	ADP
fbem-27720	32	11	the	the	DET
fbem-27720	32	12	above	above	ADJ
fbem-27720	32	13	evidence	evidence	NOUN
fbem-27720	32	14	.	.	PUNCT
fbem-27720	33	1	h02	h02	NOUN
fbem-27720	33	2	:	:	PUNCT
fbem-27720	33	3	the	the	DET
fbem-27720	33	4	r&d	r&d	NOUN
fbem-27720	33	5	investment	investment	NOUN
fbem-27720	33	6	of	of	ADP
fbem-27720	33	7	chinese	chinese	ADJ
fbem-27720	33	8	listed	list	VERB
fbem-27720	33	9	new	new	ADJ
fbem-27720	33	10	energy	energy	NOUN
fbem-27720	33	11	vehicle	vehicle	NOUN
fbem-27720	33	12	enterprises	enterprise	NOUN
fbem-27720	33	13	has	have	VERB
fbem-27720	33	14	no	no	DET
fbem-27720	33	15	significant	significant	ADJ
fbem-27720	33	16	effect	effect	NOUN
fbem-27720	33	17	on	on	ADP
fbem-27720	33	18	r&d	r&d	NOUN
fbem-27720	33	19	output	output	NOUN
fbem-27720	33	20	.	.	PUNCT
fbem-27720	34	1	h03	h03	NOUN
fbem-27720	34	2	:	:	PUNCT
fbem-27720	34	3	the	the	DET
fbem-27720	34	4	r&d	r&d	NOUN
fbem-27720	34	5	investment	investment	NOUN
fbem-27720	34	6	of	of	ADP
fbem-27720	34	7	chinese	chinese	ADJ
fbem-27720	34	8	listed	list	VERB
fbem-27720	34	9	new	new	ADJ
fbem-27720	34	10	energy	energy	NOUN
fbem-27720	34	11	vehicle	vehicle	NOUN
fbem-27720	34	12	enterprises	enterprise	NOUN
fbem-27720	34	13	has	have	VERB
fbem-27720	34	14	no	no	DET
fbem-27720	34	15	significant	significant	ADJ
fbem-27720	34	16	effect	effect	NOUN
fbem-27720	34	17	on	on	ADP
fbem-27720	34	18	financial	financial	ADJ
fbem-27720	34	19	performance	performance	NOUN
fbem-27720	34	20	through	through	ADP
fbem-27720	34	21	r&d	r&d	NOUN
fbem-27720	34	22	output	output	NOUN
fbem-27720	34	23	.	.	PUNCT
fbem-27720	35	1	1.3	1.3	NUM
fbem-27720	35	2	.	.	PUNCT
fbem-27720	35	3	conceptual	conceptual	ADJ
fbem-27720	35	4	framework	framework	NOUN
fbem-27720	35	5	this	this	DET
fbem-27720	35	6	study	study	NOUN
fbem-27720	35	7	focuses	focus	VERB
fbem-27720	35	8	on	on	ADP
fbem-27720	35	9	the	the	DET
fbem-27720	35	10	effect	effect	NOUN
fbem-27720	35	11	of	of	ADP
fbem-27720	35	12	r&d	r&d	NOUN
fbem-27720	35	13	investment	investment	NOUN
fbem-27720	35	14	on	on	ADP
fbem-27720	35	15	the	the	DET
fbem-27720	35	16	financial	financial	ADJ
fbem-27720	35	17	performance	performance	NOUN
fbem-27720	35	18	of	of	ADP
fbem-27720	35	19	chinese	chinese	PROPN
fbem-27720	35	20	-	-	PUNCT
fbem-27720	35	21	listed	list	VERB
fbem-27720	35	22	new	new	ADJ
fbem-27720	35	23	energy	energy	NOUN
fbem-27720	35	24	vehicle	vehicle	NOUN
fbem-27720	35	25	companies	company	NOUN
fbem-27720	35	26	.	.	PUNCT
fbem-27720	36	1	this	this	DET
fbem-27720	36	2	study	study	NOUN
fbem-27720	36	3	created	create	VERB
fbem-27720	36	4	the	the	DET
fbem-27720	36	5	financial	financial	ADJ
fbem-27720	36	6	performance	performance	NOUN
fbem-27720	36	7	test	test	NOUN
fbem-27720	36	8	model	model	NOUN
fbem-27720	36	9	,	,	PUNCT
fbem-27720	36	10	a	a	DET
fbem-27720	36	11	regression	regression	NOUN
fbem-27720	36	12	model	model	NOUN
fbem-27720	36	13	,	,	PUNCT
fbem-27720	36	14	to	to	PART
fbem-27720	36	15	examine	examine	VERB
fbem-27720	36	16	the	the	DET
fbem-27720	36	17	potential	potential	ADJ
fbem-27720	36	18	significant	significant	ADJ
fbem-27720	36	19	relationship	relationship	NOUN
fbem-27720	36	20	between	between	ADP
fbem-27720	36	21	r&d	r&d	NOUN
fbem-27720	36	22	investment	investment	NOUN
fbem-27720	36	23	and	and	CCONJ
fbem-27720	36	24	financial	financial	ADJ
fbem-27720	36	25	performance	performance	NOUN
fbem-27720	36	26	.	.	PUNCT
fbem-27720	37	1	it	it	PRON
fbem-27720	37	2	uses	use	VERB
fbem-27720	37	3	r&d	r&d	NOUN
fbem-27720	37	4	investment	investment	NOUN
fbem-27720	37	5	as	as	ADP
fbem-27720	37	6	the	the	DET
fbem-27720	37	7	independent	independent	ADJ
fbem-27720	37	8	variable	variable	NOUN
fbem-27720	37	9	,	,	PUNCT
fbem-27720	37	10	financial	financial	ADJ
fbem-27720	37	11	performance	performance	NOUN
fbem-27720	37	12	as	as	ADP
fbem-27720	37	13	the	the	DET
fbem-27720	37	14	dependent	dependent	ADJ
fbem-27720	37	15	variable	variable	NOUN
fbem-27720	37	16	,	,	PUNCT
fbem-27720	37	17	and	and	CCONJ
fbem-27720	37	18	r&d	r&d	NOUN
fbem-27720	37	19	output	output	NOUN
fbem-27720	37	20	as	as	ADP
fbem-27720	37	21	the	the	DET
fbem-27720	37	22	intermediate	intermediate	ADJ
fbem-27720	37	23	variable	variable	NOUN
fbem-27720	37	24	.	.	PUNCT
fbem-27720	38	1	figure	figure	NOUN
fbem-27720	38	2	1	1	NUM
fbem-27720	38	3	.	.	PUNCT
fbem-27720	39	1	conceptual	conceptual	ADJ
fbem-27720	39	2	framework	framework	NOUN
fbem-27720	39	3	the	the	DET
fbem-27720	39	4	r&d	r&d	NOUN
fbem-27720	39	5	investment	investment	NOUN
fbem-27720	39	6	and	and	CCONJ
fbem-27720	39	7	output	output	NOUN
fbem-27720	39	8	of	of	ADP
fbem-27720	39	9	a	a	DET
fbem-27720	39	10	company	company	NOUN
fbem-27720	39	11	affect	affect	VERB
fbem-27720	39	12	its	its	PRON
fbem-27720	39	13	financial	financial	ADJ
fbem-27720	39	14	performance	performance	NOUN
fbem-27720	39	15	,	,	PUNCT
fbem-27720	39	16	core	core	NOUN
fbem-27720	39	17	competitiveness	competitiveness	NOUN
fbem-27720	39	18	,	,	PUNCT
fbem-27720	39	19	and	and	CCONJ
fbem-27720	39	20	technological	technological	ADJ
fbem-27720	39	21	innovation	innovation	NOUN
fbem-27720	39	22	.	.	PUNCT
fbem-27720	40	1	a	a	DET
fbem-27720	40	2	company	company	NOUN
fbem-27720	40	3	's	's	PART
fbem-27720	40	4	research	research	NOUN
fbem-27720	40	5	and	and	CCONJ
fbem-27720	40	6	development	development	NOUN
fbem-27720	40	7	capabilities	capability	NOUN
fbem-27720	40	8	not	not	PART
fbem-27720	40	9	only	only	ADV
fbem-27720	40	10	affect	affect	VERB
fbem-27720	40	11	new	new	ADJ
fbem-27720	40	12	technologies	technology	NOUN
fbem-27720	40	13	but	but	CCONJ
fbem-27720	40	14	also	also	ADV
fbem-27720	40	15	help	help	VERB
fbem-27720	40	16	the	the	DET
fbem-27720	40	17	company	company	NOUN
fbem-27720	40	18	maintain	maintain	VERB
fbem-27720	40	19	a	a	DET
fbem-27720	40	20	competitive	competitive	ADJ
fbem-27720	40	21	advantage	advantage	NOUN
fbem-27720	40	22	.	.	PUNCT
fbem-27720	41	1	in	in	ADP
fbem-27720	41	2	the	the	DET
fbem-27720	41	3	field	field	NOUN
fbem-27720	41	4	of	of	ADP
fbem-27720	41	5	new	new	ADJ
fbem-27720	41	6	energy	energy	NOUN
fbem-27720	41	7	vehicles	vehicle	NOUN
fbem-27720	41	8	,	,	PUNCT
fbem-27720	41	9	there	there	PRON
fbem-27720	41	10	is	be	VERB
fbem-27720	41	11	fierce	fierce	ADJ
fbem-27720	41	12	market	market	NOUN
fbem-27720	41	13	competition	competition	NOUN
fbem-27720	41	14	and	and	CCONJ
fbem-27720	41	15	rapid	rapid	ADJ
fbem-27720	41	16	technological	technological	ADJ
fbem-27720	41	17	updates	update	NOUN
fbem-27720	41	18	.	.	PUNCT
fbem-27720	42	1	therefore	therefore	ADV
fbem-27720	42	2	,	,	PUNCT
fbem-27720	42	3	new	new	ADJ
fbem-27720	42	4	energy	energy	NOUN
fbem-27720	42	5	vehicle	vehicle	NOUN
fbem-27720	42	6	companies	company	NOUN
fbem-27720	42	7	will	will	AUX
fbem-27720	42	8	conduct	conduct	VERB
fbem-27720	42	9	research	research	NOUN
fbem-27720	42	10	on	on	ADP
fbem-27720	42	11	r&d	r&d	NOUN
fbem-27720	42	12	investment	investment	NOUN
fbem-27720	42	13	,	,	PUNCT
fbem-27720	42	14	r&d	r&d	NOUN
fbem-27720	42	15	output	output	NOUN
fbem-27720	42	16	,	,	PUNCT
fbem-27720	42	17	and	and	CCONJ
fbem-27720	42	18	financial	financial	ADJ
fbem-27720	42	19	performance	performance	NOUN
fbem-27720	42	20	,	,	PUNCT
fbem-27720	42	21	which	which	PRON
fbem-27720	42	22	will	will	AUX
fbem-27720	42	23	help	help	VERB
fbem-27720	42	24	companies	company	NOUN
fbem-27720	42	25	increase	increase	VERB
fbem-27720	42	26	r&d	r&d	NOUN
fbem-27720	42	27	output	output	NOUN
fbem-27720	42	28	,	,	PUNCT
fbem-27720	42	29	enhance	enhance	VERB
fbem-27720	42	30	r&d	r&d	NOUN
fbem-27720	42	31	innovation	innovation	NOUN
fbem-27720	42	32	capabilities	capability	NOUN
fbem-27720	42	33	,	,	PUNCT
fbem-27720	42	34	enhance	enhance	VERB
fbem-27720	42	35	their	their	PRON
fbem-27720	42	36	profitability	profitability	NOUN
fbem-27720	42	37	,	,	PUNCT
fbem-27720	42	38	and	and	CCONJ
fbem-27720	42	39	maintain	maintain	VERB
fbem-27720	42	40	their	their	PRON
fbem-27720	42	41	core	core	NOUN
fbem-27720	42	42	competitiveness	competitiveness	NOUN
fbem-27720	42	43	in	in	ADP
fbem-27720	42	44	fierce	fierce	ADJ
fbem-27720	42	45	market	market	NOUN
fbem-27720	42	46	competition	competition	NOUN
fbem-27720	42	47	.	.	PUNCT
fbem-27720	43	1	2	2	X
fbem-27720	43	2	.	.	X
fbem-27720	43	3	methods	method	NOUN
fbem-27720	43	4	2.1	2.1	NUM
fbem-27720	43	5	.	.	PUNCT
fbem-27720	44	1	data	datum	NOUN
fbem-27720	44	2	according	accord	VERB
fbem-27720	44	3	to	to	PART
fbem-27720	44	4	source	source	VERB
fbem-27720	44	5	the	the	DET
fbem-27720	44	6	research	research	NOUN
fbem-27720	44	7	sample	sample	NOUN
fbem-27720	44	8	for	for	ADP
fbem-27720	44	9	this	this	DET
fbem-27720	44	10	study	study	NOUN
fbem-27720	44	11	includes	include	VERB
fbem-27720	44	12	a	a	DET
fbem-27720	44	13	-	-	PUNCT
fbem-27720	44	14	share	share	NOUN
fbem-27720	44	15	listed	list	VERB
fbem-27720	44	16	companies	company	NOUN
fbem-27720	44	17	in	in	ADP
fbem-27720	44	18	the	the	DET
fbem-27720	44	19	new	new	ADJ
fbem-27720	44	20	energy	energy	NOUN
fbem-27720	44	21	vehicle	vehicle	NOUN
fbem-27720	44	22	sector	sector	NOUN
fbem-27720	44	23	on	on	ADP
fbem-27720	44	24	the	the	DET
fbem-27720	44	25	shanghai	shanghai	PROPN
fbem-27720	44	26	and	and	CCONJ
fbem-27720	44	27	shenzhen	shenzhen	PROPN
fbem-27720	44	28	stock	stock	PROPN
fbem-27720	44	29	exchanges	exchange	NOUN
fbem-27720	44	30	,	,	PUNCT
fbem-27720	44	31	certified	certify	VERB
fbem-27720	44	32	by	by	ADP
fbem-27720	44	33	the	the	DET
fbem-27720	44	34	chinese	chinese	ADJ
fbem-27720	44	35	government	government	NOUN
fbem-27720	44	36	from	from	ADP
fbem-27720	44	37	2013	2013	NUM
fbem-27720	44	38	to	to	ADP
fbem-27720	44	39	2023	2023	NUM
fbem-27720	44	40	.	.	PUNCT
fbem-27720	45	1	firstly	firstly	ADV
fbem-27720	45	2	,	,	PUNCT
fbem-27720	45	3	all	all	DET
fbem-27720	45	4	data	datum	NOUN
fbem-27720	45	5	used	use	VERB
fbem-27720	45	6	in	in	ADP
fbem-27720	45	7	this	this	DET
fbem-27720	45	8	study	study	NOUN
fbem-27720	45	9	is	be	AUX
fbem-27720	45	10	secondary	secondary	ADJ
fbem-27720	45	11	data	datum	NOUN
fbem-27720	45	12	sourced	source	VERB
fbem-27720	45	13	from	from	ADP
fbem-27720	45	14	publicly	publicly	ADV
fbem-27720	45	15	available	available	ADJ
fbem-27720	45	16	databases	database	NOUN
fbem-27720	45	17	in	in	ADP
fbem-27720	45	18	china	china	PROPN
fbem-27720	45	19	,	,	PUNCT
fbem-27720	45	20	such	such	ADJ
fbem-27720	45	21	as	as	ADP
fbem-27720	45	22	the	the	DET
fbem-27720	45	23	wind	wind	NOUN
fbem-27720	45	24	database	database	NOUN
fbem-27720	45	25	,	,	PUNCT
fbem-27720	45	26	the	the	DET
fbem-27720	45	27	cnrds	cnrd	NOUN
fbem-27720	45	28	database	database	NOUN
fbem-27720	45	29	,	,	PUNCT
fbem-27720	45	30	the	the	DET
fbem-27720	45	31	csmar	csmar	PROPN
fbem-27720	45	32	database	database	NOUN
fbem-27720	45	33	,	,	PUNCT
fbem-27720	45	34	and	and	CCONJ
fbem-27720	45	35	the	the	DET
fbem-27720	45	36	qianzhan	qianzhan	ADJ
fbem-27720	45	37	database.this	database.this	DET
fbem-27720	45	38	study	study	NOUN
fbem-27720	45	39	emphasize	emphasize	VERB
fbem-27720	45	40	that	that	SCONJ
fbem-27720	45	41	researchers	researcher	NOUN
fbem-27720	45	42	adhere	adhere	VERB
fbem-27720	45	43	to	to	ADP
fbem-27720	45	44	relevant	relevant	ADJ
fbem-27720	45	45	privacy	privacy	NOUN
fbem-27720	45	46	protection	protection	NOUN
fbem-27720	45	47	and	and	CCONJ
fbem-27720	45	48	intellectual	intellectual	ADJ
fbem-27720	45	49	property	property	NOUN
fbem-27720	45	50	laws	law	NOUN
fbem-27720	45	51	and	and	CCONJ
fbem-27720	45	52	regulations	regulation	NOUN
fbem-27720	45	53	,	,	PUNCT
fbem-27720	45	54	and	and	CCONJ
fbem-27720	45	55	collect	collect	VERB
fbem-27720	45	56	data	datum	NOUN
fbem-27720	45	57	through	through	ADP
fbem-27720	45	58	legal	legal	ADJ
fbem-27720	45	59	means	mean	NOUN
fbem-27720	45	60	.	.	PUNCT
fbem-27720	46	1	secondly	secondly	ADV
fbem-27720	46	2	,	,	PUNCT
fbem-27720	46	3	in	in	ADP
fbem-27720	46	4	the	the	DET
fbem-27720	46	5	a	a	DET
fbem-27720	46	6	-	-	PUNCT
fbem-27720	46	7	share	share	NOUN
fbem-27720	46	8	markets	market	NOUN
fbem-27720	46	9	of	of	ADP
fbem-27720	46	10	shanghai	shanghai	PROPN
fbem-27720	46	11	and	and	CCONJ
fbem-27720	46	12	shenzhen	shenzhen	PROPN
fbem-27720	46	13	,	,	PUNCT
fbem-27720	46	14	companies	company	NOUN
fbem-27720	46	15	marked	mark	VERB
fbem-27720	46	16	as	as	ADP
fbem-27720	46	17	st	st	PROPN
fbem-27720	46	18	,	,	PUNCT
fbem-27720	46	19	st	st	PROPN
fbem-27720	46	20	*	*	PROPN
fbem-27720	46	21	,	,	PUNCT
fbem-27720	46	22	and	and	CCONJ
fbem-27720	46	23	pt	pt	PROPN
fbem-27720	46	24	typically	typically	ADV
fbem-27720	46	25	indicate	indicate	VERB
fbem-27720	46	26	specific	specific	ADJ
fbem-27720	46	27	financial	financial	ADJ
fbem-27720	46	28	or	or	CCONJ
fbem-27720	46	29	operational	operational	ADJ
fbem-27720	46	30	difficulties	difficulty	NOUN
fbem-27720	46	31	.	.	PUNCT
fbem-27720	47	1	therefore	therefore	ADV
fbem-27720	47	2	,	,	PUNCT
fbem-27720	47	3	this	this	DET
fbem-27720	47	4	study	study	NOUN
fbem-27720	47	5	excludes	exclude	VERB
fbem-27720	47	6	these	these	DET
fbem-27720	47	7	companies	company	NOUN
fbem-27720	47	8	.	.	PUNCT
fbem-27720	48	1	additionally	additionally	ADV
fbem-27720	48	2	,	,	PUNCT
fbem-27720	48	3	the	the	DET
fbem-27720	48	4	time	time	NOUN
fbem-27720	48	5	span	span	NOUN
fbem-27720	48	6	of	of	ADP
fbem-27720	48	7	this	this	DET
fbem-27720	48	8	study	study	NOUN
fbem-27720	48	9	is	be	AUX
fbem-27720	48	10	from	from	ADP
fbem-27720	48	11	2013	2013	NUM
fbem-27720	48	12	to	to	ADP
fbem-27720	48	13	2023	2023	NUM
fbem-27720	48	14	.	.	PUNCT
fbem-27720	49	1	to	to	PART
fbem-27720	49	2	ensure	ensure	VERB
fbem-27720	49	3	data	datum	NOUN
fbem-27720	49	4	reliability	reliability	NOUN
fbem-27720	49	5	and	and	CCONJ
fbem-27720	49	6	completeness	completeness	NOUN
fbem-27720	49	7	,	,	PUNCT
fbem-27720	49	8	this	this	DET
fbem-27720	49	9	study	study	NOUN
fbem-27720	49	10	also	also	ADV
fbem-27720	49	11	exclude	exclude	VERB
fbem-27720	49	12	any	any	DET
fbem-27720	49	13	incomplete	incomplete	ADJ
fbem-27720	49	14	data	datum	NOUN
fbem-27720	49	15	for	for	ADP
fbem-27720	49	16	any	any	DET
fbem-27720	49	17	company	company	NOUN
fbem-27720	49	18	during	during	ADP
fbem-27720	49	19	this	this	DET
fbem-27720	49	20	period	period	NOUN
fbem-27720	49	21	.	.	PUNCT
fbem-27720	50	1	finally	finally	ADV
fbem-27720	50	2	,	,	PUNCT
fbem-27720	50	3	based	base	VERB
fbem-27720	50	4	on	on	ADP
fbem-27720	50	5	the	the	DET
fbem-27720	50	6	above	above	ADJ
fbem-27720	50	7	criteria	criterion	NOUN
fbem-27720	50	8	,	,	PUNCT
fbem-27720	50	9	this	this	DET
fbem-27720	50	10	study	study	NOUN
fbem-27720	50	11	has	have	AUX
fbem-27720	50	12	identified	identify	VERB
fbem-27720	50	13	62	62	NUM
fbem-27720	50	14	companies	company	NOUN
fbem-27720	50	15	that	that	PRON
fbem-27720	50	16	meet	meet	VERB
fbem-27720	50	17	the	the	DET
fbem-27720	50	18	requirements	requirement	NOUN
fbem-27720	50	19	.	.	PUNCT
fbem-27720	51	1	this	this	DET
fbem-27720	51	2	study	study	NOUN
fbem-27720	51	3	will	will	AUX
fbem-27720	51	4	utilize	utilize	VERB
fbem-27720	51	5	excel	excel	VERB
fbem-27720	51	6	2013	2013	NUM
fbem-27720	51	7	for	for	ADP
fbem-27720	51	8	data	datum	NOUN
fbem-27720	51	9	organization	organization	NOUN
fbem-27720	51	10	and	and	CCONJ
fbem-27720	51	11	stata	stata	VERB
fbem-27720	51	12	17.0	17.0	NUM
fbem-27720	51	13	software	software	NOUN
fbem-27720	51	14	for	for	ADP
fbem-27720	51	15	data	data	NOUN
fbem-27720	51	16	processing	processing	NOUN
fbem-27720	51	17	and	and	CCONJ
fbem-27720	51	18	empirical	empirical	ADJ
fbem-27720	51	19	testing	testing	NOUN
fbem-27720	51	20	.	.	PUNCT
fbem-27720	52	1	2.2	2.2	NUM
fbem-27720	52	2	.	.	PUNCT
fbem-27720	52	3	data	datum	NOUN
fbem-27720	52	4	according	accord	VERB
fbem-27720	52	5	to	to	AUX
fbem-27720	52	6	method	method	NOUN
fbem-27720	52	7	this	this	DET
fbem-27720	52	8	study	study	NOUN
fbem-27720	52	9	will	will	AUX
fbem-27720	52	10	employ	employ	VERB
fbem-27720	52	11	empirical	empirical	ADJ
fbem-27720	52	12	research	research	NOUN
fbem-27720	52	13	,	,	PUNCT
fbem-27720	52	14	keeping	keep	VERB
fbem-27720	52	15	in	in	ADP
fbem-27720	52	16	mind	mind	NOUN
fbem-27720	52	17	the	the	DET
fbem-27720	52	18	theme	theme	NOUN
fbem-27720	52	19	of	of	ADP
fbem-27720	52	20	this	this	DET
fbem-27720	52	21	study	study	NOUN
fbem-27720	52	22	.	.	PUNCT
fbem-27720	53	1	hence	hence	ADV
fbem-27720	53	2	,	,	PUNCT
fbem-27720	53	3	this	this	DET
fbem-27720	53	4	section	section	NOUN
fbem-27720	53	5	presents	present	VERB
fbem-27720	53	6	numerical	numerical	PROPN
fbem-27720	53	7	data	data	PROPN
fbem-27720	53	8	.	.	PUNCT
fbem-27720	54	1	the	the	DET
fbem-27720	54	2	numerical	numerical	ADJ
fbem-27720	54	3	data	datum	NOUN
fbem-27720	54	4	in	in	ADP
fbem-27720	54	5	this	this	DET
fbem-27720	54	6	section	section	NOUN
fbem-27720	54	7	refer	refer	VERB
fbem-27720	54	8	to	to	ADP
fbem-27720	54	9	the	the	DET
fbem-27720	54	10	relevant	relevant	ADJ
fbem-27720	54	11	variables	variable	NOUN
fbem-27720	54	12	involved	involve	VERB
fbem-27720	54	13	in	in	ADP
fbem-27720	54	14	this	this	DET
fbem-27720	54	15	study	study	NOUN
fbem-27720	54	16	.	.	PUNCT
fbem-27720	55	1	here	here	ADV
fbem-27720	55	2	's	be	AUX
fbem-27720	55	3	the	the	DET
fbem-27720	55	4	specific	specific	ADJ
fbem-27720	55	5	variable	variable	ADJ
fbem-27720	55	6	information	information	NOUN
fbem-27720	55	7	:	:	PUNCT
fbem-27720	55	8	1	1	X
fbem-27720	55	9	)	)	PUNCT
fbem-27720	55	10	independence	independence	NOUN
fbem-27720	55	11	variable	variable	VERB
fbem-27720	55	12	the	the	DET
fbem-27720	55	13	independent	independent	ADJ
fbem-27720	55	14	variable	variable	NOUN
fbem-27720	55	15	of	of	ADP
fbem-27720	55	16	this	this	DET
fbem-27720	55	17	study	study	NOUN
fbem-27720	55	18	is	be	AUX
fbem-27720	55	19	r&d	r&d	NOUN
fbem-27720	55	20	investment	investment	NOUN
fbem-27720	55	21	,	,	PUNCT
fbem-27720	55	22	primarily	primarily	ADV
fbem-27720	55	23	measured	measure	VERB
fbem-27720	55	24	by	by	ADP
fbem-27720	55	25	the	the	DET
fbem-27720	55	26	r&d	r&d	NOUN
fbem-27720	55	27	capital	capital	NOUN
fbem-27720	55	28	investment	investment	NOUN
fbem-27720	55	29	intensity	intensity	NOUN
fbem-27720	55	30	and	and	CCONJ
fbem-27720	55	31	r&d	r&d	NOUN
fbem-27720	55	32	manpower	manpower	NOUN
fbem-27720	55	33	investment	investment	NOUN
fbem-27720	55	34	intensity	intensity	NOUN
fbem-27720	55	35	.	.	PUNCT
fbem-27720	56	1	r&d	r&d	NOUN
fbem-27720	56	2	capital	capital	NOUN
fbem-27720	56	3	investment	investment	NOUN
fbem-27720	56	4	intensity	intensity	NOUN
fbem-27720	56	5	refers	refer	VERB
fbem-27720	56	6	to	to	ADP
fbem-27720	56	7	the	the	DET
fbem-27720	56	8	proportion	proportion	NOUN
fbem-27720	56	9	of	of	ADP
fbem-27720	56	10	r&d	r&d	NOUN
fbem-27720	56	11	output	output	NOUN
fbem-27720	56	12	to	to	ADP
fbem-27720	56	13	business	business	NOUN
fbem-27720	56	14	revenue	revenue	NOUN
fbem-27720	56	15	during	during	ADP
fbem-27720	56	16	the	the	DET
fbem-27720	56	17	r&d	r&d	NOUN
fbem-27720	56	18	process	process	NOUN
fbem-27720	56	19	;	;	PUNCT
fbem-27720	56	20	it	it	PRON
fbem-27720	56	21	serves	serve	VERB
fbem-27720	56	22	as	as	ADP
fbem-27720	56	23	a	a	DET
fbem-27720	56	24	measure	measure	NOUN
fbem-27720	56	25	of	of	ADP
fbem-27720	56	26	r&d	r&d	NOUN
fbem-27720	56	27	capital	capital	NOUN
fbem-27720	56	28	intensity	intensity	NOUN
fbem-27720	56	29	.	.	PUNCT
fbem-27720	57	1	also	also	ADV
fbem-27720	57	2	,	,	PUNCT
fbem-27720	57	3	because	because	SCONJ
fbem-27720	57	4	major	major	ADJ
fbem-27720	57	5	databases	database	NOUN
fbem-27720	57	6	do	do	AUX
fbem-27720	57	7	n't	not	PART
fbem-27720	57	8	have	have	VERB
fbem-27720	57	9	enough	enough	ADJ
fbem-27720	57	10	information	information	NOUN
fbem-27720	57	11	on	on	ADP
fbem-27720	57	12	the	the	DET
fbem-27720	57	13	number	number	NOUN
fbem-27720	57	14	and	and	CCONJ
fbem-27720	57	15	percentage	percentage	NOUN
fbem-27720	57	16	of	of	ADP
fbem-27720	57	17	r&d	r&d	NOUN
fbem-27720	57	18	workers	worker	NOUN
fbem-27720	57	19	to	to	PART
fbem-27720	57	20	meet	meet	VERB
fbem-27720	57	21	the	the	DET
fbem-27720	57	22	needs	need	NOUN
fbem-27720	57	23	of	of	ADP
fbem-27720	57	24	this	this	DET
fbem-27720	57	25	research	research	NOUN
fbem-27720	57	26	,	,	PUNCT
fbem-27720	57	27	the	the	DET
fbem-27720	57	28	proportion	proportion	NOUN
fbem-27720	57	29	of	of	ADP
fbem-27720	57	30	technicians	technician	NOUN
fbem-27720	57	31	to	to	PART
fbem-27720	57	32	total	total	ADJ
fbem-27720	57	33	employees	employee	NOUN
fbem-27720	57	34	is	be	AUX
fbem-27720	57	35	used	use	VERB
fbem-27720	57	36	as	as	ADP
fbem-27720	57	37	a	a	DET
fbem-27720	57	38	stand	stand	NOUN
fbem-27720	57	39	-	-	PUNCT
fbem-27720	57	40	in	in	NOUN
fbem-27720	57	41	for	for	ADP
fbem-27720	57	42	the	the	DET
fbem-27720	57	43	intensity	intensity	NOUN
fbem-27720	57	44	of	of	ADP
fbem-27720	57	45	r&d	r&d	NOUN
fbem-27720	57	46	worker	worker	NOUN
fbem-27720	57	47	investment	investment	NOUN
fbem-27720	57	48	in	in	ADP
fbem-27720	57	49	this	this	DET
fbem-27720	57	50	study	study	NOUN
fbem-27720	57	51	.	.	PUNCT
fbem-27720	58	1	2	2	X
fbem-27720	58	2	)	)	PUNCT
fbem-27720	58	3	mediating	mediate	VERB
fbem-27720	58	4	variable	variable	NOUN
fbem-27720	58	5	the	the	DET
fbem-27720	58	6	mediating	mediate	VERB
fbem-27720	58	7	variable	variable	NOUN
fbem-27720	58	8	of	of	ADP
fbem-27720	58	9	this	this	DET
fbem-27720	58	10	study	study	NOUN
fbem-27720	58	11	is	be	AUX
fbem-27720	58	12	r&d	r&d	NOUN
fbem-27720	58	13	output	output	NOUN
fbem-27720	58	14	,	,	PUNCT
fbem-27720	58	15	primarily	primarily	ADV
fbem-27720	58	16	measured	measure	VERB
fbem-27720	58	17	by	by	ADP
fbem-27720	58	18	the	the	DET
fbem-27720	58	19	number	number	NOUN
fbem-27720	58	20	of	of	ADP
fbem-27720	58	21	patents	patent	NOUN
fbem-27720	58	22	and	and	CCONJ
fbem-27720	58	23	the	the	DET
fbem-27720	58	24	net	net	ADJ
fbem-27720	58	25	value	value	NOUN
fbem-27720	58	26	of	of	ADP
fbem-27720	58	27	intangible	intangible	ADJ
fbem-27720	58	28	assets	asset	NOUN
fbem-27720	58	29	.	.	PUNCT
fbem-27720	59	1	the	the	DET
fbem-27720	59	2	number	number	NOUN
fbem-27720	59	3	of	of	ADP
fbem-27720	59	4	patents	patent	NOUN
fbem-27720	59	5	most	most	ADV
fbem-27720	59	6	directly	directly	ADV
fbem-27720	59	7	reflects	reflect	VERB
fbem-27720	59	8	the	the	DET
fbem-27720	59	9	output	output	NOUN
fbem-27720	59	10	of	of	ADP
fbem-27720	59	11	innovation	innovation	NOUN
fbem-27720	59	12	in	in	ADP
fbem-27720	59	13	a	a	DET
fbem-27720	59	14	company	company	NOUN
fbem-27720	59	15	's	's	PART
fbem-27720	59	16	r&d	r&d	NOUN
fbem-27720	59	17	activities	activity	NOUN
fbem-27720	59	18	,	,	PUNCT
fbem-27720	59	19	thereby	thereby	ADV
fbem-27720	59	20	illustrating	illustrate	VERB
fbem-27720	59	21	the	the	DET
fbem-27720	59	22	relationship	relationship	NOUN
fbem-27720	59	23	between	between	ADP
fbem-27720	59	24	r&d	r&d	NOUN
fbem-27720	59	25	investment	investment	NOUN
fbem-27720	59	26	and	and	CCONJ
fbem-27720	59	27	output	output	NOUN
fbem-27720	59	28	.	.	PUNCT
fbem-27720	60	1	since	since	SCONJ
fbem-27720	60	2	the	the	DET
fbem-27720	60	3	number	number	NOUN
fbem-27720	60	4	of	of	ADP
fbem-27720	60	5	patents	patent	NOUN
fbem-27720	60	6	is	be	AUX
fbem-27720	60	7	quantifiable	quantifiable	ADJ
fbem-27720	60	8	and	and	CCONJ
fbem-27720	60	9	directly	directly	ADV
fbem-27720	60	10	represents	represent	VERB
fbem-27720	60	11	a	a	DET
fbem-27720	60	12	company	company	NOUN
fbem-27720	60	13	's	's	PART
fbem-27720	60	14	r&d	r&d	NOUN
fbem-27720	60	15	achievements	achievement	NOUN
fbem-27720	60	16	,	,	PUNCT
fbem-27720	60	17	it	it	PRON
fbem-27720	60	18	can	can	AUX
fbem-27720	60	19	serve	serve	VERB
fbem-27720	60	20	as	as	ADP
fbem-27720	60	21	a	a	DET
fbem-27720	60	22	measure	measure	NOUN
fbem-27720	60	23	of	of	ADP
fbem-27720	60	24	r&d	r&d	NOUN
fbem-27720	60	25	output	output	NOUN
fbem-27720	60	26	(	(	PUNCT
fbem-27720	60	27	griliches	griliche	NOUN
fbem-27720	60	28	,	,	PUNCT
fbem-27720	60	29	1990	1990	NUM
fbem-27720	60	30	;	;	PUNCT
fbem-27720	60	31	lev	lev	NOUN
fbem-27720	60	32	,	,	PUNCT
fbem-27720	60	33	1999	1999	NUM
fbem-27720	60	34	;	;	PUNCT
fbem-27720	60	35	seru	seru	PROPN
fbem-27720	60	36	,	,	PUNCT
fbem-27720	60	37	2014	2014	NUM
fbem-27720	60	38	)	)	PUNCT
fbem-27720	60	39	.	.	PUNCT
fbem-27720	61	1	however	however	ADV
fbem-27720	61	2	,	,	PUNCT
fbem-27720	61	3	this	this	DET
fbem-27720	61	4	study	study	NOUN
fbem-27720	61	5	uses	use	VERB
fbem-27720	61	6	the	the	DET
fbem-27720	61	7	annual	annual	ADJ
fbem-27720	61	8	increase	increase	NOUN
fbem-27720	61	9	in	in	ADP
fbem-27720	61	10	patents	patent	NOUN
fbem-27720	61	11	as	as	ADP
fbem-27720	61	12	the	the	DET
fbem-27720	61	13	r&d	r&d	NOUN
fbem-27720	61	14	increment	increment	NOUN
fbem-27720	61	15	,	,	PUNCT
fbem-27720	61	16	highlighting	highlight	VERB
fbem-27720	61	17	the	the	DET
fbem-27720	61	18	yearly	yearly	ADJ
fbem-27720	61	19	output	output	NOUN
fbem-27720	61	20	and	and	CCONJ
fbem-27720	61	21	efficiency	efficiency	NOUN
fbem-27720	61	22	of	of	ADP
fbem-27720	61	23	a	a	DET
fbem-27720	61	24	company	company	NOUN
fbem-27720	61	25	's	's	PART
fbem-27720	61	26	r&d	r&d	NOUN
fbem-27720	61	27	efforts	effort	NOUN
fbem-27720	61	28	.	.	PUNCT
fbem-27720	62	1	they	they	PRON
fbem-27720	62	2	consider	consider	VERB
fbem-27720	62	3	intangible	intangible	ADJ
fbem-27720	62	4	assets	asset	NOUN
fbem-27720	62	5	as	as	ADP
fbem-27720	62	6	a	a	DET
fbem-27720	62	7	variable	variable	NOUN
fbem-27720	62	8	that	that	PRON
fbem-27720	62	9	represents	represent	VERB
fbem-27720	62	10	the	the	DET
fbem-27720	62	11	effectiveness	effectiveness	NOUN
fbem-27720	62	12	of	of	ADP
fbem-27720	62	13	r&d	r&d	NOUN
fbem-27720	62	14	output	output	NOUN
fbem-27720	62	15	,	,	PUNCT
fbem-27720	62	16	drawing	draw	VERB
fbem-27720	62	17	on	on	ADP
fbem-27720	62	18	the	the	DET
fbem-27720	62	19	work	work	NOUN
fbem-27720	62	20	of	of	ADP
fbem-27720	62	21	fortune	fortune	NOUN
fbem-27720	62	22	and	and	CCONJ
fbem-27720	62	23	shelton	shelton	PROPN
fbem-27720	62	24	in	in	ADP
fbem-27720	62	25	2012	2012	NUM
fbem-27720	62	26	.	.	PUNCT
fbem-27720	63	1	while	while	SCONJ
fbem-27720	63	2	the	the	DET
fbem-27720	63	3	quantity	quantity	NOUN
fbem-27720	63	4	of	of	ADP
fbem-27720	63	5	patents	patent	NOUN
fbem-27720	63	6	can	can	AUX
fbem-27720	63	7	more	more	ADV
fbem-27720	63	8	directly	directly	ADV
fbem-27720	63	9	reflect	reflect	VERB
fbem-27720	63	10	innovation	innovation	NOUN
fbem-27720	63	11	output	output	NOUN
fbem-27720	63	12	,	,	PUNCT
fbem-27720	63	13	capturing	capture	VERB
fbem-27720	63	14	firms	firm	NOUN
fbem-27720	63	15	'	'	PART
fbem-27720	63	16	long	long	ADJ
fbem-27720	63	17	-	-	PUNCT
fbem-27720	63	18	term	term	NOUN
fbem-27720	63	19	accumulation	accumulation	NOUN
fbem-27720	63	20	and	and	CCONJ
fbem-27720	63	21	absorptive	absorptive	ADJ
fbem-27720	63	22	capacity	capacity	NOUN
fbem-27720	63	23	for	for	ADP
fbem-27720	63	24	knowledge	knowledge	NOUN
fbem-27720	63	25	and	and	CCONJ
fbem-27720	63	26	technology	technology	NOUN
fbem-27720	63	27	can	can	AUX
fbem-27720	63	28	be	be	AUX
fbem-27720	63	29	challenging	challenge	VERB
fbem-27720	63	30	,	,	PUNCT
fbem-27720	63	31	as	as	SCONJ
fbem-27720	63	32	noted	note	VERB
fbem-27720	63	33	by	by	ADP
fbem-27720	63	34	aldieri	aldieri	PROPN
fbem-27720	63	35	in	in	ADP
fbem-27720	63	36	2018	2018	NUM
fbem-27720	63	37	.	.	PUNCT
fbem-27720	64	1	consequently	consequently	ADV
fbem-27720	64	2	,	,	PUNCT
fbem-27720	64	3	the	the	DET
fbem-27720	64	4	measurement	measurement	NOUN
fbem-27720	64	5	effect	effect	NOUN
fbem-27720	64	6	of	of	ADP
fbem-27720	64	7	intangible	intangible	ADJ
fbem-27720	64	8	asset	asset	NOUN
fbem-27720	64	9	stock	stock	NOUN
fbem-27720	64	10	is	be	AUX
fbem-27720	64	11	more	more	ADV
fbem-27720	64	12	effective	effective	ADJ
fbem-27720	64	13	in	in	ADP
fbem-27720	64	14	this	this	DET
fbem-27720	64	15	context	context	NOUN
fbem-27720	64	16	.	.	PUNCT
fbem-27720	65	1	therefore	therefore	ADV
fbem-27720	65	2	,	,	PUNCT
fbem-27720	65	3	this	this	DET
fbem-27720	65	4	study	study	NOUN
fbem-27720	65	5	uses	use	VERB
fbem-27720	65	6	the	the	DET
fbem-27720	65	7	net	net	ADJ
fbem-27720	65	8	value	value	NOUN
fbem-27720	65	9	of	of	ADP
fbem-27720	65	10	intangible	intangible	ADJ
fbem-27720	65	11	assets	asset	NOUN
fbem-27720	65	12	as	as	ADP
fbem-27720	65	13	a	a	DET
fbem-27720	65	14	measure	measure	NOUN
fbem-27720	65	15	of	of	ADP
fbem-27720	65	16	r&d	r&d	NOUN
fbem-27720	65	17	output	output	NOUN
fbem-27720	65	18	.	.	PUNCT
fbem-27720	66	1	3	3	X
fbem-27720	66	2	)	)	PUNCT
fbem-27720	66	3	dependence	dependence	NOUN
fbem-27720	66	4	variable	variable	NOUN
fbem-27720	66	5	the	the	DET
fbem-27720	66	6	financial	financial	ADJ
fbem-27720	66	7	performance	performance	NOUN
fbem-27720	66	8	can	can	AUX
fbem-27720	66	9	reflect	reflect	VERB
fbem-27720	66	10	both	both	CCONJ
fbem-27720	66	11	the	the	DET
fbem-27720	66	12	long	long	ADJ
fbem-27720	66	13	-	-	PUNCT
fbem-27720	66	14	term	term	NOUN
fbem-27720	66	15	performance	performance	NOUN
fbem-27720	66	16	and	and	CCONJ
fbem-27720	66	17	future	future	ADJ
fbem-27720	66	18	cash	cash	NOUN
fbem-27720	66	19	flow	flow	NOUN
fbem-27720	66	20	earnings	earning	NOUN
fbem-27720	66	21	information	information	NOUN
fbem-27720	66	22	.	.	PUNCT
fbem-27720	67	1	in	in	ADP
fbem-27720	67	2	this	this	DET
fbem-27720	67	3	study	study	NOUN
fbem-27720	67	4	,	,	PUNCT
fbem-27720	67	5	the	the	DET
fbem-27720	67	6	dependent	dependent	ADJ
fbem-27720	67	7	variable	variable	NOUN
fbem-27720	67	8	is	be	AUX
fbem-27720	67	9	the	the	DET
fbem-27720	67	10	financial	financial	ADJ
fbem-27720	67	11	performance	performance	NOUN
fbem-27720	67	12	of	of	ADP
fbem-27720	67	13	enterprises	enterprise	NOUN
fbem-27720	67	14	,	,	PUNCT
fbem-27720	67	15	primarily	primarily	ADV
fbem-27720	67	16	measured	measure	VERB
fbem-27720	67	17	by	by	ADP
fbem-27720	67	18	return	return	NOUN
fbem-27720	67	19	on	on	ADP
fbem-27720	67	20	392	392	NUM
fbem-27720	67	21	investment	investment	NOUN
fbem-27720	67	22	(	(	PUNCT
fbem-27720	67	23	roi	roi	NOUN
fbem-27720	67	24	)	)	PUNCT
fbem-27720	67	25	,	,	PUNCT
fbem-27720	67	26	return	return	VERB
fbem-27720	67	27	on	on	ADP
fbem-27720	67	28	invested	invest	VERB
fbem-27720	67	29	capital	capital	NOUN
fbem-27720	67	30	(	(	PUNCT
fbem-27720	67	31	roic	roic	ADJ
fbem-27720	67	32	)	)	PUNCT
fbem-27720	67	33	,	,	PUNCT
fbem-27720	67	34	return	return	VERB
fbem-27720	67	35	on	on	ADP
fbem-27720	67	36	equity	equity	NOUN
fbem-27720	67	37	(	(	PUNCT
fbem-27720	67	38	roe	roe	NOUN
fbem-27720	67	39	-	-	PUNCT
fbem-27720	67	40	dupont	dupont	PROPN
fbem-27720	67	41	)	)	PUNCT
fbem-27720	67	42	,	,	PUNCT
fbem-27720	67	43	and	and	CCONJ
fbem-27720	67	44	return	return	VERB
fbem-27720	67	45	on	on	ADP
fbem-27720	67	46	assets	asset	NOUN
fbem-27720	67	47	(	(	PUNCT
fbem-27720	67	48	roa	roa	NOUN
fbem-27720	67	49	)	)	PUNCT
fbem-27720	67	50	.	.	PUNCT
fbem-27720	68	1	return	return	NOUN
fbem-27720	68	2	on	on	ADP
fbem-27720	68	3	investment	investment	NOUN
fbem-27720	68	4	(	(	PUNCT
fbem-27720	68	5	roi	roi	NOUN
fbem-27720	68	6	)	)	PUNCT
fbem-27720	68	7	is	be	AUX
fbem-27720	68	8	assessing	assess	VERB
fbem-27720	68	9	the	the	DET
fbem-27720	68	10	rate	rate	NOUN
fbem-27720	68	11	of	of	ADP
fbem-27720	68	12	return	return	NOUN
fbem-27720	68	13	on	on	ADP
fbem-27720	68	14	investment	investment	NOUN
fbem-27720	68	15	in	in	ADP
fbem-27720	68	16	specific	specific	ADJ
fbem-27720	68	17	projects	project	NOUN
fbem-27720	68	18	or	or	CCONJ
fbem-27720	68	19	assets	asset	NOUN
fbem-27720	68	20	.	.	PUNCT
fbem-27720	69	1	this	this	DET
fbem-27720	69	2	study	study	NOUN
fbem-27720	69	3	can	can	AUX
fbem-27720	69	4	use	use	VERB
fbem-27720	69	5	roi	roi	NOUN
fbem-27720	69	6	to	to	PART
fbem-27720	69	7	evaluate	evaluate	VERB
fbem-27720	69	8	the	the	DET
fbem-27720	69	9	return	return	NOUN
fbem-27720	69	10	on	on	ADP
fbem-27720	69	11	investment	investment	NOUN
fbem-27720	69	12	in	in	ADP
fbem-27720	69	13	r&d	r&d	NOUN
fbem-27720	69	14	of	of	ADP
fbem-27720	69	15	new	new	ADJ
fbem-27720	69	16	energy	energy	NOUN
fbem-27720	69	17	vehicles	vehicle	NOUN
fbem-27720	69	18	,	,	PUNCT
fbem-27720	69	19	specifically	specifically	ADV
fbem-27720	69	20	the	the	DET
fbem-27720	69	21	profit	profit	NOUN
fbem-27720	69	22	growth	growth	NOUN
fbem-27720	69	23	resulting	result	VERB
fbem-27720	69	24	from	from	ADP
fbem-27720	69	25	r&d	r&d	NOUN
fbem-27720	69	26	output	output	NOUN
fbem-27720	69	27	.	.	PUNCT
fbem-27720	70	1	companies	company	NOUN
fbem-27720	70	2	use	use	VERB
fbem-27720	70	3	all	all	DET
fbem-27720	70	4	capital	capital	NOUN
fbem-27720	70	5	,	,	PUNCT
fbem-27720	70	6	including	include	VERB
fbem-27720	70	7	shareholder	shareholder	NOUN
fbem-27720	70	8	equity	equity	NOUN
fbem-27720	70	9	and	and	CCONJ
fbem-27720	70	10	debt	debt	NOUN
fbem-27720	70	11	,	,	PUNCT
fbem-27720	70	12	to	to	PART
fbem-27720	70	13	obtain	obtain	VERB
fbem-27720	70	14	a	a	DET
fbem-27720	70	15	return	return	NOUN
fbem-27720	70	16	,	,	PUNCT
fbem-27720	70	17	known	know	VERB
fbem-27720	70	18	as	as	ADP
fbem-27720	70	19	the	the	DET
fbem-27720	70	20	return	return	NOUN
fbem-27720	70	21	on	on	ADP
fbem-27720	70	22	invested	invest	VERB
fbem-27720	70	23	capital	capital	NOUN
fbem-27720	70	24	(	(	PUNCT
fbem-27720	70	25	roic	roic	ADJ
fbem-27720	70	26	)	)	PUNCT
fbem-27720	70	27	.	.	PUNCT
fbem-27720	71	1	in	in	ADP
fbem-27720	71	2	the	the	DET
fbem-27720	71	3	context	context	NOUN
fbem-27720	71	4	of	of	ADP
fbem-27720	71	5	new	new	ADJ
fbem-27720	71	6	energy	energy	NOUN
fbem-27720	71	7	vehicle	vehicle	NOUN
fbem-27720	71	8	enterprises	enterprise	NOUN
fbem-27720	71	9	,	,	PUNCT
fbem-27720	71	10	roic	roic	ADJ
fbem-27720	71	11	can	can	AUX
fbem-27720	71	12	evaluate	evaluate	VERB
fbem-27720	71	13	how	how	SCONJ
fbem-27720	71	14	effectively	effectively	ADV
fbem-27720	71	15	companies	company	NOUN
fbem-27720	71	16	utilize	utilize	VERB
fbem-27720	71	17	capital	capital	NOUN
fbem-27720	71	18	for	for	ADP
fbem-27720	71	19	r&d	r&d	NOUN
fbem-27720	71	20	output	output	NOUN
fbem-27720	71	21	to	to	PART
fbem-27720	71	22	achieve	achieve	VERB
fbem-27720	71	23	higher	high	ADJ
fbem-27720	71	24	profit	profit	NOUN
fbem-27720	71	25	margins	margin	NOUN
fbem-27720	71	26	.	.	PUNCT
fbem-27720	72	1	return	return	NOUN
fbem-27720	72	2	on	on	ADP
fbem-27720	72	3	assets	asset	NOUN
fbem-27720	72	4	(	(	PUNCT
fbem-27720	72	5	roa	roa	NOUN
fbem-27720	72	6	)	)	PUNCT
fbem-27720	72	7	represents	represent	VERB
fbem-27720	72	8	the	the	DET
fbem-27720	72	9	ratio	ratio	NOUN
fbem-27720	72	10	of	of	ADP
fbem-27720	72	11	earnings	earning	NOUN
fbem-27720	72	12	achieved	achieve	VERB
fbem-27720	72	13	by	by	ADP
fbem-27720	72	14	an	an	DET
fbem-27720	72	15	enterprise	enterprise	NOUN
fbem-27720	72	16	during	during	ADP
fbem-27720	72	17	a	a	DET
fbem-27720	72	18	specific	specific	ADJ
fbem-27720	72	19	period	period	NOUN
fbem-27720	72	20	to	to	ADP
fbem-27720	72	21	its	its	PRON
fbem-27720	72	22	total	total	ADJ
fbem-27720	72	23	assets	asset	NOUN
fbem-27720	72	24	for	for	ADP
fbem-27720	72	25	that	that	DET
fbem-27720	72	26	period	period	NOUN
fbem-27720	72	27	.	.	PUNCT
fbem-27720	73	1	it	it	PRON
fbem-27720	73	2	is	be	AUX
fbem-27720	73	3	a	a	DET
fbem-27720	73	4	core	core	NOUN
fbem-27720	73	5	indicator	indicator	NOUN
fbem-27720	73	6	reflecting	reflect	VERB
fbem-27720	73	7	the	the	DET
fbem-27720	73	8	comprehensive	comprehensive	ADJ
fbem-27720	73	9	utilization	utilization	NOUN
fbem-27720	73	10	of	of	ADP
fbem-27720	73	11	assets	asset	NOUN
fbem-27720	73	12	by	by	ADP
fbem-27720	73	13	the	the	DET
fbem-27720	73	14	enterprise	enterprise	NOUN
fbem-27720	73	15	and	and	CCONJ
fbem-27720	73	16	is	be	AUX
fbem-27720	73	17	an	an	DET
fbem-27720	73	18	important	important	ADJ
fbem-27720	73	19	measure	measure	NOUN
fbem-27720	73	20	of	of	ADP
fbem-27720	73	21	its	its	PRON
fbem-27720	73	22	profitability	profitability	NOUN
fbem-27720	73	23	,	,	PUNCT
fbem-27720	73	24	effectively	effectively	ADV
fbem-27720	73	25	capturing	capture	VERB
fbem-27720	73	26	the	the	DET
fbem-27720	73	27	historical	historical	ADJ
fbem-27720	73	28	performance	performance	NOUN
fbem-27720	73	29	of	of	ADP
fbem-27720	73	30	the	the	DET
fbem-27720	73	31	enterprise	enterprise	NOUN
fbem-27720	73	32	.	.	PUNCT
fbem-27720	74	1	decision	decision	NOUN
fbem-27720	74	2	-	-	PUNCT
fbem-27720	74	3	makers	maker	NOUN
fbem-27720	74	4	can	can	AUX
fbem-27720	74	5	use	use	VERB
fbem-27720	74	6	it	it	PRON
fbem-27720	74	7	for	for	ADP
fbem-27720	74	8	investment	investment	NOUN
fbem-27720	74	9	decision	decision	NOUN
fbem-27720	74	10	-	-	PUNCT
fbem-27720	74	11	making	make	VERB
fbem-27720	74	12	and	and	CCONJ
fbem-27720	74	13	risk	risk	NOUN
fbem-27720	74	14	assessment	assessment	NOUN
fbem-27720	74	15	.	.	PUNCT
fbem-27720	75	1	companies	company	NOUN
fbem-27720	75	2	use	use	VERB
fbem-27720	75	3	return	return	NOUN
fbem-27720	75	4	on	on	ADP
fbem-27720	75	5	equity	equity	NOUN
fbem-27720	75	6	(	(	PUNCT
fbem-27720	75	7	roe	roe	NOUN
fbem-27720	75	8	-	-	PUNCT
fbem-27720	75	9	dupont	dupont	PROPN
fbem-27720	75	10	)	)	PUNCT
fbem-27720	75	11	to	to	PART
fbem-27720	75	12	measure	measure	VERB
fbem-27720	75	13	the	the	DET
fbem-27720	75	14	return	return	NOUN
fbem-27720	75	15	on	on	ADP
fbem-27720	75	16	their	their	PRON
fbem-27720	75	17	shareholder	shareholder	NOUN
fbem-27720	75	18	investments	investment	NOUN
fbem-27720	75	19	.	.	PUNCT
fbem-27720	76	1	in	in	ADP
fbem-27720	76	2	the	the	DET
fbem-27720	76	3	context	context	NOUN
fbem-27720	76	4	of	of	ADP
fbem-27720	76	5	new	new	ADJ
fbem-27720	76	6	energy	energy	NOUN
fbem-27720	76	7	vehicle	vehicle	NOUN
fbem-27720	76	8	companies	company	NOUN
fbem-27720	76	9	,	,	PUNCT
fbem-27720	76	10	roe	roe	NOUN
fbem-27720	76	11	-	-	PUNCT
fbem-27720	76	12	dupont	dupont	PROPN
fbem-27720	76	13	can	can	AUX
fbem-27720	76	14	help	help	VERB
fbem-27720	76	15	assess	assess	VERB
fbem-27720	76	16	how	how	SCONJ
fbem-27720	76	17	enterprises	enterprise	NOUN
fbem-27720	76	18	utilize	utilize	VERB
fbem-27720	76	19	shareholder	shareholder	NOUN
fbem-27720	76	20	equity	equity	NOUN
fbem-27720	76	21	for	for	ADP
fbem-27720	76	22	r&d	r&d	NOUN
fbem-27720	76	23	output	output	NOUN
fbem-27720	76	24	and	and	CCONJ
fbem-27720	76	25	translate	translate	VERB
fbem-27720	76	26	it	it	PRON
fbem-27720	76	27	into	into	ADP
fbem-27720	76	28	shareholder	shareholder	NOUN
fbem-27720	76	29	value	value	NOUN
fbem-27720	76	30	growth	growth	NOUN
fbem-27720	76	31	.	.	PUNCT
fbem-27720	77	1	therefore	therefore	ADV
fbem-27720	77	2	,	,	PUNCT
fbem-27720	77	3	this	this	DET
fbem-27720	77	4	study	study	NOUN
fbem-27720	77	5	selects	select	VERB
fbem-27720	77	6	roi	roi	NOUN
fbem-27720	77	7	,	,	PUNCT
fbem-27720	77	8	roic	roic	ADJ
fbem-27720	77	9	,	,	PUNCT
fbem-27720	77	10	roa	roa	PROPN
fbem-27720	77	11	,	,	PUNCT
fbem-27720	77	12	and	and	CCONJ
fbem-27720	77	13	roedupont	roedupont	NOUN
fbem-27720	77	14	as	as	ADP
fbem-27720	77	15	indicators	indicator	NOUN
fbem-27720	77	16	representing	represent	VERB
fbem-27720	77	17	the	the	DET
fbem-27720	77	18	financial	financial	ADJ
fbem-27720	77	19	performance	performance	NOUN
fbem-27720	77	20	of	of	ADP
fbem-27720	77	21	enterprises	enterprise	NOUN
fbem-27720	77	22	,	,	PUNCT
fbem-27720	77	23	respectively	respectively	ADV
fbem-27720	77	24	,	,	PUNCT
fbem-27720	77	25	to	to	PART
fbem-27720	77	26	serve	serve	VERB
fbem-27720	77	27	as	as	ADP
fbem-27720	77	28	the	the	DET
fbem-27720	77	29	dependent	dependent	ADJ
fbem-27720	77	30	variables	variable	NOUN
fbem-27720	77	31	in	in	ADP
fbem-27720	77	32	the	the	DET
fbem-27720	77	33	study	study	NOUN
fbem-27720	77	34	model	model	NOUN
fbem-27720	77	35	.	.	PUNCT
fbem-27720	78	1	2.3	2.3	NUM
fbem-27720	78	2	.	.	PUNCT
fbem-27720	79	1	sample	sample	NOUN
fbem-27720	79	2	selection	selection	NOUN
fbem-27720	79	3	and	and	CCONJ
fbem-27720	79	4	data	datum	NOUN
fbem-27720	79	5	sources	source	NOUN
fbem-27720	79	6	this	this	DET
fbem-27720	79	7	study	study	NOUN
fbem-27720	79	8	selected	select	VERB
fbem-27720	79	9	62	62	NUM
fbem-27720	79	10	chinese	chinese	ADJ
fbem-27720	79	11	new	new	ADJ
fbem-27720	79	12	energy	energy	NOUN
fbem-27720	79	13	vehicle	vehicle	NOUN
fbem-27720	79	14	listed	list	VERB
fbem-27720	79	15	firms	firm	NOUN
fbem-27720	79	16	between	between	ADP
fbem-27720	79	17	2013	2013	NUM
fbem-27720	79	18	and	and	CCONJ
fbem-27720	79	19	2023	2023	NUM
fbem-27720	79	20	as	as	ADP
fbem-27720	79	21	research	research	NOUN
fbem-27720	79	22	subjects	subject	NOUN
fbem-27720	79	23	,	,	PUNCT
fbem-27720	79	24	yielding	yield	VERB
fbem-27720	79	25	a	a	DET
fbem-27720	79	26	total	total	NOUN
fbem-27720	79	27	of	of	ADP
fbem-27720	79	28	617	617	NUM
fbem-27720	79	29	valid	valid	ADJ
fbem-27720	79	30	data	datum	NOUN
fbem-27720	79	31	points	point	NOUN
fbem-27720	79	32	.	.	PUNCT
fbem-27720	80	1	for	for	ADP
fbem-27720	80	2	data	data	NOUN
fbem-27720	80	3	preparation	preparation	NOUN
fbem-27720	80	4	and	and	CCONJ
fbem-27720	80	5	statistical	statistical	ADJ
fbem-27720	80	6	analysis	analysis	NOUN
fbem-27720	80	7	,	,	PUNCT
fbem-27720	80	8	this	this	DET
fbem-27720	80	9	study	study	NOUN
fbem-27720	80	10	used	use	VERB
fbem-27720	80	11	a	a	DET
fbem-27720	80	12	spreadsheet	spreadsheet	NOUN
fbem-27720	80	13	and	and	CCONJ
fbem-27720	80	14	stata	stata	VERB
fbem-27720	80	15	17.0	17.0	NUM
fbem-27720	80	16	software	software	NOUN
fbem-27720	80	17	,	,	PUNCT
fbem-27720	80	18	and	and	CCONJ
fbem-27720	80	19	it	it	PRON
fbem-27720	80	20	truncated	truncate	VERB
fbem-27720	80	21	all	all	DET
fbem-27720	80	22	continuous	continuous	ADJ
fbem-27720	80	23	variables	variable	NOUN
fbem-27720	80	24	by	by	ADP
fbem-27720	80	25	1	1	NUM
fbem-27720	80	26	%	%	NOUN
fbem-27720	80	27	to	to	PART
fbem-27720	80	28	reduce	reduce	VERB
fbem-27720	80	29	the	the	DET
fbem-27720	80	30	influence	influence	NOUN
fbem-27720	80	31	of	of	ADP
fbem-27720	80	32	extremists	extremist	NOUN
fbem-27720	80	33	on	on	ADP
fbem-27720	80	34	the	the	DET
fbem-27720	80	35	empirical	empirical	ADJ
fbem-27720	80	36	results	result	NOUN
fbem-27720	80	37	.	.	PUNCT
fbem-27720	81	1	2.4	2.4	NUM
fbem-27720	81	2	.	.	PUNCT
fbem-27720	82	1	statistical	statistical	ADJ
fbem-27720	82	2	treatment	treatment	NOUN
fbem-27720	82	3	statistical	statistical	ADJ
fbem-27720	82	4	treatment	treatment	NOUN
fbem-27720	82	5	refers	refer	VERB
fbem-27720	82	6	to	to	ADP
fbem-27720	82	7	the	the	DET
fbem-27720	82	8	process	process	NOUN
fbem-27720	82	9	of	of	ADP
fbem-27720	82	10	analyzing	analyze	VERB
fbem-27720	82	11	and	and	CCONJ
fbem-27720	82	12	handling	handle	VERB
fbem-27720	82	13	research	research	NOUN
fbem-27720	82	14	data	datum	NOUN
fbem-27720	82	15	using	use	VERB
fbem-27720	82	16	statistical	statistical	ADJ
fbem-27720	82	17	methods	method	NOUN
fbem-27720	82	18	.	.	PUNCT
fbem-27720	83	1	based	base	VERB
fbem-27720	83	2	on	on	ADP
fbem-27720	83	3	the	the	DET
fbem-27720	83	4	sop	sop	NOUN
fbem-27720	83	5	,	,	PUNCT
fbem-27720	83	6	this	this	DET
fbem-27720	83	7	study	study	NOUN
fbem-27720	83	8	will	will	AUX
fbem-27720	83	9	select	select	VERB
fbem-27720	83	10	appropriate	appropriate	ADJ
fbem-27720	83	11	statistical	statistical	ADJ
fbem-27720	83	12	techniques	technique	NOUN
fbem-27720	83	13	or	or	CCONJ
fbem-27720	83	14	models	model	NOUN
fbem-27720	83	15	to	to	PART
fbem-27720	83	16	interpret	interpret	VERB
fbem-27720	83	17	data	datum	NOUN
fbem-27720	83	18	,	,	PUNCT
fbem-27720	83	19	test	test	NOUN
fbem-27720	83	20	research	research	NOUN
fbem-27720	83	21	hypotheses	hypothesis	NOUN
fbem-27720	83	22	,	,	PUNCT
fbem-27720	83	23	reveal	reveal	VERB
fbem-27720	83	24	relationships	relationship	NOUN
fbem-27720	83	25	between	between	ADP
fbem-27720	83	26	variables	variable	NOUN
fbem-27720	83	27	,	,	PUNCT
fbem-27720	83	28	and	and	CCONJ
fbem-27720	83	29	validate	validate	VERB
fbem-27720	83	30	the	the	DET
fbem-27720	83	31	reliability	reliability	NOUN
fbem-27720	83	32	and	and	CCONJ
fbem-27720	83	33	significance	significance	NOUN
fbem-27720	83	34	of	of	ADP
fbem-27720	83	35	research	research	NOUN
fbem-27720	83	36	results	result	NOUN
fbem-27720	83	37	.	.	PUNCT
fbem-27720	84	1	this	this	DET
fbem-27720	84	2	study	study	NOUN
fbem-27720	84	3	used	use	VERB
fbem-27720	84	4	simple	simple	ADJ
fbem-27720	84	5	linear	linear	ADJ
fbem-27720	84	6	regression	regression	NOUN
fbem-27720	84	7	for	for	ADP
fbem-27720	84	8	sop	sop	PROPN
fbem-27720	84	9	1	1	NUM
fbem-27720	84	10	to	to	PART
fbem-27720	84	11	test	test	VERB
fbem-27720	84	12	the	the	DET
fbem-27720	84	13	correlation	correlation	NOUN
fbem-27720	84	14	in	in	ADP
fbem-27720	84	15	rdr	rdr	PROPN
fbem-27720	84	16	,	,	PUNCT
fbem-27720	84	17	rdh	rdh	PROPN
fbem-27720	84	18	,	,	PUNCT
fbem-27720	84	19	roa	roa	PROPN
fbem-27720	84	20	,	,	PUNCT
fbem-27720	84	21	roe	roe	NOUN
fbem-27720	84	22	,	,	PUNCT
fbem-27720	84	23	roi	roi	NOUN
fbem-27720	84	24	,	,	PUNCT
fbem-27720	84	25	and	and	CCONJ
fbem-27720	84	26	roic	roic	ADJ
fbem-27720	84	27	.	.	PUNCT
fbem-27720	85	1	this	this	DET
fbem-27720	85	2	study	study	NOUN
fbem-27720	85	3	used	use	VERB
fbem-27720	85	4	simple	simple	ADJ
fbem-27720	85	5	linear	linear	ADJ
fbem-27720	85	6	regression	regression	NOUN
fbem-27720	85	7	for	for	ADP
fbem-27720	85	8	sop	sop	PROPN
fbem-27720	85	9	2	2	NUM
fbem-27720	85	10	to	to	PART
fbem-27720	85	11	examine	examine	VERB
fbem-27720	85	12	the	the	DET
fbem-27720	85	13	correlation	correlation	NOUN
fbem-27720	85	14	in	in	ADP
fbem-27720	85	15	rdr	rdr	PROPN
fbem-27720	85	16	,	,	PUNCT
fbem-27720	85	17	rdh	rdh	PROPN
fbem-27720	85	18	,	,	PUNCT
fbem-27720	85	19	patent	patent	NOUN
fbem-27720	85	20	,	,	PUNCT
fbem-27720	85	21	and	and	CCONJ
fbem-27720	85	22	nia	nia	PROPN
fbem-27720	85	23	.	.	PROPN
fbem-27720	86	1	for	for	ADP
fbem-27720	86	2	sop	sop	PROPN
fbem-27720	86	3	3	3	NUM
fbem-27720	86	4	,	,	PUNCT
fbem-27720	86	5	this	this	DET
fbem-27720	86	6	study	study	NOUN
fbem-27720	86	7	focused	focus	VERB
fbem-27720	86	8	on	on	ADP
fbem-27720	86	9	the	the	DET
fbem-27720	86	10	mediating	mediate	VERB
fbem-27720	86	11	effect	effect	NOUN
fbem-27720	86	12	and	and	CCONJ
fbem-27720	86	13	used	use	VERB
fbem-27720	86	14	regression	regression	NOUN
fbem-27720	86	15	to	to	PART
fbem-27720	86	16	determine	determine	VERB
fbem-27720	86	17	the	the	DET
fbem-27720	86	18	correlation	correlation	NOUN
fbem-27720	86	19	between	between	ADP
fbem-27720	86	20	rdr	rdr	PROPN
fbem-27720	86	21	,	,	PUNCT
fbem-27720	86	22	rdh	rdh	PROPN
fbem-27720	86	23	,	,	PUNCT
fbem-27720	86	24	roa	roa	PROPN
fbem-27720	86	25	,	,	PUNCT
fbem-27720	86	26	roe	roe	NOUN
fbem-27720	86	27	,	,	PUNCT
fbem-27720	86	28	roi	roi	NOUN
fbem-27720	86	29	,	,	PUNCT
fbem-27720	86	30	roic	roic	ADJ
fbem-27720	86	31	,	,	PUNCT
fbem-27720	86	32	patent	patent	NOUN
fbem-27720	86	33	,	,	PUNCT
fbem-27720	86	34	and	and	CCONJ
fbem-27720	86	35	nia	nia	PROPN
fbem-27720	86	36	.	.	PUNCT
fbem-27720	87	1	this	this	DET
fbem-27720	87	2	study	study	NOUN
fbem-27720	87	3	collated	collate	VERB
fbem-27720	87	4	the	the	DET
fbem-27720	87	5	regression	regression	NOUN
fbem-27720	87	6	highlights	highlight	NOUN
fbem-27720	87	7	from	from	ADP
fbem-27720	87	8	sop1	sop1	PROPN
fbem-27720	87	9	to	to	ADP
fbem-27720	87	10	sop3	sop3	NOUN
fbem-27720	87	11	,	,	PUNCT
fbem-27720	87	12	revealed	reveal	VERB
fbem-27720	87	13	the	the	DET
fbem-27720	87	14	relationship	relationship	NOUN
fbem-27720	87	15	between	between	ADP
fbem-27720	87	16	each	each	DET
fbem-27720	87	17	variable	variable	NOUN
fbem-27720	87	18	,	,	PUNCT
fbem-27720	87	19	and	and	CCONJ
fbem-27720	87	20	proposed	propose	VERB
fbem-27720	87	21	a	a	DET
fbem-27720	87	22	financial	financial	ADJ
fbem-27720	87	23	performance	performance	NOUN
fbem-27720	87	24	test	test	NOUN
fbem-27720	87	25	model	model	NOUN
fbem-27720	87	26	.	.	PUNCT
fbem-27720	88	1	3	3	X
fbem-27720	88	2	.	.	X
fbem-27720	88	3	results	result	VERB
fbem-27720	88	4	this	this	DET
fbem-27720	88	5	study	study	NOUN
fbem-27720	88	6	presents	present	VERB
fbem-27720	88	7	the	the	DET
fbem-27720	88	8	regressions	regression	NOUN
fbem-27720	88	9	one	one	NUM
fbem-27720	88	10	by	by	ADP
fbem-27720	88	11	one	one	NUM
fbem-27720	88	12	in	in	ADP
fbem-27720	88	13	chapter	chapter	NOUN
fbem-27720	88	14	3	3	NUM
fbem-27720	88	15	,	,	PUNCT
fbem-27720	88	16	analyzing	analyze	VERB
fbem-27720	88	17	them	they	PRON
fbem-27720	88	18	in	in	ADP
fbem-27720	88	19	accordance	accordance	NOUN
fbem-27720	88	20	with	with	ADP
fbem-27720	88	21	the	the	DET
fbem-27720	88	22	order	order	NOUN
fbem-27720	88	23	in	in	SCONJ
fbem-27720	88	24	which	which	DET
fbem-27720	88	25	chapter	chapter	NOUN
fbem-27720	88	26	1	1	NUM
fbem-27720	88	27	describes	describe	VERB
fbem-27720	88	28	the	the	DET
fbem-27720	88	29	problem	problem	NOUN
fbem-27720	88	30	statement	statement	NOUN
fbem-27720	88	31	.	.	PUNCT
fbem-27720	89	1	chapter	chapter	NOUN
fbem-27720	89	2	3	3	NUM
fbem-27720	89	3	employs	employ	VERB
fbem-27720	89	4	quantitative	quantitative	ADJ
fbem-27720	89	5	analysis	analysis	NOUN
fbem-27720	89	6	to	to	PART
fbem-27720	89	7	reveal	reveal	VERB
fbem-27720	89	8	research	research	NOUN
fbem-27720	89	9	findings	finding	NOUN
fbem-27720	89	10	.	.	PUNCT
fbem-27720	90	1	3.1	3.1	NUM
fbem-27720	90	2	.	.	PUNCT
fbem-27720	91	1	the	the	DET
fbem-27720	91	2	r&d	r&d	NOUN
fbem-27720	91	3	investment	investment	NOUN
fbem-27720	91	4	of	of	ADP
fbem-27720	91	5	chinese	chinese	ADJ
fbem-27720	91	6	listed	list	VERB
fbem-27720	91	7	nev	nev	PROPN
fbem-27720	91	8	enterprises	enterprise	NOUN
fbem-27720	91	9	has	have	VERB
fbem-27720	91	10	significant	significant	ADJ
fbem-27720	91	11	effect	effect	NOUN
fbem-27720	91	12	on	on	ADP
fbem-27720	91	13	financial	financial	ADJ
fbem-27720	91	14	performance	performance	NOUN
fbem-27720	91	15	3.1.1	3.1.1	NUM
fbem-27720	91	16	.	.	PUNCT
fbem-27720	92	1	descriptive	descriptive	ADJ
fbem-27720	92	2	statistics	statistic	NOUN
fbem-27720	92	3	on	on	ADP
fbem-27720	92	4	r&d	r&d	NOUN
fbem-27720	92	5	investment	investment	NOUN
fbem-27720	92	6	and	and	CCONJ
fbem-27720	92	7	financial	financial	ADJ
fbem-27720	92	8	performance	performance	NOUN
fbem-27720	92	9	table	table	NOUN
fbem-27720	92	10	1	1	NUM
fbem-27720	92	11	.	.	PUNCT
fbem-27720	92	12	descriptive	descriptive	ADJ
fbem-27720	92	13	statistics	statistic	NOUN
fbem-27720	92	14	on	on	ADP
fbem-27720	92	15	r&d	r&d	NOUN
fbem-27720	92	16	investment	investment	NOUN
fbem-27720	92	17	and	and	CCONJ
fbem-27720	92	18	financial	financial	ADJ
fbem-27720	92	19	performance	performance	NOUN
fbem-27720	92	20	variable	variable	NOUN
fbem-27720	92	21	obs	obs	PROPN
fbem-27720	92	22	mean	mean	VERB
fbem-27720	92	23	sd	sd	ADP
fbem-27720	92	24	min	min	PROPN
fbem-27720	92	25	max	max	PROPN
fbem-27720	92	26	interpretation	interpretation	PROPN
fbem-27720	92	27	roi	roi	PROPN
fbem-27720	92	28	617	617	NUM
fbem-27720	92	29	0.069	0.069	NUM
fbem-27720	92	30	0.087	0.087	NUM
fbem-27720	92	31	-0.133	-0.133	NUM
fbem-27720	92	32	0.268	0.268	NUM
fbem-27720	92	33	positive	positive	ADJ
fbem-27720	92	34	roic	roic	ADJ
fbem-27720	92	35	617	617	NUM
fbem-27720	92	36	0.070	0.070	NUM
fbem-27720	92	37	0.107	0.107	NUM
fbem-27720	92	38	-0.177	-0.177	PUNCT
fbem-27720	92	39	0.327	0.327	NUM
fbem-27720	92	40	positive	positive	ADJ
fbem-27720	92	41	roa	roa	NOUN
fbem-27720	92	42	617	617	NUM
fbem-27720	92	43	0.051	0.051	NUM
fbem-27720	92	44	0.067	0.067	NUM
fbem-27720	92	45	-0.123	-0.123	PUNCT
fbem-27720	92	46	0.211	0.211	NUM
fbem-27720	92	47	positive	positive	ADJ
fbem-27720	92	48	roe	roe	NOUN
fbem-27720	92	49	617	617	NUM
fbem-27720	92	50	0.090	0.090	NUM
fbem-27720	92	51	0.163	0.163	NUM
fbem-27720	92	52	-0.288	-0.288	NUM
fbem-27720	92	53	0.478	0.478	NUM
fbem-27720	92	54	positive	positive	ADJ
fbem-27720	92	55	rdr	rdr	NOUN
fbem-27720	92	56	617	617	NUM
fbem-27720	92	57	0.048	0.048	NUM
fbem-27720	92	58	0.025	0.025	NUM
fbem-27720	92	59	0.000	0.000	NUM
fbem-27720	92	60	0.109	0.109	NUM
fbem-27720	92	61	positive	positive	ADJ
fbem-27720	92	62	rdh	rdh	NOUN
fbem-27720	92	63	617	617	NUM
fbem-27720	92	64	0.182	0.182	NUM
fbem-27720	92	65	0.093	0.093	NUM
fbem-27720	92	66	0.000	0.000	NUM
fbem-27720	92	67	0.410	0.410	NUM
fbem-27720	92	68	positive	positive	ADJ
fbem-27720	92	69	table	table	NOUN
fbem-27720	92	70	1	1	NUM
fbem-27720	92	71	,	,	PUNCT
fbem-27720	92	72	which	which	PRON
fbem-27720	92	73	displays	display	VERB
fbem-27720	92	74	data	datum	NOUN
fbem-27720	92	75	from	from	ADP
fbem-27720	92	76	descriptive	descriptive	ADJ
fbem-27720	92	77	statistics	statistic	NOUN
fbem-27720	92	78	analysis	analysis	NOUN
fbem-27720	92	79	,	,	PUNCT
fbem-27720	92	80	shows	show	VERB
fbem-27720	92	81	that	that	SCONJ
fbem-27720	92	82	the	the	DET
fbem-27720	92	83	mean	mean	NOUN
fbem-27720	92	84	of	of	ADP
fbem-27720	92	85	rdr	rdr	PROPN
fbem-27720	92	86	and	and	CCONJ
fbem-27720	92	87	rdh	rdh	PROPN
fbem-27720	92	88	is	be	AUX
fbem-27720	92	89	0.048	0.048	NUM
fbem-27720	92	90	and	and	CCONJ
fbem-27720	92	91	0.182	0.182	NUM
fbem-27720	92	92	,	,	PUNCT
fbem-27720	92	93	respectively	respectively	ADV
fbem-27720	92	94	,	,	PUNCT
fbem-27720	92	95	indicating	indicate	VERB
fbem-27720	92	96	a	a	DET
fbem-27720	92	97	relatively	relatively	ADV
fbem-27720	92	98	stable	stable	ADJ
fbem-27720	92	99	investment	investment	NOUN
fbem-27720	92	100	by	by	ADP
fbem-27720	92	101	companies	company	NOUN
fbem-27720	92	102	in	in	ADP
fbem-27720	92	103	r&d	r&d	NOUN
fbem-27720	92	104	.	.	PUNCT
fbem-27720	93	1	this	this	DET
fbem-27720	93	2	investment	investment	NOUN
fbem-27720	93	3	reflects	reflect	VERB
fbem-27720	93	4	the	the	DET
fbem-27720	93	5	continuous	continuous	ADJ
fbem-27720	93	6	attention	attention	NOUN
fbem-27720	93	7	and	and	CCONJ
fbem-27720	93	8	resource	resource	NOUN
fbem-27720	93	9	allocation	allocation	NOUN
fbem-27720	93	10	of	of	ADP
fbem-27720	93	11	enterprises	enterprise	NOUN
fbem-27720	93	12	in	in	ADP
fbem-27720	93	13	innovation	innovation	NOUN
fbem-27720	93	14	and	and	CCONJ
fbem-27720	93	15	technology	technology	NOUN
fbem-27720	93	16	.	.	PUNCT
fbem-27720	94	1	at	at	ADP
fbem-27720	94	2	the	the	DET
fbem-27720	94	3	same	same	ADJ
fbem-27720	94	4	time	time	NOUN
fbem-27720	94	5	,	,	PUNCT
fbem-27720	94	6	the	the	DET
fbem-27720	94	7	financial	financial	ADJ
fbem-27720	94	8	performance	performance	NOUN
fbem-27720	94	9	indicators	indicator	NOUN
fbem-27720	94	10	(	(	PUNCT
fbem-27720	94	11	roi	roi	NOUN
fbem-27720	94	12	,	,	PUNCT
fbem-27720	94	13	roic	roic	ADJ
fbem-27720	94	14	,	,	PUNCT
fbem-27720	94	15	roa	roa	PROPN
fbem-27720	94	16	,	,	PUNCT
fbem-27720	94	17	roe	roe	PROPN
fbem-27720	94	18	)	)	PUNCT
fbem-27720	94	19	were	be	AUX
fbem-27720	94	20	all	all	ADV
fbem-27720	94	21	positive	positive	ADJ
fbem-27720	94	22	(	(	PUNCT
fbem-27720	94	23	0.069	0.069	NUM
fbem-27720	94	24	,	,	PUNCT
fbem-27720	94	25	0.070	0.070	NUM
fbem-27720	94	26	,	,	PUNCT
fbem-27720	94	27	0.051	0.051	NUM
fbem-27720	94	28	,	,	PUNCT
fbem-27720	94	29	and	and	CCONJ
fbem-27720	94	30	0.090	0.090	NUM
fbem-27720	94	31	,	,	PUNCT
fbem-27720	94	32	respectively	respectively	ADV
fbem-27720	94	33	)	)	PUNCT
fbem-27720	94	34	.	.	PUNCT
fbem-27720	95	1	these	these	DET
fbem-27720	95	2	positive	positive	ADJ
fbem-27720	95	3	mean	mean	NOUN
fbem-27720	95	4	values	value	NOUN
fbem-27720	95	5	show	show	VERB
fbem-27720	95	6	that	that	SCONJ
fbem-27720	95	7	the	the	DET
fbem-27720	95	8	enterprises	enterprise	NOUN
fbem-27720	95	9	get	get	VERB
fbem-27720	95	10	a	a	DET
fbem-27720	95	11	satisfactory	satisfactory	ADJ
fbem-27720	95	12	financial	financial	ADJ
fbem-27720	95	13	return	return	NOUN
fbem-27720	95	14	while	while	SCONJ
fbem-27720	95	15	they	they	PRON
fbem-27720	95	16	invest	invest	VERB
fbem-27720	95	17	in	in	ADP
fbem-27720	95	18	r&d	r&d	NOUN
fbem-27720	95	19	.	.	PUNCT
fbem-27720	96	1	this	this	DET
fbem-27720	96	2	positive	positive	ADJ
fbem-27720	96	3	financial	financial	ADJ
fbem-27720	96	4	performance	performance	NOUN
fbem-27720	96	5	may	may	AUX
fbem-27720	96	6	benefit	benefit	VERB
fbem-27720	96	7	from	from	ADP
fbem-27720	96	8	new	new	ADJ
fbem-27720	96	9	product	product	NOUN
fbem-27720	96	10	development	development	NOUN
fbem-27720	96	11	,	,	PUNCT
fbem-27720	96	12	technological	technological	ADJ
fbem-27720	96	13	improvements	improvement	NOUN
fbem-27720	96	14	,	,	PUNCT
fbem-27720	96	15	and	and	CCONJ
fbem-27720	96	16	increased	increase	VERB
fbem-27720	96	17	market	market	NOUN
fbem-27720	96	18	competitiveness	competitiveness	NOUN
fbem-27720	96	19	resulting	result	VERB
fbem-27720	96	20	from	from	ADP
fbem-27720	96	21	r&d	r&d	NOUN
fbem-27720	96	22	investment	investment	NOUN
fbem-27720	96	23	.	.	PUNCT
fbem-27720	97	1	the	the	DET
fbem-27720	97	2	sixth	sixth	ADJ
fbem-27720	97	3	value	value	NOUN
fbem-27720	97	4	is	be	AUX
fbem-27720	97	5	the	the	DET
fbem-27720	97	6	maximum	maximum	ADJ
fbem-27720	97	7	value	value	NOUN
fbem-27720	97	8	.	.	PUNCT
fbem-27720	98	1	it	it	PRON
fbem-27720	98	2	's	be	AUX
fbem-27720	98	3	straightforward	straightforward	ADJ
fbem-27720	98	4	to	to	PART
fbem-27720	98	5	determine	determine	VERB
fbem-27720	98	6	that	that	SCONJ
fbem-27720	98	7	the	the	DET
fbem-27720	98	8	highest	high	ADJ
fbem-27720	98	9	values	value	NOUN
fbem-27720	98	10	of	of	ADP
fbem-27720	98	11	the	the	DET
fbem-27720	98	12	financial	financial	ADJ
fbem-27720	98	13	performance	performance	NOUN
fbem-27720	98	14	indicators	indicator	NOUN
fbem-27720	98	15	(	(	PUNCT
fbem-27720	98	16	roi	roi	NOUN
fbem-27720	98	17	,	,	PUNCT
fbem-27720	98	18	roic	roic	ADJ
fbem-27720	98	19	,	,	PUNCT
fbem-27720	98	20	roa	roa	PROPN
fbem-27720	98	21	,	,	PUNCT
fbem-27720	98	22	and	and	CCONJ
fbem-27720	98	23	roe	roe	NOUN
fbem-27720	98	24	)	)	PUNCT
fbem-27720	98	25	are	be	AUX
fbem-27720	98	26	0.268	0.268	NUM
fbem-27720	98	27	,	,	PUNCT
fbem-27720	98	28	0.327	0.327	NUM
fbem-27720	98	29	,	,	PUNCT
fbem-27720	98	30	0.211	0.211	NUM
fbem-27720	98	31	,	,	PUNCT
fbem-27720	98	32	and	and	CCONJ
fbem-27720	98	33	0.478	0.478	NUM
fbem-27720	98	34	,	,	PUNCT
fbem-27720	98	35	respectively	respectively	ADV
fbem-27720	98	36	.	.	PUNCT
fbem-27720	99	1	this	this	PRON
fbem-27720	99	2	indicates	indicate	VERB
fbem-27720	99	3	that	that	SCONJ
fbem-27720	99	4	some	some	DET
fbem-27720	99	5	enterprises	enterprise	NOUN
fbem-27720	99	6	achieve	achieve	VERB
fbem-27720	99	7	exceptionally	exceptionally	ADV
fbem-27720	99	8	high	high	ADJ
fbem-27720	99	9	financial	financial	ADJ
fbem-27720	99	10	returns	return	NOUN
fbem-27720	99	11	after	after	ADP
fbem-27720	99	12	investing	invest	VERB
fbem-27720	99	13	in	in	ADP
fbem-27720	99	14	r&d	r&d	NOUN
fbem-27720	99	15	.	.	PUNCT
fbem-27720	100	1	in	in	ADP
fbem-27720	100	2	particular	particular	ADJ
fbem-27720	100	3	,	,	PUNCT
fbem-27720	100	4	the	the	DET
fbem-27720	100	5	maximum	maximum	ADJ
fbem-27720	100	6	roe	roe	NOUN
fbem-27720	100	7	of	of	ADP
fbem-27720	100	8	0.478	0.478	NUM
fbem-27720	100	9	indicates	indicate	VERB
fbem-27720	100	10	that	that	SCONJ
fbem-27720	100	11	some	some	DET
fbem-27720	100	12	enterprises	enterprise	NOUN
fbem-27720	100	13	have	have	AUX
fbem-27720	100	14	achieved	achieve	VERB
fbem-27720	100	15	significant	significant	ADJ
fbem-27720	100	16	success	success	NOUN
fbem-27720	100	17	in	in	ADP
fbem-27720	100	18	their	their	PRON
fbem-27720	100	19	r&d	r&d	NOUN
fbem-27720	100	20	investments	investment	NOUN
fbem-27720	100	21	,	,	PUNCT
fbem-27720	100	22	with	with	ADP
fbem-27720	100	23	financial	financial	ADJ
fbem-27720	100	24	return	return	NOUN
fbem-27720	100	25	being	be	AUX
fbem-27720	100	26	the	the	DET
fbem-27720	100	27	primary	primary	ADJ
fbem-27720	100	28	objective	objective	NOUN
fbem-27720	100	29	.	.	PUNCT
fbem-27720	101	1	objective	objective	NOUN
fbem-27720	101	2	.	.	PUNCT
fbem-27720	102	1	the	the	DET
fbem-27720	102	2	maximum	maximum	ADJ
fbem-27720	102	3	value	value	NOUN
fbem-27720	102	4	of	of	ADP
fbem-27720	102	5	the	the	DET
fbem-27720	102	6	r&d	r&d	NOUN
fbem-27720	102	7	investment	investment	NOUN
fbem-27720	102	8	index	index	NOUN
fbem-27720	102	9	(	(	PUNCT
fbem-27720	102	10	rdr	rdr	NOUN
fbem-27720	102	11	=	=	SYM
fbem-27720	102	12	0.109	0.109	NUM
fbem-27720	102	13	,	,	PUNCT
fbem-27720	102	14	rdh	rdh	NOUN
fbem-27720	102	15	=	=	PUNCT
fbem-27720	102	16	0.410	0.410	NUM
fbem-27720	102	17	)	)	PUNCT
fbem-27720	102	18	also	also	ADV
fbem-27720	102	19	indicates	indicate	VERB
fbem-27720	102	20	that	that	SCONJ
fbem-27720	102	21	some	some	DET
fbem-27720	102	22	enterprises	enterprise	NOUN
fbem-27720	102	23	invest	invest	VERB
fbem-27720	102	24	a	a	DET
fbem-27720	102	25	lot	lot	NOUN
fbem-27720	102	26	of	of	ADP
fbem-27720	102	27	resources	resource	NOUN
fbem-27720	102	28	in	in	ADP
fbem-27720	102	29	r&d	r&d	NOUN
fbem-27720	102	30	.	.	PUNCT
fbem-27720	103	1	such	such	ADJ
fbem-27720	103	2	high	high	ADJ
fbem-27720	103	3	r&d	r&d	NOUN
fbem-27720	103	4	investment	investment	NOUN
fbem-27720	103	5	often	often	ADV
fbem-27720	103	6	means	mean	VERB
fbem-27720	103	7	higher	high	ADJ
fbem-27720	103	8	innovation	innovation	NOUN
fbem-27720	103	9	ability	ability	NOUN
fbem-27720	103	10	and	and	CCONJ
fbem-27720	103	11	larger	large	ADJ
fbem-27720	103	12	market	market	NOUN
fbem-27720	103	13	share	share	NOUN
fbem-27720	103	14	,	,	PUNCT
fbem-27720	103	15	which	which	PRON
fbem-27720	103	16	further	far	ADV
fbem-27720	103	17	promotes	promote	VERB
fbem-27720	103	18	the	the	DET
fbem-27720	103	19	financial	financial	ADJ
fbem-27720	103	20	performance	performance	NOUN
fbem-27720	103	21	of	of	ADP
fbem-27720	103	22	enterprises	enterprise	NOUN
fbem-27720	103	23	.	.	PUNCT
fbem-27720	104	1	these	these	DET
fbem-27720	104	2	findings	finding	NOUN
fbem-27720	104	3	are	be	AUX
fbem-27720	104	4	consistent	consistent	ADJ
fbem-27720	104	5	with	with	ADP
fbem-27720	104	6	prior	prior	ADJ
fbem-27720	104	7	research	research	NOUN
fbem-27720	104	8	that	that	PRON
fbem-27720	104	9	underscores	underscore	VERB
fbem-27720	104	10	the	the	DET
fbem-27720	104	11	variability	variability	NOUN
fbem-27720	104	12	in	in	ADP
fbem-27720	104	13	r&d	r&d	NOUN
fbem-27720	104	14	investments	investment	NOUN
fbem-27720	104	15	and	and	CCONJ
fbem-27720	104	16	their	their	PRON
fbem-27720	104	17	effect	effect	NOUN
fbem-27720	104	18	on	on	ADP
fbem-27720	104	19	financial	financial	ADJ
fbem-27720	104	20	performance	performance	NOUN
fbem-27720	104	21	(	(	PUNCT
fbem-27720	104	22	chen	chen	PROPN
fbem-27720	104	23	et	et	PROPN
fbem-27720	104	24	al	al	PROPN
fbem-27720	104	25	.	.	PROPN
fbem-27720	104	26	,	,	PUNCT
fbem-27720	104	27	2020	2020	NUM
fbem-27720	104	28	)	)	PUNCT
fbem-27720	104	29	.	.	PUNCT
fbem-27720	105	1	this	this	DET
fbem-27720	105	2	study	study	NOUN
fbem-27720	105	3	will	will	AUX
fbem-27720	105	4	talk	talk	VERB
fbem-27720	105	5	more	more	ADJ
fbem-27720	105	6	about	about	ADP
fbem-27720	105	7	the	the	DET
fbem-27720	105	8	impact	impact	NOUN
fbem-27720	105	9	of	of	ADP
fbem-27720	105	10	r&d	r&d	NOUN
fbem-27720	105	11	investment	investment	NOUN
fbem-27720	105	12	on	on	ADP
fbem-27720	105	13	financial	financial	ADJ
fbem-27720	105	14	performance	performance	NOUN
fbem-27720	105	15	below	below	ADV
fbem-27720	105	16	.	.	PUNCT
fbem-27720	106	1	3.1.2	3.1.2	X
fbem-27720	106	2	.	.	PUNCT
fbem-27720	106	3	correlation	correlation	NOUN
fbem-27720	106	4	analysis	analysis	NOUN
fbem-27720	106	5	on	on	ADP
fbem-27720	106	6	r&d	r&d	NOUN
fbem-27720	106	7	investment	investment	NOUN
fbem-27720	106	8	and	and	CCONJ
fbem-27720	106	9	financial	financial	ADJ
fbem-27720	106	10	performance	performance	NOUN
fbem-27720	106	11	a	a	DET
fbem-27720	106	12	statistical	statistical	ADJ
fbem-27720	106	13	method	method	NOUN
fbem-27720	106	14	known	know	VERB
fbem-27720	106	15	as	as	ADP
fbem-27720	106	16	the	the	DET
fbem-27720	106	17	pearson	pearson	PROPN
fbem-27720	106	18	test	test	NOUN
fbem-27720	106	19	measures	measure	VERB
fbem-27720	106	20	the	the	DET
fbem-27720	106	21	linear	linear	ADJ
fbem-27720	106	22	correlation	correlation	NOUN
fbem-27720	106	23	between	between	ADP
fbem-27720	106	24	two	two	NUM
fbem-27720	106	25	variables	variable	NOUN
fbem-27720	106	26	.	.	PUNCT
fbem-27720	107	1	pearson	pearson	PROPN
fbem-27720	107	2	determines	determine	VERB
fbem-27720	107	3	393	393	NUM
fbem-27720	107	4	whether	whether	SCONJ
fbem-27720	107	5	a	a	DET
fbem-27720	107	6	linear	linear	ADJ
fbem-27720	107	7	relationship	relationship	NOUN
fbem-27720	107	8	exists	exist	VERB
fbem-27720	107	9	between	between	ADP
fbem-27720	107	10	the	the	DET
fbem-27720	107	11	two	two	NUM
fbem-27720	107	12	variables	variable	NOUN
fbem-27720	107	13	,	,	PUNCT
fbem-27720	107	14	as	as	ADV
fbem-27720	107	15	well	well	ADV
fbem-27720	107	16	as	as	ADP
fbem-27720	107	17	the	the	DET
fbem-27720	107	18	strength	strength	NOUN
fbem-27720	107	19	and	and	CCONJ
fbem-27720	107	20	direction	direction	NOUN
fbem-27720	107	21	of	of	ADP
fbem-27720	107	22	that	that	DET
fbem-27720	107	23	relationship	relationship	NOUN
fbem-27720	107	24	.	.	PUNCT
fbem-27720	108	1	therefore	therefore	ADV
fbem-27720	108	2	,	,	PUNCT
fbem-27720	108	3	table	table	NOUN
fbem-27720	108	4	2	2	NUM
fbem-27720	108	5	illustrates	illustrate	VERB
fbem-27720	108	6	the	the	DET
fbem-27720	108	7	use	use	NOUN
fbem-27720	108	8	of	of	ADP
fbem-27720	108	9	the	the	DET
fbem-27720	108	10	pearson	pearson	PROPN
fbem-27720	108	11	test	test	NOUN
fbem-27720	108	12	to	to	PART
fbem-27720	108	13	examine	examine	VERB
fbem-27720	108	14	the	the	DET
fbem-27720	108	15	correlation	correlation	NOUN
fbem-27720	108	16	among	among	ADP
fbem-27720	108	17	various	various	ADJ
fbem-27720	108	18	variables	variable	NOUN
fbem-27720	108	19	.	.	PUNCT
fbem-27720	109	1	table	table	NOUN
fbem-27720	109	2	2	2	NUM
fbem-27720	109	3	.	.	PUNCT
fbem-27720	109	4	correlation	correlation	NOUN
fbem-27720	109	5	analysis	analysis	NOUN
fbem-27720	109	6	on	on	ADP
fbem-27720	109	7	r&d	r&d	NOUN
fbem-27720	109	8	investment	investment	NOUN
fbem-27720	109	9	and	and	CCONJ
fbem-27720	109	10	financial	financial	ADJ
fbem-27720	109	11	performance	performance	NOUN
fbem-27720	109	12	correlation	correlation	NOUN
fbem-27720	109	13	between	between	ADP
fbem-27720	109	14	variable	variable	ADJ
fbem-27720	109	15	pearson	pearson	NOUN
fbem-27720	109	16	correlated	correlate	VERB
fbem-27720	109	17	coefficient	coefficient	PROPN
fbem-27720	109	18	interpretation	interpretation	PROPN
fbem-27720	109	19	rdr	rdr	PROPN
fbem-27720	109	20	roi	roi	PROPN
fbem-27720	109	21	0.400	0.400	NUM
fbem-27720	109	22	*	*	PUNCT
fbem-27720	109	23	*	*	PUNCT
fbem-27720	109	24	*	*	PUNCT
fbem-27720	109	25	significant	significant	ADJ
fbem-27720	109	26	rdh	rdh	NOUN
fbem-27720	109	27	0.426	0.426	NUM
fbem-27720	109	28	*	*	PUNCT
fbem-27720	109	29	*	*	PUNCT
fbem-27720	109	30	*	*	PUNCT
fbem-27720	109	31	significant	significant	ADJ
fbem-27720	109	32	rdr	rdr	NOUN
fbem-27720	109	33	roic	roic	ADJ
fbem-27720	109	34	0.357	0.357	NUM
fbem-27720	109	35	*	*	PUNCT
fbem-27720	109	36	*	*	PUNCT
fbem-27720	109	37	*	*	PUNCT
fbem-27720	109	38	significant	significant	ADJ
fbem-27720	109	39	rdh	rdh	NOUN
fbem-27720	109	40	0.354	0.354	NUM
fbem-27720	109	41	*	*	PUNCT
fbem-27720	109	42	*	*	PUNCT
fbem-27720	109	43	*	*	PUNCT
fbem-27720	109	44	significant	significant	ADJ
fbem-27720	109	45	rdr	rdr	NOUN
fbem-27720	109	46	roa	roa	VERB
fbem-27720	109	47	0.382	0.382	NUM
fbem-27720	109	48	*	*	PUNCT
fbem-27720	109	49	*	*	PUNCT
fbem-27720	109	50	*	*	PUNCT
fbem-27720	109	51	significant	significant	ADJ
fbem-27720	109	52	rdh	rdh	NOUN
fbem-27720	109	53	0.422	0.422	NUM
fbem-27720	109	54	*	*	PUNCT
fbem-27720	109	55	*	*	PUNCT
fbem-27720	109	56	*	*	PUNCT
fbem-27720	109	57	significant	significant	ADJ
fbem-27720	109	58	rdr	rdr	PROPN
fbem-27720	109	59	roe	roe	NOUN
fbem-27720	109	60	0.352	0.352	NUM
fbem-27720	109	61	*	*	PUNCT
fbem-27720	109	62	*	*	PUNCT
fbem-27720	109	63	*	*	PUNCT
fbem-27720	109	64	significant	significant	ADJ
fbem-27720	109	65	rdh	rdh	NOUN
fbem-27720	109	66	0.401	0.401	NUM
fbem-27720	109	67	*	*	PUNCT
fbem-27720	109	68	*	*	PUNCT
fbem-27720	109	69	*	*	PUNCT
fbem-27720	109	70	significant	significant	ADJ
fbem-27720	110	1	*	*	PUNCT
fbem-27720	110	2	*	*	PUNCT
fbem-27720	110	3	*	*	PUNCT
fbem-27720	110	4	indicates	indicate	VERB
fbem-27720	110	5	significant	significant	ADJ
fbem-27720	110	6	at	at	ADP
fbem-27720	110	7	the	the	DET
fbem-27720	110	8	1	1	NUM
fbem-27720	110	9	%	%	NOUN
fbem-27720	110	10	level	level	NOUN
fbem-27720	110	11	*	*	PUNCT
fbem-27720	111	1	*	*	PUNCT
fbem-27720	111	2	indicates	indicate	VERB
fbem-27720	111	3	significant	significant	ADJ
fbem-27720	111	4	at	at	ADP
fbem-27720	111	5	the	the	DET
fbem-27720	111	6	5	5	NUM
fbem-27720	111	7	%	%	NOUN
fbem-27720	111	8	level	level	NOUN
fbem-27720	111	9	*	*	PUNCT
fbem-27720	111	10	indicates	indicate	VERB
fbem-27720	111	11	significant	significant	ADJ
fbem-27720	111	12	at	at	ADP
fbem-27720	111	13	the	the	DET
fbem-27720	111	14	10	10	NUM
fbem-27720	111	15	%	%	NOUN
fbem-27720	111	16	level	level	NOUN
fbem-27720	111	17	the	the	DET
fbem-27720	111	18	pearson	pearson	NOUN
fbem-27720	111	19	correlated	correlate	VERB
fbem-27720	111	20	coefficient	coefficient	NOUN
fbem-27720	111	21	is	be	AUX
fbem-27720	111	22	one	one	NUM
fbem-27720	111	23	of	of	ADP
fbem-27720	111	24	the	the	DET
fbem-27720	111	25	evaluated	evaluate	VERB
fbem-27720	111	26	factors	factor	NOUN
fbem-27720	111	27	in	in	ADP
fbem-27720	111	28	table	table	NOUN
fbem-27720	111	29	2	2	NUM
fbem-27720	111	30	,	,	PUNCT
fbem-27720	111	31	covering	cover	VERB
fbem-27720	111	32	variables	variable	NOUN
fbem-27720	111	33	such	such	ADJ
fbem-27720	111	34	as	as	ADP
fbem-27720	111	35	roi	roi	NOUN
fbem-27720	111	36	,	,	PUNCT
fbem-27720	111	37	roic	roic	ADJ
fbem-27720	111	38	,	,	PUNCT
fbem-27720	111	39	roa	roa	PROPN
fbem-27720	111	40	,	,	PUNCT
fbem-27720	111	41	roe	roe	PROPN
fbem-27720	111	42	,	,	PUNCT
fbem-27720	111	43	rdr	rdr	PROPN
fbem-27720	111	44	,	,	PUNCT
fbem-27720	111	45	and	and	CCONJ
fbem-27720	111	46	rdh	rdh	PROPN
fbem-27720	111	47	.	.	PUNCT
fbem-27720	112	1	the	the	DET
fbem-27720	112	2	correlation	correlation	NOUN
fbem-27720	112	3	coefficients	coefficient	NOUN
fbem-27720	112	4	indicate	indicate	VERB
fbem-27720	112	5	a	a	DET
fbem-27720	112	6	significant	significant	ADJ
fbem-27720	112	7	correlation	correlation	NOUN
fbem-27720	112	8	in	in	ADP
fbem-27720	112	9	rd	rd	PROPN
fbem-27720	112	10	,	,	PUNCT
fbem-27720	112	11	rdh	rdh	PROPN
fbem-27720	112	12	,	,	PUNCT
fbem-27720	112	13	roi	roi	NOUN
fbem-27720	112	14	,	,	PUNCT
fbem-27720	112	15	roic	roic	ADJ
fbem-27720	112	16	,	,	PUNCT
fbem-27720	112	17	roa	roa	PROPN
fbem-27720	112	18	,	,	PUNCT
fbem-27720	112	19	and	and	CCONJ
fbem-27720	112	20	roe	roe	NOUN
fbem-27720	112	21	,	,	PUNCT
fbem-27720	112	22	with	with	ADP
fbem-27720	112	23	most	most	ADJ
fbem-27720	112	24	of	of	ADP
fbem-27720	112	25	these	these	DET
fbem-27720	112	26	correlations	correlation	NOUN
fbem-27720	112	27	being	be	AUX
fbem-27720	112	28	significant	significant	ADJ
fbem-27720	112	29	at	at	ADP
fbem-27720	112	30	the	the	DET
fbem-27720	112	31	1	1	NUM
fbem-27720	112	32	%	%	NOUN
fbem-27720	112	33	level	level	NOUN
fbem-27720	112	34	(	(	PUNCT
fbem-27720	112	35	marked	mark	VERB
fbem-27720	112	36	as	as	ADP
fbem-27720	112	37	*	*	NOUN
fbem-27720	112	38	*	*	PUNCT
fbem-27720	112	39	*	*	NOUN
fbem-27720	112	40	)	)	PUNCT
fbem-27720	112	41	.	.	PUNCT
fbem-27720	113	1	for	for	ADP
fbem-27720	113	2	example	example	NOUN
fbem-27720	113	3	,	,	PUNCT
fbem-27720	113	4	the	the	DET
fbem-27720	113	5	correlation	correlation	NOUN
fbem-27720	113	6	coefficient	coefficient	NOUN
fbem-27720	113	7	between	between	ADP
fbem-27720	113	8	rdr	rdr	NOUN
fbem-27720	113	9	and	and	CCONJ
fbem-27720	113	10	roi	roi	NOUN
fbem-27720	113	11	is	be	AUX
fbem-27720	113	12	0.400	0.400	NUM
fbem-27720	113	13	,	,	PUNCT
fbem-27720	113	14	between	between	ADP
fbem-27720	113	15	rdr	rdr	NOUN
fbem-27720	113	16	and	and	CCONJ
fbem-27720	113	17	roe	roe	PROPN
fbem-27720	113	18	is	be	AUX
fbem-27720	113	19	0.352	0.352	NUM
fbem-27720	113	20	,	,	PUNCT
fbem-27720	113	21	and	and	CCONJ
fbem-27720	113	22	between	between	ADP
fbem-27720	113	23	rdh	rdh	NOUN
fbem-27720	113	24	and	and	CCONJ
fbem-27720	113	25	roi	roi	NOUN
fbem-27720	113	26	is	be	AUX
fbem-27720	113	27	0.426	0.426	NUM
fbem-27720	113	28	.	.	PUNCT
fbem-27720	114	1	these	these	DET
fbem-27720	114	2	results	result	NOUN
fbem-27720	114	3	show	show	VERB
fbem-27720	114	4	that	that	SCONJ
fbem-27720	114	5	r&d	r&d	NOUN
fbem-27720	114	6	investment	investment	NOUN
fbem-27720	114	7	influences	influence	VERB
fbem-27720	114	8	a	a	DET
fbem-27720	114	9	firm	firm	NOUN
fbem-27720	114	10	's	's	PART
fbem-27720	114	11	financial	financial	ADJ
fbem-27720	114	12	performance	performance	NOUN
fbem-27720	114	13	,	,	PUNCT
fbem-27720	114	14	suggesting	suggest	VERB
fbem-27720	114	15	that	that	SCONJ
fbem-27720	114	16	increasing	increase	VERB
fbem-27720	114	17	r&d	r&d	NOUN
fbem-27720	114	18	investment	investment	NOUN
fbem-27720	114	19	enhances	enhance	VERB
fbem-27720	114	20	the	the	DET
fbem-27720	114	21	company	company	NOUN
fbem-27720	114	22	's	's	PART
fbem-27720	114	23	profitability	profitability	NOUN
fbem-27720	114	24	.	.	PUNCT
fbem-27720	115	1	the	the	DET
fbem-27720	115	2	work	work	NOUN
fbem-27720	115	3	of	of	ADP
fbem-27720	115	4	liu	liu	PROPN
fbem-27720	115	5	and	and	CCONJ
fbem-27720	115	6	atuahene	atuahene	NOUN
fbem-27720	115	7	-	-	PUNCT
fbem-27720	115	8	gima	gima	NOUN
fbem-27720	115	9	(	(	PUNCT
fbem-27720	115	10	2023	2023	NUM
fbem-27720	115	11	)	)	PUNCT
fbem-27720	115	12	,	,	PUNCT
fbem-27720	115	13	who	who	PRON
fbem-27720	115	14	found	find	VERB
fbem-27720	115	15	a	a	DET
fbem-27720	115	16	similar	similar	ADJ
fbem-27720	115	17	relationship	relationship	NOUN
fbem-27720	115	18	between	between	ADP
fbem-27720	115	19	rdr	rdr	NOUN
fbem-27720	115	20	,	,	PUNCT
fbem-27720	115	21	roa	roa	PROPN
fbem-27720	115	22	,	,	PUNCT
fbem-27720	115	23	and	and	CCONJ
fbem-27720	115	24	roe	roe	NOUN
fbem-27720	115	25	,	,	PUNCT
fbem-27720	115	26	also	also	ADV
fbem-27720	115	27	supports	support	VERB
fbem-27720	115	28	this	this	DET
fbem-27720	115	29	positive	positive	ADJ
fbem-27720	115	30	correlation	correlation	NOUN
fbem-27720	115	31	.	.	PUNCT
fbem-27720	116	1	3.1.3	3.1.3	NUM
fbem-27720	116	2	.	.	PUNCT
fbem-27720	116	3	multicollinearity	multicollinearity	NOUN
fbem-27720	116	4	test	test	NOUN
fbem-27720	116	5	on	on	ADP
fbem-27720	116	6	r&d	r&d	NOUN
fbem-27720	116	7	investment	investment	NOUN
fbem-27720	116	8	and	and	CCONJ
fbem-27720	116	9	financial	financial	ADJ
fbem-27720	116	10	performance	performance	NOUN
fbem-27720	116	11	it	it	PRON
fbem-27720	116	12	’s	’	VERB
fbem-27720	116	13	normal	normal	ADJ
fbem-27720	116	14	to	to	PART
fbem-27720	116	15	adopt	adopt	VERB
fbem-27720	116	16	a	a	DET
fbem-27720	116	17	multicollinearity	multicollinearity	NOUN
fbem-27720	116	18	test	test	NOUN
fbem-27720	116	19	to	to	PART
fbem-27720	116	20	evaluate	evaluate	VERB
fbem-27720	116	21	model	model	NOUN
fbem-27720	116	22	efficiency	efficiency	NOUN
fbem-27720	116	23	.	.	PUNCT
fbem-27720	117	1	one	one	NUM
fbem-27720	117	2	important	important	ADJ
fbem-27720	117	3	metric	metric	NOUN
fbem-27720	117	4	for	for	ADP
fbem-27720	117	5	assessing	assess	VERB
fbem-27720	117	6	multicollinearity	multicollinearity	NOUN
fbem-27720	117	7	is	be	AUX
fbem-27720	117	8	vif	vif	PROPN
fbem-27720	117	9	.	.	PROPN
fbem-27720	117	10	table	table	NOUN
fbem-27720	117	11	3	3	NUM
fbem-27720	117	12	displays	display	VERB
fbem-27720	117	13	the	the	DET
fbem-27720	117	14	test	test	NOUN
fbem-27720	117	15	results	result	NOUN
fbem-27720	117	16	using	use	VERB
fbem-27720	117	17	r&d	r&d	NOUN
fbem-27720	117	18	investment	investment	NOUN
fbem-27720	117	19	(	(	PUNCT
fbem-27720	117	20	rdr	rdr	NOUN
fbem-27720	117	21	and	and	CCONJ
fbem-27720	117	22	rdh	rdh	PROPN
fbem-27720	117	23	)	)	PUNCT
fbem-27720	117	24	as	as	ADP
fbem-27720	117	25	the	the	DET
fbem-27720	117	26	independent	independent	ADJ
fbem-27720	117	27	variable	variable	NOUN
fbem-27720	117	28	.	.	PUNCT
fbem-27720	118	1	table	table	NOUN
fbem-27720	118	2	3	3	NUM
fbem-27720	118	3	.	.	PUNCT
fbem-27720	118	4	multicollinearity	multicollinearity	NOUN
fbem-27720	118	5	test	test	NOUN
fbem-27720	118	6	on	on	ADP
fbem-27720	118	7	r&d	r&d	NOUN
fbem-27720	118	8	investment	investment	NOUN
fbem-27720	118	9	and	and	CCONJ
fbem-27720	118	10	financial	financial	ADJ
fbem-27720	118	11	performance	performance	NOUN
fbem-27720	118	12	variable	variable	NOUN
fbem-27720	118	13	vif	vif	NOUN
fbem-27720	118	14	1	1	NUM
fbem-27720	118	15	/	/	SYM
fbem-27720	118	16	vif	vif	NOUN
fbem-27720	118	17	lev	lev	NOUN
fbem-27720	118	18	1.44	1.44	NUM
fbem-27720	118	19	0.693716	0.693716	NUM
fbem-27720	118	20	tq	tq	ADP
fbem-27720	118	21	1.32	1.32	NUM
fbem-27720	118	22	0.757234	0.757234	NUM
fbem-27720	118	23	listage	listage	NOUN
fbem-27720	118	24	1.22	1.22	NUM
fbem-27720	118	25	0.819914	0.819914	NUM
fbem-27720	118	26	loss	loss	NOUN
fbem-27720	118	27	1.18	1.18	NUM
fbem-27720	118	28	0.849678	0.849678	NUM
fbem-27720	118	29	cash	cash	NOUN
fbem-27720	118	30	1.16	1.16	NUM
fbem-27720	118	31	0.862691	0.862691	NUM
fbem-27720	118	32	growth	growth	NOUN
fbem-27720	119	1	1.14	1.14	NUM
fbem-27720	119	2	0.880773	0.880773	NUM
fbem-27720	119	3	rdr	rdr	NOUN
fbem-27720	119	4	1.10	1.10	NUM
fbem-27720	119	5	0.910865	0.910865	NUM
fbem-27720	119	6	rdh	rdh	NOUN
fbem-27720	119	7	1.09	1.09	NUM
fbem-27720	119	8	0.918331	0.918331	NUM
fbem-27720	119	9	dual	dual	ADJ
fbem-27720	119	10	1.08	1.08	NUM
fbem-27720	119	11	0.925837	0.925837	NUM
fbem-27720	119	12	top5	top5	NOUN
fbem-27720	119	13	1.08	1.08	NUM
fbem-27720	119	14	0.926371	0.926371	NUM
fbem-27720	119	15	indep	indep	NOUN
fbem-27720	119	16	1.06	1.06	NUM
fbem-27720	119	17	0.941706	0.941706	NUM
fbem-27720	119	18	big4	big4	NOUN
fbem-27720	119	19	1.03	1.03	NUM
fbem-27720	119	20	0.972324	0.972324	NUM
fbem-27720	119	21	mean	mean	NOUN
fbem-27720	119	22	vif	vif	PROPN
fbem-27720	119	23	1.16	1.16	NUM
fbem-27720	119	24	vif	vif	NOUN
fbem-27720	119	25	measures	measure	NOUN
fbem-27720	119	26	how	how	SCONJ
fbem-27720	119	27	significantly	significantly	ADV
fbem-27720	119	28	different	different	ADJ
fbem-27720	119	29	variables	variable	NOUN
fbem-27720	119	30	affect	affect	VERB
fbem-27720	119	31	each	each	DET
fbem-27720	119	32	other	other	ADJ
fbem-27720	119	33	.	.	PUNCT
fbem-27720	120	1	multicollinearity	multicollinearity	NOUN
fbem-27720	120	2	between	between	ADP
fbem-27720	120	3	variables	variable	NOUN
fbem-27720	120	4	may	may	AUX
fbem-27720	120	5	not	not	PART
fbem-27720	120	6	pose	pose	VERB
fbem-27720	120	7	a	a	DET
fbem-27720	120	8	problem	problem	NOUN
fbem-27720	120	9	if	if	SCONJ
fbem-27720	120	10	the	the	DET
fbem-27720	120	11	tolerance	tolerance	NOUN
fbem-27720	120	12	exceeds	exceed	VERB
fbem-27720	120	13	0.1	0.1	NUM
fbem-27720	120	14	and	and	CCONJ
fbem-27720	120	15	if	if	SCONJ
fbem-27720	120	16	the	the	DET
fbem-27720	120	17	vif	vif	NOUN
fbem-27720	120	18	value	value	NOUN
fbem-27720	120	19	is	be	AUX
fbem-27720	120	20	between	between	ADP
fbem-27720	120	21	0	0	NUM
fbem-27720	120	22	and	and	CCONJ
fbem-27720	120	23	10	10	NUM
fbem-27720	120	24	.	.	PUNCT
fbem-27720	121	1	the	the	DET
fbem-27720	121	2	key	key	ADJ
fbem-27720	121	3	findings	finding	NOUN
fbem-27720	121	4	in	in	ADP
fbem-27720	121	5	multicollinearity	multicollinearity	NOUN
fbem-27720	121	6	indicate	indicate	VERB
fbem-27720	121	7	that	that	SCONJ
fbem-27720	121	8	all	all	DET
fbem-27720	121	9	variables	variable	NOUN
fbem-27720	121	10	have	have	VERB
fbem-27720	121	11	vif	vif	NOUN
fbem-27720	121	12	values	value	NOUN
fbem-27720	121	13	within	within	ADP
fbem-27720	121	14	10	10	NUM
fbem-27720	121	15	,	,	PUNCT
fbem-27720	121	16	and	and	CCONJ
fbem-27720	121	17	the	the	DET
fbem-27720	121	18	tolerance	tolerance	NOUN
fbem-27720	121	19	is	be	AUX
fbem-27720	121	20	above	above	ADP
fbem-27720	121	21	0.1	0.1	NUM
fbem-27720	121	22	.	.	PUNCT
fbem-27720	122	1	this	this	PRON
fbem-27720	122	2	indicates	indicate	VERB
fbem-27720	122	3	that	that	SCONJ
fbem-27720	122	4	there	there	PRON
fbem-27720	122	5	is	be	VERB
fbem-27720	122	6	no	no	DET
fbem-27720	122	7	multicollinearity	multicollinearity	NOUN
fbem-27720	122	8	among	among	ADP
fbem-27720	122	9	the	the	DET
fbem-27720	122	10	variables	variable	NOUN
fbem-27720	122	11	in	in	ADP
fbem-27720	122	12	this	this	DET
fbem-27720	122	13	model	model	NOUN
fbem-27720	122	14	.	.	PUNCT
fbem-27720	123	1	qian	qian	PROPN
fbem-27720	123	2	,	,	PUNCT
fbem-27720	123	3	y	y	PROPN
fbem-27720	123	4	(	(	PUNCT
fbem-27720	123	5	2021	2021	NUM
fbem-27720	123	6	)	)	PUNCT
fbem-27720	123	7	also	also	ADV
fbem-27720	123	8	emphasized	emphasize	VERB
fbem-27720	123	9	the	the	DET
fbem-27720	123	10	importance	importance	NOUN
fbem-27720	123	11	of	of	ADP
fbem-27720	123	12	multicollinearity	multicollinearity	NOUN
fbem-27720	123	13	in	in	ADP
fbem-27720	123	14	regression	regression	NOUN
fbem-27720	123	15	analysis	analysis	NOUN
fbem-27720	123	16	,	,	PUNCT
fbem-27720	123	17	stating	state	VERB
fbem-27720	123	18	that	that	SCONJ
fbem-27720	123	19	the	the	DET
fbem-27720	123	20	absence	absence	NOUN
fbem-27720	123	21	of	of	ADP
fbem-27720	123	22	it	it	PRON
fbem-27720	123	23	ensures	ensure	VERB
fbem-27720	123	24	an	an	DET
fbem-27720	123	25	accurate	accurate	ADJ
fbem-27720	123	26	estimation	estimation	NOUN
fbem-27720	123	27	of	of	ADP
fbem-27720	123	28	each	each	DET
fbem-27720	123	29	variable	variable	NOUN
fbem-27720	123	30	's	's	PART
fbem-27720	123	31	effect	effect	NOUN
fbem-27720	123	32	on	on	ADP
fbem-27720	123	33	financial	financial	ADJ
fbem-27720	123	34	performance	performance	NOUN
fbem-27720	123	35	.	.	PUNCT
fbem-27720	124	1	3.1.4	3.1.4	NUM
fbem-27720	124	2	.	.	PUNCT
fbem-27720	124	3	model	model	NOUN
fbem-27720	124	4	validation	validation	NOUN
fbem-27720	124	5	on	on	ADP
fbem-27720	124	6	r&d	r&d	NOUN
fbem-27720	124	7	investment	investment	NOUN
fbem-27720	124	8	and	and	CCONJ
fbem-27720	124	9	financial	financial	ADJ
fbem-27720	124	10	performance	performance	NOUN
fbem-27720	124	11	when	when	SCONJ
fbem-27720	124	12	the	the	DET
fbem-27720	124	13	statistical	statistical	ADJ
fbem-27720	124	14	findings	finding	NOUN
fbem-27720	124	15	under	under	ADP
fbem-27720	124	16	the	the	DET
fbem-27720	124	17	null	null	ADJ
fbem-27720	124	18	hypothesis	hypothesis	NOUN
fbem-27720	124	19	follow	follow	VERB
fbem-27720	124	20	an	an	DET
fbem-27720	124	21	f	f	PROPN
fbem-27720	124	22	distribution	distribution	NOUN
fbem-27720	124	23	,	,	PUNCT
fbem-27720	124	24	the	the	DET
fbem-27720	124	25	test	test	NOUN
fbem-27720	124	26	is	be	AUX
fbem-27720	124	27	known	know	VERB
fbem-27720	124	28	as	as	ADP
fbem-27720	124	29	an	an	DET
fbem-27720	124	30	f	f	NOUN
fbem-27720	124	31	-	-	PUNCT
fbem-27720	124	32	test	test	NOUN
fbem-27720	124	33	.	.	PUNCT
fbem-27720	125	1	this	this	DET
fbem-27720	125	2	study	study	NOUN
fbem-27720	125	3	often	often	ADV
fbem-27720	125	4	uses	use	VERB
fbem-27720	125	5	it	it	PRON
fbem-27720	125	6	to	to	PART
fbem-27720	125	7	evaluate	evaluate	VERB
fbem-27720	125	8	statistical	statistical	ADJ
fbem-27720	125	9	models	model	NOUN
fbem-27720	125	10	that	that	PRON
fbem-27720	125	11	employ	employ	VERB
fbem-27720	125	12	multiple	multiple	ADJ
fbem-27720	125	13	parameters	parameter	NOUN
fbem-27720	125	14	,	,	PUNCT
fbem-27720	125	15	determining	determine	VERB
fbem-27720	125	16	whether	whether	SCONJ
fbem-27720	125	17	all	all	PRON
fbem-27720	125	18	or	or	CCONJ
fbem-27720	125	19	some	some	PRON
fbem-27720	125	20	of	of	ADP
fbem-27720	125	21	these	these	PRON
fbem-27720	125	22	are	be	AUX
fbem-27720	125	23	suitable	suitable	ADJ
fbem-27720	125	24	for	for	ADP
fbem-27720	125	25	population	population	NOUN
fbem-27720	125	26	estimation	estimation	NOUN
fbem-27720	125	27	.	.	PUNCT
fbem-27720	126	1	this	this	DET
fbem-27720	126	2	study	study	NOUN
fbem-27720	126	3	used	use	VERB
fbem-27720	126	4	an	an	DET
fbem-27720	126	5	ftest	ftest	NOUN
fbem-27720	126	6	to	to	PART
fbem-27720	126	7	determine	determine	VERB
fbem-27720	126	8	the	the	DET
fbem-27720	126	9	use	use	NOUN
fbem-27720	126	10	of	of	ADP
fbem-27720	126	11	fixed	fix	VERB
fbem-27720	126	12	effects	effect	NOUN
fbem-27720	126	13	models	model	NOUN
fbem-27720	126	14	.	.	PUNCT
fbem-27720	127	1	when	when	SCONJ
fbem-27720	127	2	the	the	DET
fbem-27720	127	3	f	f	NOUN
fbem-27720	127	4	-	-	PUNCT
fbem-27720	127	5	test	test	NOUN
fbem-27720	127	6	's	's	PART
fbem-27720	127	7	p	p	NOUN
fbem-27720	127	8	-	-	PUNCT
fbem-27720	127	9	value	value	NOUN
fbem-27720	127	10	is	be	AUX
fbem-27720	127	11	less	less	ADJ
fbem-27720	127	12	than	than	ADP
fbem-27720	127	13	0.05	0.05	NUM
fbem-27720	127	14	,	,	PUNCT
fbem-27720	127	15	a	a	DET
fbem-27720	127	16	fixed	fix	VERB
fbem-27720	127	17	effects	effect	NOUN
fbem-27720	127	18	model	model	NOUN
fbem-27720	127	19	is	be	AUX
fbem-27720	127	20	appropriate	appropriate	ADJ
fbem-27720	127	21	for	for	ADP
fbem-27720	127	22	estimating	estimate	VERB
fbem-27720	127	23	how	how	SCONJ
fbem-27720	127	24	rdr	rdr	NOUN
fbem-27720	127	25	and	and	CCONJ
fbem-27720	127	26	rdh	rdh	PROPN
fbem-27720	127	27	affect	affect	VERB
fbem-27720	127	28	financial	financial	ADJ
fbem-27720	127	29	performance	performance	NOUN
fbem-27720	127	30	.	.	PUNCT
fbem-27720	128	1	the	the	DET
fbem-27720	128	2	f	f	NOUN
fbem-27720	128	3	-	-	PUNCT
fbem-27720	128	4	test	test	NOUN
fbem-27720	128	5	revealed	reveal	VERB
fbem-27720	128	6	a	a	DET
fbem-27720	128	7	p	p	NOUN
fbem-27720	128	8	-	-	PUNCT
fbem-27720	128	9	value	value	NOUN
fbem-27720	128	10	of	of	ADP
fbem-27720	128	11	less	less	ADJ
fbem-27720	128	12	than	than	ADP
fbem-27720	128	13	0.05	0.05	NUM
fbem-27720	128	14	,	,	PUNCT
fbem-27720	128	15	leading	lead	VERB
fbem-27720	128	16	to	to	ADP
fbem-27720	128	17	the	the	DET
fbem-27720	128	18	construction	construction	NOUN
fbem-27720	128	19	of	of	ADP
fbem-27720	128	20	a	a	DET
fbem-27720	128	21	fixed	fix	VERB
fbem-27720	128	22	effects	effect	NOUN
fbem-27720	128	23	model	model	NOUN
fbem-27720	128	24	in	in	ADP
fbem-27720	128	25	this	this	DET
fbem-27720	128	26	study	study	NOUN
fbem-27720	128	27	.	.	PUNCT
fbem-27720	129	1	zhao	zhao	PROPN
fbem-27720	129	2	et	et	PROPN
fbem-27720	129	3	al	al	PROPN
fbem-27720	129	4	.	.	PROPN
fbem-27720	130	1	(	(	PUNCT
fbem-27720	130	2	2021	2021	NUM
fbem-27720	130	3	)	)	PUNCT
fbem-27720	130	4	use	use	VERB
fbem-27720	130	5	similar	similar	ADJ
fbem-27720	130	6	methods	method	NOUN
fbem-27720	130	7	and	and	CCONJ
fbem-27720	130	8	share	share	VERB
fbem-27720	130	9	the	the	DET
fbem-27720	130	10	same	same	ADJ
fbem-27720	130	11	finding	finding	NOUN
fbem-27720	130	12	that	that	SCONJ
fbem-27720	130	13	rdr	rdr	NOUN
fbem-27720	130	14	and	and	CCONJ
fbem-27720	130	15	rdh	rdh	PROPN
fbem-27720	130	16	affect	affect	VERB
fbem-27720	130	17	financial	financial	ADJ
fbem-27720	130	18	performance	performance	NOUN
fbem-27720	130	19	.	.	PUNCT
fbem-27720	131	1	3.1.5	3.1.5	X
fbem-27720	131	2	.	.	PUNCT
fbem-27720	132	1	regression	regression	NOUN
fbem-27720	132	2	results	result	NOUN
fbem-27720	132	3	on	on	ADP
fbem-27720	132	4	r&d	r&d	NOUN
fbem-27720	132	5	investment	investment	NOUN
fbem-27720	132	6	and	and	CCONJ
fbem-27720	132	7	financial	financial	ADJ
fbem-27720	132	8	performance	performance	NOUN
fbem-27720	132	9	table	table	NOUN
fbem-27720	132	10	4	4	NUM
fbem-27720	132	11	displays	display	VERB
fbem-27720	132	12	the	the	DET
fbem-27720	132	13	regression	regression	NOUN
fbem-27720	132	14	results	result	NOUN
fbem-27720	132	15	of	of	ADP
fbem-27720	132	16	r&d	r&d	NOUN
fbem-27720	132	17	capital	capital	NOUN
fbem-27720	132	18	investment	investment	NOUN
fbem-27720	132	19	intensity	intensity	NOUN
fbem-27720	132	20	(	(	PUNCT
fbem-27720	132	21	rdr	rdr	NOUN
fbem-27720	132	22	)	)	PUNCT
fbem-27720	132	23	and	and	CCONJ
fbem-27720	132	24	r&d	r&d	NOUN
fbem-27720	132	25	investment	investment	NOUN
fbem-27720	132	26	manpower	manpower	NOUN
fbem-27720	132	27	intensity	intensity	NOUN
fbem-27720	132	28	(	(	PUNCT
fbem-27720	132	29	rdh	rdh	PROPN
fbem-27720	132	30	)	)	PUNCT
fbem-27720	132	31	on	on	ADP
fbem-27720	132	32	corporate	corporate	ADJ
fbem-27720	132	33	financial	financial	ADJ
fbem-27720	132	34	performance	performance	NOUN
fbem-27720	132	35	,	,	PUNCT
fbem-27720	132	36	including	include	VERB
fbem-27720	132	37	roi	roi	NOUN
fbem-27720	132	38	,	,	PUNCT
fbem-27720	132	39	roic	roic	ADJ
fbem-27720	132	40	,	,	PUNCT
fbem-27720	132	41	roa	roa	PROPN
fbem-27720	132	42	,	,	PUNCT
fbem-27720	132	43	and	and	CCONJ
fbem-27720	132	44	roe	roe	NOUN
fbem-27720	132	45	.	.	PUNCT
fbem-27720	133	1	as	as	SCONJ
fbem-27720	133	2	shown	show	VERB
fbem-27720	133	3	in	in	ADP
fbem-27720	133	4	table	table	NOUN
fbem-27720	133	5	4	4	NUM
fbem-27720	133	6	,	,	PUNCT
fbem-27720	133	7	the	the	DET
fbem-27720	133	8	p	p	NOUN
fbem-27720	133	9	value	value	NOUN
fbem-27720	133	10	of	of	ADP
fbem-27720	133	11	r&d	r&d	NOUN
fbem-27720	133	12	investment	investment	NOUN
fbem-27720	133	13	on	on	ADP
fbem-27720	133	14	the	the	DET
fbem-27720	133	15	financial	financial	ADJ
fbem-27720	133	16	performance	performance	NOUN
fbem-27720	133	17	of	of	ADP
fbem-27720	133	18	enterprises	enterprise	NOUN
fbem-27720	133	19	is	be	AUX
fbem-27720	133	20	less	less	ADJ
fbem-27720	133	21	than	than	ADP
fbem-27720	133	22	1	1	NUM
fbem-27720	133	23	%	%	NOUN
fbem-27720	133	24	,	,	PUNCT
fbem-27720	133	25	which	which	PRON
fbem-27720	133	26	is	be	AUX
fbem-27720	133	27	significantly	significantly	ADV
fbem-27720	133	28	positive	positive	ADJ
fbem-27720	133	29	.	.	PUNCT
fbem-27720	134	1	it	it	PRON
fbem-27720	134	2	demonstrates	demonstrate	VERB
fbem-27720	134	3	how	how	SCONJ
fbem-27720	134	4	raising	raise	VERB
fbem-27720	134	5	rdr	rdr	NOUN
fbem-27720	134	6	and	and	CCONJ
fbem-27720	134	7	rdh	rdh	NOUN
fbem-27720	134	8	may	may	AUX
fbem-27720	134	9	help	help	VERB
fbem-27720	134	10	the	the	DET
fbem-27720	134	11	company	company	NOUN
fbem-27720	134	12	's	's	PART
fbem-27720	134	13	roi	roi	NOUN
fbem-27720	134	14	,	,	PUNCT
fbem-27720	134	15	roic	roic	ADJ
fbem-27720	134	16	,	,	PUNCT
fbem-27720	134	17	roa	roa	PROPN
fbem-27720	134	18	,	,	PUNCT
fbem-27720	134	19	and	and	CCONJ
fbem-27720	134	20	roe	roe	PROPN
fbem-27720	134	21	significantly	significantly	ADV
fbem-27720	134	22	improve	improve	VERB
fbem-27720	134	23	.	.	PUNCT
fbem-27720	135	1	the	the	DET
fbem-27720	135	2	regression	regression	NOUN
fbem-27720	135	3	coefficients	coefficient	NOUN
fbem-27720	135	4	of	of	ADP
fbem-27720	135	5	rdr	rdr	NOUN
fbem-27720	135	6	for	for	ADP
fbem-27720	135	7	roi	roi	NOUN
fbem-27720	135	8	,	,	PUNCT
fbem-27720	135	9	roic	roic	ADJ
fbem-27720	135	10	,	,	PUNCT
fbem-27720	135	11	roa	roa	PROPN
fbem-27720	135	12	,	,	PUNCT
fbem-27720	135	13	and	and	CCONJ
fbem-27720	135	14	roe	roe	NOUN
fbem-27720	135	15	were	be	AUX
fbem-27720	135	16	1.360	1.360	NUM
fbem-27720	135	17	,	,	PUNCT
fbem-27720	135	18	1.484	1.484	NUM
fbem-27720	135	19	,	,	PUNCT
fbem-27720	135	20	1.018	1.018	NUM
fbem-27720	135	21	,	,	PUNCT
fbem-27720	135	22	and	and	CCONJ
fbem-27720	135	23	2.222	2.222	NUM
fbem-27720	135	24	.	.	PUNCT
fbem-27720	136	1	the	the	DET
fbem-27720	136	2	regression	regression	NOUN
fbem-27720	136	3	coefficients	coefficient	NOUN
fbem-27720	136	4	of	of	ADP
fbem-27720	136	5	rdh	rdh	NOUN
fbem-27720	136	6	for	for	ADP
fbem-27720	136	7	roi	roi	NOUN
fbem-27720	136	8	,	,	PUNCT
fbem-27720	136	9	roic	roic	ADJ
fbem-27720	136	10	,	,	PUNCT
fbem-27720	136	11	roa	roa	PROPN
fbem-27720	136	12	,	,	PUNCT
fbem-27720	136	13	and	and	CCONJ
fbem-27720	136	14	roe	roe	NOUN
fbem-27720	136	15	were	be	AUX
fbem-27720	136	16	0.389	0.389	NUM
fbem-27720	136	17	,	,	PUNCT
fbem-27720	136	18	0.397	0.397	NUM
fbem-27720	136	19	,	,	PUNCT
fbem-27720	136	20	0.300	0.300	NUM
fbem-27720	136	21	,	,	PUNCT
fbem-27720	136	22	and	and	CCONJ
fbem-27720	136	23	0.691	0.691	NUM
fbem-27720	136	24	,	,	PUNCT
fbem-27720	136	25	respectively	respectively	ADV
fbem-27720	136	26	.	.	PUNCT
fbem-27720	137	1	the	the	DET
fbem-27720	137	2	regression	regression	NOUN
fbem-27720	137	3	coefficients	coefficient	NOUN
fbem-27720	137	4	reveal	reveal	VERB
fbem-27720	137	5	that	that	SCONJ
fbem-27720	137	6	the	the	DET
fbem-27720	137	7	increase	increase	NOUN
fbem-27720	137	8	in	in	ADP
fbem-27720	137	9	r&d	r&d	NOUN
fbem-27720	137	10	investment	investment	NOUN
fbem-27720	137	11	has	have	AUX
fbem-27720	137	12	significantly	significantly	ADV
fbem-27720	137	13	increased	increase	VERB
fbem-27720	137	14	the	the	DET
fbem-27720	137	15	return	return	NOUN
fbem-27720	137	16	on	on	ADP
fbem-27720	137	17	investment	investment	NOUN
fbem-27720	137	18	.	.	PUNCT
fbem-27720	138	1	r&d	r&d	NOUN
fbem-27720	138	2	investment	investment	NOUN
fbem-27720	138	3	significantly	significantly	ADV
fbem-27720	138	4	impacts	impact	VERB
fbem-27720	138	5	the	the	DET
fbem-27720	138	6	financial	financial	ADJ
fbem-27720	138	7	performance	performance	NOUN
fbem-27720	138	8	of	of	ADP
fbem-27720	138	9	enterprises	enterprise	NOUN
fbem-27720	138	10	.	.	PUNCT
fbem-27720	139	1	in	in	ADP
fbem-27720	139	2	this	this	DET
fbem-27720	139	3	case	case	NOUN
fbem-27720	139	4	,	,	PUNCT
fbem-27720	139	5	rdr	rdr	PROPN
fbem-27720	139	6	and	and	CCONJ
fbem-27720	139	7	rdh	rdh	PROPN
fbem-27720	139	8	positively	positively	ADV
fbem-27720	139	9	affect	affect	VERB
fbem-27720	139	10	roi	roi	NOUN
fbem-27720	139	11	,	,	PUNCT
fbem-27720	139	12	roic	roic	ADJ
fbem-27720	139	13	,	,	PUNCT
fbem-27720	139	14	roa	roa	PROPN
fbem-27720	139	15	,	,	PUNCT
fbem-27720	139	16	and	and	CCONJ
fbem-27720	139	17	roe	roe	NOUN
fbem-27720	139	18	.	.	PUNCT
fbem-27720	140	1	r2	r2	PROPN
fbem-27720	140	2	is	be	AUX
fbem-27720	140	3	a	a	DET
fbem-27720	140	4	valid	valid	ADJ
fbem-27720	140	5	illustration	illustration	NOUN
fbem-27720	140	6	of	of	ADP
fbem-27720	140	7	each	each	DET
fbem-27720	140	8	model	model	NOUN
fbem-27720	140	9	's	's	PART
fbem-27720	140	10	capacity	capacity	NOUN
fbem-27720	140	11	for	for	ADP
fbem-27720	140	12	clarification	clarification	NOUN
fbem-27720	140	13	.	.	PUNCT
fbem-27720	141	1	in	in	ADP
fbem-27720	141	2	other	other	ADJ
fbem-27720	141	3	words	word	NOUN
fbem-27720	141	4	,	,	PUNCT
fbem-27720	141	5	the	the	PRON
fbem-27720	141	6	stronger	strong	ADJ
fbem-27720	141	7	the	the	DET
fbem-27720	141	8	model	model	NOUN
fbem-27720	141	9	's	's	PART
fbem-27720	141	10	explanatory	explanatory	ADJ
fbem-27720	141	11	capacity	capacity	NOUN
fbem-27720	141	12	,	,	PUNCT
fbem-27720	141	13	the	the	PRON
fbem-27720	141	14	greater	great	ADJ
fbem-27720	141	15	the	the	DET
fbem-27720	141	16	r2	r2	PROPN
fbem-27720	141	17	.	.	PUNCT
fbem-27720	142	1	from	from	ADP
fbem-27720	142	2	model	model	NOUN
fbem-27720	142	3	1	1	NUM
fbem-27720	142	4	to	to	PART
fbem-27720	142	5	model	model	VERB
fbem-27720	142	6	8	8	NUM
fbem-27720	142	7	,	,	PUNCT
fbem-27720	142	8	model	model	NOUN
fbem-27720	142	9	2	2	NUM
fbem-27720	142	10	’s	’s	PART
fbem-27720	142	11	r2	r2	NOUN
fbem-27720	142	12	is	be	AUX
fbem-27720	142	13	0.239	0.239	NUM
fbem-27720	142	14	,	,	PUNCT
fbem-27720	142	15	which	which	PRON
fbem-27720	142	16	is	be	AUX
fbem-27720	142	17	higher	high	ADJ
fbem-27720	142	18	than	than	ADP
fbem-27720	142	19	that	that	PRON
fbem-27720	142	20	of	of	ADP
fbem-27720	142	21	other	other	ADJ
fbem-27720	142	22	models	model	NOUN
fbem-27720	142	23	,	,	PUNCT
fbem-27720	142	24	and	and	CCONJ
fbem-27720	142	25	model	model	NOUN
fbem-27720	142	26	2	2	NUM
fbem-27720	142	27	is	be	AUX
fbem-27720	142	28	the	the	DET
fbem-27720	142	29	best	good	ADJ
fbem-27720	142	30	model	model	NOUN
fbem-27720	142	31	in	in	ADP
fbem-27720	142	32	sop	sop	PROPN
fbem-27720	142	33	1	1	NUM
fbem-27720	142	34	.	.	X
fbem-27720	142	35	rdh	rdh	PROPN
fbem-27720	142	36	strongly	strongly	ADV
fbem-27720	142	37	affects	affect	VERB
fbem-27720	142	38	roi	roi	NOUN
fbem-27720	142	39	,	,	PUNCT
fbem-27720	142	40	as	as	SCONJ
fbem-27720	142	41	demonstrated	demonstrate	VERB
fbem-27720	142	42	.	.	PUNCT
fbem-27720	143	1	in	in	ADP
fbem-27720	143	2	summary	summary	NOUN
fbem-27720	143	3	,	,	PUNCT
fbem-27720	143	4	this	this	DET
fbem-27720	143	5	result	result	NOUN
fbem-27720	143	6	refutes	refute	VERB
fbem-27720	143	7	hypothesis	hypothesis	NOUN
fbem-27720	143	8	h01	h01	NOUN
fbem-27720	143	9	,	,	PUNCT
fbem-27720	143	10	suggesting	suggest	VERB
fbem-27720	143	11	that	that	SCONJ
fbem-27720	143	12	r&d	r&d	NOUN
fbem-27720	143	13	investment	investment	NOUN
fbem-27720	143	14	positively	positively	ADV
fbem-27720	143	15	impacts	impact	VERB
fbem-27720	143	16	the	the	DET
fbem-27720	143	17	financial	financial	ADJ
fbem-27720	143	18	performance	performance	NOUN
fbem-27720	143	19	of	of	ADP
fbem-27720	143	20	enterprises	enterprise	NOUN
fbem-27720	143	21	.	.	PUNCT
fbem-27720	144	1	this	this	PRON
fbem-27720	144	2	could	could	AUX
fbem-27720	144	3	be	be	AUX
fbem-27720	144	4	the	the	DET
fbem-27720	144	5	case	case	NOUN
fbem-27720	144	6	since	since	SCONJ
fbem-27720	144	7	r&d	r&d	NOUN
fbem-27720	144	8	expenditures	expenditure	NOUN
fbem-27720	144	9	boost	boost	VERB
fbem-27720	144	10	the	the	DET
fbem-27720	144	11	company	company	NOUN
fbem-27720	144	12	's	's	PART
fbem-27720	144	13	potential	potential	NOUN
fbem-27720	144	14	for	for	ADP
fbem-27720	144	15	innovation	innovation	NOUN
fbem-27720	144	16	and	and	CCONJ
fbem-27720	144	17	competitiveness	competitiveness	NOUN
fbem-27720	144	18	in	in	ADP
fbem-27720	144	19	the	the	DET
fbem-27720	144	20	market	market	NOUN
fbem-27720	144	21	,	,	PUNCT
fbem-27720	144	22	which	which	PRON
fbem-27720	144	23	raises	raise	VERB
fbem-27720	144	24	profits	profit	NOUN
fbem-27720	144	25	.	.	PUNCT
fbem-27720	145	1	innovative	innovative	ADJ
fbem-27720	145	2	activity	activity	NOUN
fbem-27720	145	3	significantly	significantly	ADV
fbem-27720	145	4	impacts	impact	VERB
fbem-27720	145	5	corporate	corporate	ADJ
fbem-27720	145	6	financial	financial	ADJ
fbem-27720	145	7	performance	performance	NOUN
fbem-27720	145	8	,	,	PUNCT
fbem-27720	145	9	according	accord	VERB
fbem-27720	145	10	to	to	ADP
fbem-27720	145	11	previous	previous	ADJ
fbem-27720	145	12	findings	finding	NOUN
fbem-27720	145	13	.	.	PUNCT
fbem-27720	146	1	smith	smith	PROPN
fbem-27720	146	2	and	and	CCONJ
fbem-27720	146	3	li	li	PROPN
fbem-27720	146	4	(	(	PUNCT
fbem-27720	146	5	2020	2020	NUM
fbem-27720	146	6	)	)	PUNCT
fbem-27720	146	7	provided	provide	VERB
fbem-27720	146	8	evidence	evidence	NOUN
fbem-27720	146	9	of	of	ADP
fbem-27720	146	10	this	this	DET
fbem-27720	146	11	relationship	relationship	NOUN
fbem-27720	146	12	in	in	ADP
fbem-27720	146	13	their	their	PRON
fbem-27720	146	14	research	research	NOUN
fbem-27720	146	15	on	on	ADP
fbem-27720	146	16	the	the	DET
fbem-27720	146	17	automotive	automotive	ADJ
fbem-27720	146	18	industry	industry	NOUN
fbem-27720	146	19	.	.	PUNCT
fbem-27720	147	1	they	they	PRON
fbem-27720	147	2	found	find	VERB
fbem-27720	147	3	that	that	SCONJ
fbem-27720	147	4	increased	increase	VERB
fbem-27720	147	5	r&d	r&d	NOUN
fbem-27720	147	6	investment	investment	NOUN
fbem-27720	147	7	has	have	VERB
fbem-27720	147	8	a	a	DET
fbem-27720	147	9	significant	significant	ADJ
fbem-27720	147	10	impact	impact	NOUN
fbem-27720	147	11	on	on	ADP
fbem-27720	147	12	improved	improved	ADJ
fbem-27720	147	13	roe	roe	NOUN
fbem-27720	147	14	for	for	ADP
fbem-27720	147	15	public	public	ADJ
fbem-27720	147	16	companies	company	NOUN
fbem-27720	147	17	in	in	ADP
fbem-27720	147	18	the	the	DET
fbem-27720	147	19	automotive	automotive	ADJ
fbem-27720	147	20	industry	industry	NOUN
fbem-27720	147	21	.	.	PUNCT
fbem-27720	148	1	chen	chen	PROPN
fbem-27720	148	2	and	and	CCONJ
fbem-27720	148	3	zhao	zhao	PROPN
fbem-27720	148	4	(	(	PUNCT
fbem-27720	148	5	2022	2022	NUM
fbem-27720	148	6	)	)	PUNCT
fbem-27720	148	7	further	far	ADV
fbem-27720	148	8	confirmed	confirm	VERB
fbem-27720	148	9	that	that	SCONJ
fbem-27720	148	10	rdr	rdr	PROPN
fbem-27720	148	11	has	have	VERB
fbem-27720	148	12	a	a	DET
fbem-27720	148	13	significant	significant	ADJ
fbem-27720	148	14	impact	impact	NOUN
fbem-27720	148	15	on	on	ADP
fbem-27720	148	16	enterprises	enterprise	NOUN
fbem-27720	148	17	'	'	PART
fbem-27720	148	18	roa	roa	NOUN
fbem-27720	148	19	improvement	improvement	NOUN
fbem-27720	148	20	.	.	PUNCT
fbem-27720	149	1	this	this	PRON
fbem-27720	149	2	aligns	align	VERB
fbem-27720	149	3	with	with	ADP
fbem-27720	149	4	the	the	DET
fbem-27720	149	5	findings	finding	NOUN
fbem-27720	149	6	of	of	ADP
fbem-27720	149	7	the	the	DET
fbem-27720	149	8	study	study	NOUN
fbem-27720	149	9	.	.	PUNCT
fbem-27720	150	1	394	394	NUM
fbem-27720	150	2	table	table	NOUN
fbem-27720	150	3	4	4	NUM
fbem-27720	150	4	.	.	PUNCT
fbem-27720	151	1	regression	regression	NOUN
fbem-27720	151	2	results	result	NOUN
fbem-27720	151	3	on	on	ADP
fbem-27720	151	4	r&d	r&d	NOUN
fbem-27720	151	5	investment	investment	NOUN
fbem-27720	151	6	and	and	CCONJ
fbem-27720	151	7	financial	financial	ADJ
fbem-27720	151	8	performance	performance	NOUN
fbem-27720	151	9	dv	dv	PROPN
fbem-27720	151	10	model	model	PROPN
fbem-27720	151	11	iv	iv	NUM
fbem-27720	151	12	coefficients	coefficient	NOUN
fbem-27720	151	13	t	t	PROPN
fbem-27720	151	14	p>|t|	p>|t|	NOUN
fbem-27720	151	15	r²	r²	NOUN
fbem-27720	151	16	remark	remark	NOUN
fbem-27720	151	17	roi	roi	NOUN
fbem-27720	151	18	1	1	NUM
fbem-27720	151	19	cons0.043	cons0.043	NOUN
fbem-27720	151	20	0.66	0.66	NUM
fbem-27720	151	21	0.508	0.508	NUM
fbem-27720	151	22	0.225	0.225	NUM
fbem-27720	151	23	reject	reject	VERB
fbem-27720	151	24	h01	h01	PROPN
fbem-27720	151	25	rdr	rdr	PROPN
fbem-27720	151	26	1.360	1.360	NUM
fbem-27720	151	27	10.27	10.27	NUM
fbem-27720	151	28	0.000	0.000	NUM
fbem-27720	151	29	2	2	NUM
fbem-27720	151	30	cons-0.006	cons-0.006	NOUN
fbem-27720	151	31	-0.09	-0.09	NUM
fbem-27720	151	32	0.926	0.926	NUM
fbem-27720	151	33	0.239	0.239	NUM
fbem-27720	151	34	rdh	rdh	NOUN
fbem-27720	151	35	0.389	0.389	NUM
fbem-27720	151	36	10.87	10.87	NUM
fbem-27720	151	37	0.000	0.000	NUM
fbem-27720	151	38	roic	roic	ADJ
fbem-27720	151	39	3	3	NUM
fbem-27720	151	40	cons0.032	cons0.032	PROPN
fbem-27720	151	41	0.39	0.39	NUM
fbem-27720	151	42	0.698	0.698	NUM
fbem-27720	151	43	0.193	0.193	NUM
fbem-27720	151	44	rdr	rdr	NOUN
fbem-27720	151	45	1.484	1.484	NUM
fbem-27720	151	46	8.96	8.96	NUM
fbem-27720	151	47	0.000	0.000	NUM
fbem-27720	151	48	4	4	NUM
fbem-27720	151	49	cons-0.017	cons-0.017	NOUN
fbem-27720	151	50	-0.21	-0.21	NUM
fbem-27720	151	51	0.837	0.837	NUM
fbem-27720	151	52	0.189	0.189	NUM
fbem-27720	151	53	rdh	rdh	NOUN
fbem-27720	151	54	0.397	0.397	NUM
fbem-27720	151	55	8.78	8.78	NUM
fbem-27720	151	56	0.000	0.000	NUM
fbem-27720	151	57	roa	roa	PROPN
fbem-27720	151	58	5	5	NUM
fbem-27720	151	59	cons-0.025	cons-0.025	NOUN
fbem-27720	151	60	-0.50	-0.50	PROPN
fbem-27720	151	61	0.615	0.615	NUM
fbem-27720	151	62	0.198	0.198	NUM
fbem-27720	151	63	rdr	rdr	NOUN
fbem-27720	151	64	1.018	1.018	NUM
fbem-27720	151	65	9.87	9.87	NUM
fbem-27720	151	66	0.000	0.000	NUM
fbem-27720	151	67	6	6	NUM
fbem-27720	151	68	cons-0.064	cons-0.064	NOUN
fbem-27720	151	69	-1.27	-1.27	NOUN
fbem-27720	151	70	0.203	0.203	NUM
fbem-27720	151	71	0.221	0.221	NUM
fbem-27720	151	72	rdh	rdh	NOUN
fbem-27720	151	73	0.300	0.300	NUM
fbem-27720	151	74	10.83	10.83	NUM
fbem-27720	151	75	0.000	0.000	NUM
fbem-27720	151	76	roe	roe	NOUN
fbem-27720	151	77	7	7	NUM
fbem-27720	151	78	cons-0.119	cons-0.119	NOUN
fbem-27720	151	79	-0.95	-0.95	NUM
fbem-27720	151	80	0.341	0.341	NUM
fbem-27720	151	81	0.187	0.187	NUM
fbem-27720	151	82	rdr	rdr	NOUN
fbem-27720	151	83	2.222	2.222	NUM
fbem-27720	151	84	8.75	8.75	NUM
fbem-27720	151	85	0.000	0.000	NUM
fbem-27720	151	86	8	8	NUM
fbem-27720	151	87	cons-0.209	cons-0.209	NOUN
fbem-27720	151	88	-1.70	-1.70	NOUN
fbem-27720	151	89	0.089	0.089	NUM
fbem-27720	151	90	0.218	0.218	NUM
fbem-27720	151	91	rdh	rdh	NOUN
fbem-27720	151	92	0.691	0.691	NUM
fbem-27720	151	93	10.17	10.17	NUM
fbem-27720	151	94	0.000	0.000	NUM
fbem-27720	151	95	dv	dv	PROPN
fbem-27720	151	96	mean	mean	PROPN
fbem-27720	151	97	dependence	dependence	NOUN
fbem-27720	151	98	variable	variable	NOUN
fbem-27720	151	99	;	;	PUNCT
fbem-27720	151	100	iv	iv	NUM
fbem-27720	151	101	mean	mean	VERB
fbem-27720	151	102	independence	independence	NOUN
fbem-27720	151	103	variable	variable	ADJ
fbem-27720	151	104	3.2	3.2	NUM
fbem-27720	151	105	.	.	PUNCT
fbem-27720	152	1	the	the	DET
fbem-27720	152	2	r&d	r&d	NOUN
fbem-27720	152	3	investment	investment	NOUN
fbem-27720	152	4	of	of	ADP
fbem-27720	152	5	chinese	chinese	ADJ
fbem-27720	152	6	listed	list	VERB
fbem-27720	152	7	nev	nev	PROPN
fbem-27720	152	8	enterprises	enterprise	NOUN
fbem-27720	152	9	has	have	VERB
fbem-27720	152	10	significant	significant	ADJ
fbem-27720	152	11	effect	effect	NOUN
fbem-27720	152	12	on	on	ADP
fbem-27720	152	13	r&d	r&d	NOUN
fbem-27720	152	14	output	output	NOUN
fbem-27720	152	15	3.2.1	3.2.1	NUM
fbem-27720	152	16	.	.	PUNCT
fbem-27720	153	1	descriptive	descriptive	ADJ
fbem-27720	153	2	statistics	statistic	NOUN
fbem-27720	153	3	on	on	ADP
fbem-27720	153	4	r&d	r&d	NOUN
fbem-27720	153	5	investment	investment	NOUN
fbem-27720	153	6	and	and	CCONJ
fbem-27720	153	7	r&d	r&d	NOUN
fbem-27720	153	8	output	output	NOUN
fbem-27720	153	9	when	when	SCONJ
fbem-27720	153	10	conducting	conduct	VERB
fbem-27720	153	11	descriptive	descriptive	ADJ
fbem-27720	153	12	statistical	statistical	ADJ
fbem-27720	153	13	analysis	analysis	NOUN
fbem-27720	153	14	on	on	ADP
fbem-27720	153	15	rdr	rdr	NOUN
fbem-27720	153	16	,	,	PUNCT
fbem-27720	153	17	rdh	rdh	PROPN
fbem-27720	153	18	,	,	PUNCT
fbem-27720	153	19	patents	patent	NOUN
fbem-27720	153	20	,	,	PUNCT
fbem-27720	153	21	and	and	CCONJ
fbem-27720	153	22	nia	nia	PROPN
fbem-27720	153	23	in	in	ADP
fbem-27720	153	24	chinese	chinese	PROPN
fbem-27720	153	25	nev	nev	PROPN
fbem-27720	153	26	companies	company	NOUN
fbem-27720	153	27	,	,	PUNCT
fbem-27720	153	28	this	this	DET
fbem-27720	153	29	study	study	NOUN
fbem-27720	153	30	observed	observe	VERB
fbem-27720	153	31	two	two	NUM
fbem-27720	153	32	key	key	ADJ
fbem-27720	153	33	indicators	indicator	NOUN
fbem-27720	153	34	in	in	ADP
fbem-27720	153	35	table	table	NOUN
fbem-27720	153	36	6	6	NUM
fbem-27720	153	37	:	:	PUNCT
fbem-27720	153	38	patents	patent	NOUN
fbem-27720	153	39	and	and	CCONJ
fbem-27720	153	40	nia	nia	PROPN
fbem-27720	153	41	.	.	PROPN
fbem-27720	153	42	table	table	NOUN
fbem-27720	153	43	5	5	NUM
fbem-27720	153	44	's	's	PART
fbem-27720	153	45	data	datum	NOUN
fbem-27720	153	46	reveals	reveal	VERB
fbem-27720	153	47	that	that	SCONJ
fbem-27720	153	48	both	both	DET
fbem-27720	153	49	indicators	indicator	NOUN
fbem-27720	153	50	have	have	AUX
fbem-27720	153	51	observed	observe	VERB
fbem-27720	153	52	values	value	NOUN
fbem-27720	153	53	of	of	ADP
fbem-27720	153	54	617	617	NUM
fbem-27720	153	55	,	,	PUNCT
fbem-27720	153	56	which	which	PRON
fbem-27720	153	57	suggests	suggest	VERB
fbem-27720	153	58	a	a	DET
fbem-27720	153	59	large	large	ADJ
fbem-27720	153	60	sample	sample	NOUN
fbem-27720	153	61	size	size	NOUN
fbem-27720	153	62	and	and	CCONJ
fbem-27720	153	63	excellent	excellent	ADJ
fbem-27720	153	64	representativeness	representativeness	NOUN
fbem-27720	153	65	of	of	ADP
fbem-27720	153	66	the	the	DET
fbem-27720	153	67	results	result	NOUN
fbem-27720	153	68	.	.	PUNCT
fbem-27720	154	1	the	the	DET
fbem-27720	154	2	mean	mean	ADJ
fbem-27720	154	3	values	value	NOUN
fbem-27720	154	4	of	of	ADP
fbem-27720	154	5	patents	patent	NOUN
fbem-27720	154	6	and	and	CCONJ
fbem-27720	154	7	nia	nia	PROPN
fbem-27720	154	8	are	be	AUX
fbem-27720	154	9	4.676	4.676	NUM
fbem-27720	154	10	and	and	CCONJ
fbem-27720	154	11	20.114	20.114	NUM
fbem-27720	154	12	.	.	PUNCT
fbem-27720	155	1	however	however	ADV
fbem-27720	155	2	,	,	PUNCT
fbem-27720	155	3	1.457	1.457	NUM
fbem-27720	155	4	is	be	AUX
fbem-27720	155	5	the	the	DET
fbem-27720	155	6	sd	sd	NOUN
fbem-27720	155	7	value	value	NOUN
fbem-27720	155	8	;	;	PUNCT
fbem-27720	155	9	the	the	DET
fbem-27720	155	10	fluctuation	fluctuation	NOUN
fbem-27720	155	11	of	of	ADP
fbem-27720	155	12	net	net	ADJ
fbem-27720	155	13	intangible	intangible	ADJ
fbem-27720	155	14	assets	asset	NOUN
fbem-27720	155	15	is	be	AUX
fbem-27720	155	16	relatively	relatively	ADV
fbem-27720	155	17	small	small	ADJ
fbem-27720	155	18	,	,	PUNCT
fbem-27720	155	19	which	which	PRON
fbem-27720	155	20	means	mean	VERB
fbem-27720	155	21	that	that	SCONJ
fbem-27720	155	22	the	the	DET
fbem-27720	155	23	intangible	intangible	ADJ
fbem-27720	155	24	asset	asset	NOUN
fbem-27720	155	25	data	datum	NOUN
fbem-27720	155	26	of	of	ADP
fbem-27720	155	27	enterprises	enterprise	NOUN
fbem-27720	155	28	is	be	AUX
fbem-27720	155	29	relatively	relatively	ADV
fbem-27720	155	30	concentrated	concentrated	ADJ
fbem-27720	155	31	and	and	CCONJ
fbem-27720	155	32	does	do	AUX
fbem-27720	155	33	not	not	PART
fbem-27720	155	34	very	very	ADV
fbem-27720	155	35	much	much	ADV
fbem-27720	155	36	.	.	PUNCT
fbem-27720	156	1	table	table	NOUN
fbem-27720	156	2	5	5	NUM
fbem-27720	156	3	.	.	PUNCT
fbem-27720	156	4	descriptive	descriptive	ADJ
fbem-27720	156	5	statistics	statistic	NOUN
fbem-27720	156	6	on	on	ADP
fbem-27720	156	7	r&d	r&d	NOUN
fbem-27720	156	8	investment	investment	NOUN
fbem-27720	156	9	and	and	CCONJ
fbem-27720	156	10	financial	financial	ADJ
fbem-27720	156	11	performance	performance	NOUN
fbem-27720	156	12	variable	variable	NOUN
fbem-27720	156	13	obs	obs	PROPN
fbem-27720	156	14	mean	mean	VERB
fbem-27720	156	15	sd	sd	ADP
fbem-27720	156	16	min	min	PROPN
fbem-27720	156	17	max	max	PROPN
fbem-27720	156	18	interpretation	interpretation	PROPN
fbem-27720	156	19	patent	patent	NOUN
fbem-27720	157	1	617	617	NUM
fbem-27720	157	2	4.676	4.676	NUM
fbem-27720	157	3	1.622	1.622	NUM
fbem-27720	157	4	0.000	0.000	NUM
fbem-27720	157	5	7.971	7.971	NUM
fbem-27720	157	6	positive	positive	ADJ
fbem-27720	157	7	nia	nia	NOUN
fbem-27720	157	8	617	617	NUM
fbem-27720	157	9	20.114	20.114	NUM
fbem-27720	157	10	1.457	1.457	NUM
fbem-27720	157	11	16.816	16.816	NUM
fbem-27720	157	12	23.563	23.563	NUM
fbem-27720	157	13	positive	positive	ADJ
fbem-27720	157	14	table	table	NOUN
fbem-27720	157	15	5	5	NUM
fbem-27720	157	16	shows	show	VERB
fbem-27720	157	17	some	some	DET
fbem-27720	157	18	fluctuations	fluctuation	NOUN
fbem-27720	157	19	in	in	ADP
fbem-27720	157	20	the	the	DET
fbem-27720	157	21	number	number	NOUN
fbem-27720	157	22	of	of	ADP
fbem-27720	157	23	patents	patent	NOUN
fbem-27720	157	24	and	and	CCONJ
fbem-27720	157	25	intangible	intangible	ADJ
fbem-27720	157	26	assets	asset	NOUN
fbem-27720	157	27	for	for	ADP
fbem-27720	157	28	enterprises	enterprise	NOUN
fbem-27720	157	29	,	,	PUNCT
fbem-27720	157	30	but	but	CCONJ
fbem-27720	157	31	the	the	DET
fbem-27720	157	32	overall	overall	ADJ
fbem-27720	157	33	trend	trend	NOUN
fbem-27720	157	34	is	be	AUX
fbem-27720	157	35	positive	positive	ADJ
fbem-27720	157	36	,	,	PUNCT
fbem-27720	157	37	indicating	indicate	VERB
fbem-27720	157	38	that	that	SCONJ
fbem-27720	157	39	innovative	innovative	ADJ
fbem-27720	157	40	activity	activity	NOUN
fbem-27720	157	41	impacts	impact	VERB
fbem-27720	157	42	the	the	DET
fbem-27720	157	43	innovation	innovation	NOUN
fbem-27720	157	44	achievements	achievement	NOUN
fbem-27720	157	45	(	(	PUNCT
fbem-27720	157	46	patents	patent	NOUN
fbem-27720	157	47	)	)	PUNCT
fbem-27720	157	48	and	and	CCONJ
fbem-27720	157	49	net	net	ADJ
fbem-27720	157	50	intangible	intangible	ADJ
fbem-27720	157	51	assets	asset	NOUN
fbem-27720	157	52	(	(	PUNCT
fbem-27720	157	53	nia	nia	NOUN
fbem-27720	157	54	)	)	PUNCT
fbem-27720	157	55	of	of	ADP
fbem-27720	157	56	enterprises	enterprise	NOUN
fbem-27720	157	57	.	.	PUNCT
fbem-27720	158	1	this	this	DET
fbem-27720	158	2	variability	variability	NOUN
fbem-27720	158	3	underscores	underscore	VERB
fbem-27720	158	4	the	the	DET
fbem-27720	158	5	heterogeneity	heterogeneity	NOUN
fbem-27720	158	6	in	in	ADP
fbem-27720	158	7	innovation	innovation	NOUN
fbem-27720	158	8	capabilities	capability	NOUN
fbem-27720	158	9	across	across	ADP
fbem-27720	158	10	firms	firm	NOUN
fbem-27720	158	11	,	,	PUNCT
fbem-27720	158	12	aligning	align	VERB
fbem-27720	158	13	with	with	ADP
fbem-27720	158	14	findings	finding	NOUN
fbem-27720	158	15	from	from	ADP
fbem-27720	158	16	prior	prior	ADJ
fbem-27720	158	17	research	research	NOUN
fbem-27720	158	18	that	that	PRON
fbem-27720	158	19	emphasize	emphasize	VERB
fbem-27720	158	20	the	the	DET
fbem-27720	158	21	diversity	diversity	NOUN
fbem-27720	158	22	in	in	ADP
fbem-27720	158	23	r&d	r&d	NOUN
fbem-27720	158	24	outcomes	outcome	NOUN
fbem-27720	158	25	(	(	PUNCT
fbem-27720	158	26	lei	lei	X
fbem-27720	158	27	et	et	PROPN
fbem-27720	158	28	al	al	PROPN
fbem-27720	158	29	.	.	PROPN
fbem-27720	158	30	,	,	PUNCT
fbem-27720	158	31	2022	2022	NUM
fbem-27720	158	32	)	)	PUNCT
fbem-27720	158	33	.	.	PUNCT
fbem-27720	159	1	this	this	DET
fbem-27720	159	2	study	study	NOUN
fbem-27720	159	3	will	will	AUX
fbem-27720	159	4	discuss	discuss	VERB
fbem-27720	159	5	the	the	DET
fbem-27720	159	6	relevance	relevance	NOUN
fbem-27720	159	7	of	of	ADP
fbem-27720	159	8	analysis	analysis	NOUN
fbem-27720	159	9	in	in	ADP
fbem-27720	159	10	more	more	ADJ
fbem-27720	159	11	detail	detail	NOUN
fbem-27720	159	12	below	below	ADV
fbem-27720	159	13	.	.	PUNCT
fbem-27720	160	1	3.2.2	3.2.2	NUM
fbem-27720	160	2	.	.	PUNCT
fbem-27720	161	1	correlation	correlation	NOUN
fbem-27720	161	2	analysis	analysis	NOUN
fbem-27720	161	3	on	on	ADP
fbem-27720	161	4	r&d	r&d	NOUN
fbem-27720	161	5	investment	investment	NOUN
fbem-27720	161	6	and	and	CCONJ
fbem-27720	161	7	r&d	r&d	NOUN
fbem-27720	161	8	output	output	NOUN
fbem-27720	161	9	the	the	DET
fbem-27720	161	10	correlation	correlation	NOUN
fbem-27720	161	11	analysis	analysis	NOUN
fbem-27720	161	12	in	in	ADP
fbem-27720	161	13	rdr	rdr	PROPN
fbem-27720	161	14	,	,	PUNCT
fbem-27720	161	15	rdh	rdh	PROPN
fbem-27720	161	16	,	,	PUNCT
fbem-27720	161	17	patent	patent	NOUN
fbem-27720	161	18	,	,	PUNCT
fbem-27720	161	19	and	and	CCONJ
fbem-27720	161	20	nia	nia	PROPN
fbem-27720	161	21	clearly	clearly	ADV
fbem-27720	161	22	shows	show	VERB
fbem-27720	161	23	that	that	SCONJ
fbem-27720	161	24	rdr	rdr	PROPN
fbem-27720	161	25	and	and	CCONJ
fbem-27720	161	26	rdh	rdh	NOUN
fbem-27720	161	27	have	have	VERB
fbem-27720	161	28	a	a	DET
fbem-27720	161	29	significant	significant	ADJ
fbem-27720	161	30	impact	impact	NOUN
fbem-27720	161	31	on	on	ADP
fbem-27720	161	32	patent	patent	NOUN
fbem-27720	161	33	and	and	CCONJ
fbem-27720	161	34	nia	nia	NOUN
fbem-27720	161	35	in	in	ADP
fbem-27720	161	36	table	table	NOUN
fbem-27720	161	37	6	6	NUM
fbem-27720	161	38	.	.	PUNCT
fbem-27720	161	39	table	table	NOUN
fbem-27720	161	40	6	6	NUM
fbem-27720	161	41	.	.	PUNCT
fbem-27720	162	1	correlation	correlation	NOUN
fbem-27720	162	2	analysis	analysis	NOUN
fbem-27720	162	3	on	on	ADP
fbem-27720	162	4	r&d	r&d	NOUN
fbem-27720	162	5	investment	investment	NOUN
fbem-27720	162	6	and	and	CCONJ
fbem-27720	162	7	and	and	CCONJ
fbem-27720	162	8	r&d	r&d	NOUN
fbem-27720	162	9	output	output	NOUN
fbem-27720	162	10	correlation	correlation	NOUN
fbem-27720	162	11	between	between	ADP
fbem-27720	162	12	variable	variable	ADJ
fbem-27720	162	13	pearson	pearson	NOUN
fbem-27720	162	14	correlated	correlate	VERB
fbem-27720	162	15	coefficient	coefficient	PROPN
fbem-27720	162	16	interpretation	interpretation	NOUN
fbem-27720	162	17	rdr	rdr	PROPN
fbem-27720	162	18	patent	patent	NOUN
fbem-27720	162	19	0.358	0.358	NUM
fbem-27720	162	20	*	*	PUNCT
fbem-27720	162	21	*	*	PUNCT
fbem-27720	162	22	*	*	PUNCT
fbem-27720	162	23	significant	significant	ADJ
fbem-27720	162	24	rdh	rdh	NOUN
fbem-27720	162	25	0.363	0.363	NUM
fbem-27720	162	26	*	*	PUNCT
fbem-27720	162	27	*	*	PUNCT
fbem-27720	162	28	*	*	PUNCT
fbem-27720	162	29	significant	significant	ADJ
fbem-27720	162	30	rdr	rdr	PROPN
fbem-27720	162	31	nia	nia	NOUN
fbem-27720	163	1	0.339	0.339	NUM
fbem-27720	163	2	*	*	PUNCT
fbem-27720	163	3	*	*	PUNCT
fbem-27720	163	4	*	*	PUNCT
fbem-27720	163	5	significant	significant	ADJ
fbem-27720	163	6	rdh	rdh	NOUN
fbem-27720	163	7	0.395	0.395	NUM
fbem-27720	163	8	*	*	PUNCT
fbem-27720	163	9	*	*	PUNCT
fbem-27720	163	10	*	*	PUNCT
fbem-27720	163	11	significant	significant	ADJ
fbem-27720	164	1	*	*	PUNCT
fbem-27720	164	2	*	*	PUNCT
fbem-27720	164	3	*	*	PUNCT
fbem-27720	164	4	indicates	indicate	VERB
fbem-27720	164	5	significant	significant	ADJ
fbem-27720	164	6	at	at	ADP
fbem-27720	164	7	the	the	DET
fbem-27720	164	8	1	1	NUM
fbem-27720	164	9	%	%	NOUN
fbem-27720	164	10	level	level	NOUN
fbem-27720	164	11	*	*	PUNCT
fbem-27720	165	1	*	*	PUNCT
fbem-27720	165	2	indicates	indicate	VERB
fbem-27720	165	3	significant	significant	ADJ
fbem-27720	165	4	at	at	ADP
fbem-27720	165	5	the	the	DET
fbem-27720	165	6	5	5	NUM
fbem-27720	165	7	%	%	NOUN
fbem-27720	165	8	level	level	NOUN
fbem-27720	165	9	*	*	PUNCT
fbem-27720	165	10	indicates	indicate	VERB
fbem-27720	165	11	significant	significant	ADJ
fbem-27720	165	12	at	at	ADP
fbem-27720	165	13	the	the	DET
fbem-27720	165	14	10	10	NUM
fbem-27720	165	15	%	%	NOUN
fbem-27720	165	16	level	level	NOUN
fbem-27720	165	17	the	the	DET
fbem-27720	165	18	pearson	pearson	NOUN
fbem-27720	165	19	correlated	correlate	VERB
fbem-27720	165	20	coefficient	coefficient	NOUN
fbem-27720	165	21	is	be	AUX
fbem-27720	165	22	one	one	NUM
fbem-27720	165	23	of	of	ADP
fbem-27720	165	24	the	the	DET
fbem-27720	165	25	evaluated	evaluate	VERB
fbem-27720	165	26	factors	factor	NOUN
fbem-27720	165	27	in	in	ADP
fbem-27720	165	28	table	table	NOUN
fbem-27720	165	29	6	6	NUM
fbem-27720	165	30	,	,	PUNCT
fbem-27720	165	31	covering	cover	VERB
fbem-27720	165	32	variables	variable	NOUN
fbem-27720	165	33	such	such	ADJ
fbem-27720	165	34	as	as	ADP
fbem-27720	165	35	rdr	rdr	NOUN
fbem-27720	165	36	,	,	PUNCT
fbem-27720	165	37	rdh	rdh	PROPN
fbem-27720	165	38	,	,	PUNCT
fbem-27720	165	39	patents	patent	NOUN
fbem-27720	165	40	,	,	PUNCT
fbem-27720	165	41	and	and	CCONJ
fbem-27720	165	42	nia	nia	PROPN
fbem-27720	165	43	.	.	PUNCT
fbem-27720	166	1	this	this	DET
fbem-27720	166	2	study	study	NOUN
fbem-27720	166	3	confirms	confirm	VERB
fbem-27720	166	4	what	what	PRON
fbem-27720	166	5	other	other	ADJ
fbem-27720	166	6	research	research	NOUN
fbem-27720	166	7	has	have	AUX
fbem-27720	166	8	found	find	VERB
fbem-27720	166	9	:	:	PUNCT
fbem-27720	166	10	that	that	SCONJ
fbem-27720	166	11	investing	invest	VERB
fbem-27720	166	12	in	in	ADP
fbem-27720	166	13	r&d	r&d	NOUN
fbem-27720	166	14	leads	lead	VERB
fbem-27720	166	15	to	to	ADP
fbem-27720	166	16	more	more	ADJ
fbem-27720	166	17	innovation	innovation	NOUN
fbem-27720	166	18	(	(	PUNCT
fbem-27720	166	19	chen	chen	PROPN
fbem-27720	166	20	et	et	PROPN
fbem-27720	166	21	al	al	PROPN
fbem-27720	166	22	.	.	PROPN
fbem-27720	166	23	,	,	PUNCT
fbem-27720	166	24	2023	2023	NUM
fbem-27720	166	25	)	)	PUNCT
fbem-27720	166	26	by	by	ADP
fbem-27720	166	27	showing	show	VERB
fbem-27720	166	28	that	that	SCONJ
fbem-27720	166	29	there	there	PRON
fbem-27720	166	30	is	be	VERB
fbem-27720	166	31	a	a	DET
fbem-27720	166	32	strong	strong	ADJ
fbem-27720	166	33	link	link	NOUN
fbem-27720	166	34	between	between	ADP
fbem-27720	166	35	rd	rd	PROPN
fbem-27720	166	36	,	,	PUNCT
fbem-27720	166	37	rdh	rdh	PROPN
fbem-27720	166	38	,	,	PUNCT
fbem-27720	166	39	patents	patent	NOUN
fbem-27720	166	40	,	,	PUNCT
fbem-27720	166	41	and	and	CCONJ
fbem-27720	166	42	nia	nia	PROPN
fbem-27720	166	43	.	.	PUNCT
fbem-27720	167	1	most	most	ADJ
fbem-27720	167	2	of	of	ADP
fbem-27720	167	3	these	these	DET
fbem-27720	167	4	links	link	NOUN
fbem-27720	167	5	are	be	AUX
fbem-27720	167	6	significant	significant	ADJ
fbem-27720	167	7	at	at	ADP
fbem-27720	167	8	the	the	DET
fbem-27720	167	9	1	1	NUM
fbem-27720	167	10	%	%	NOUN
fbem-27720	167	11	level	level	NOUN
fbem-27720	167	12	(	(	PUNCT
fbem-27720	167	13	marked	mark	VERB
fbem-27720	167	14	as	as	ADP
fbem-27720	167	15	*	*	NOUN
fbem-27720	167	16	*	*	PUNCT
fbem-27720	167	17	*	*	NOUN
fbem-27720	167	18	)	)	PUNCT
fbem-27720	167	19	.	.	PUNCT
fbem-27720	168	1	3.2.3	3.2.3	X
fbem-27720	168	2	.	.	X
fbem-27720	168	3	multicollinearity	multicollinearity	NOUN
fbem-27720	168	4	test	test	NOUN
fbem-27720	168	5	on	on	ADP
fbem-27720	168	6	r&d	r&d	NOUN
fbem-27720	168	7	investment	investment	NOUN
fbem-27720	168	8	and	and	CCONJ
fbem-27720	168	9	r&d	r&d	NOUN
fbem-27720	168	10	output	output	NOUN
fbem-27720	168	11	table	table	NOUN
fbem-27720	168	12	7	7	NUM
fbem-27720	168	13	.	.	PUNCT
fbem-27720	168	14	multicollinearity	multicollinearity	NOUN
fbem-27720	168	15	test	test	NOUN
fbem-27720	168	16	on	on	ADP
fbem-27720	168	17	r&d	r&d	NOUN
fbem-27720	168	18	investment	investment	NOUN
fbem-27720	168	19	and	and	CCONJ
fbem-27720	168	20	r&d	r&d	NOUN
fbem-27720	168	21	output	output	NOUN
fbem-27720	168	22	variable	variable	ADJ
fbem-27720	168	23	vif	vif	NOUN
fbem-27720	168	24	1	1	NUM
fbem-27720	168	25	/	/	SYM
fbem-27720	168	26	vif	vif	NOUN
fbem-27720	168	27	lev	lev	NOUN
fbem-27720	168	28	1.44	1.44	NUM
fbem-27720	168	29	0.693716	0.693716	NUM
fbem-27720	168	30	tq	tq	ADP
fbem-27720	168	31	1.32	1.32	NUM
fbem-27720	168	32	0.757234	0.757234	NUM
fbem-27720	168	33	listage	listage	NOUN
fbem-27720	168	34	1.22	1.22	NUM
fbem-27720	168	35	0.819914	0.819914	NUM
fbem-27720	168	36	loss	loss	NOUN
fbem-27720	168	37	1.18	1.18	NUM
fbem-27720	168	38	0.849678	0.849678	NUM
fbem-27720	168	39	cash	cash	NOUN
fbem-27720	168	40	1.16	1.16	NUM
fbem-27720	168	41	0.862691	0.862691	NUM
fbem-27720	168	42	growth	growth	NOUN
fbem-27720	168	43	1.14	1.14	NUM
fbem-27720	168	44	0.880773	0.880773	NUM
fbem-27720	168	45	rdr	rdr	NOUN
fbem-27720	168	46	1.10	1.10	NUM
fbem-27720	168	47	0.910865	0.910865	NUM
fbem-27720	168	48	rdh	rdh	NOUN
fbem-27720	168	49	1.09	1.09	NUM
fbem-27720	168	50	0.918331	0.918331	NUM
fbem-27720	168	51	dual	dual	ADJ
fbem-27720	168	52	1.08	1.08	NUM
fbem-27720	168	53	0.925837	0.925837	NUM
fbem-27720	168	54	top5	top5	NOUN
fbem-27720	168	55	1.08	1.08	NUM
fbem-27720	168	56	0.926371	0.926371	NUM
fbem-27720	168	57	indep	indep	NOUN
fbem-27720	168	58	1.06	1.06	NUM
fbem-27720	168	59	0.941706	0.941706	NUM
fbem-27720	168	60	big4	big4	NOUN
fbem-27720	168	61	1.03	1.03	NUM
fbem-27720	168	62	0.972324	0.972324	NUM
fbem-27720	168	63	mean	mean	NOUN
fbem-27720	168	64	vif	vif	NOUN
fbem-27720	168	65	1.16	1.16	NUM
fbem-27720	168	66	it	it	PRON
fbem-27720	168	67	is	be	AUX
fbem-27720	168	68	crucial	crucial	ADJ
fbem-27720	168	69	to	to	PART
fbem-27720	168	70	detect	detect	VERB
fbem-27720	168	71	potential	potential	ADJ
fbem-27720	168	72	multicollinearity	multicollinearity	NOUN
fbem-27720	168	73	issues	issue	NOUN
fbem-27720	168	74	before	before	ADP
fbem-27720	168	75	conducting	conduct	VERB
fbem-27720	168	76	regression	regression	NOUN
fbem-27720	168	77	analysis	analysis	NOUN
fbem-27720	168	78	.	.	PUNCT
fbem-27720	169	1	in	in	ADP
fbem-27720	169	2	this	this	DET
fbem-27720	169	3	study	study	NOUN
fbem-27720	169	4	,	,	PUNCT
fbem-27720	169	5	the	the	DET
fbem-27720	169	6	largest	large	ADJ
fbem-27720	169	7	variance	variance	NOUN
fbem-27720	169	8	inflation	inflation	NOUN
fbem-27720	169	9	factor	factor	NOUN
fbem-27720	169	10	(	(	PUNCT
fbem-27720	169	11	vif	vif	NOUN
fbem-27720	169	12	)	)	PUNCT
fbem-27720	169	13	is	be	AUX
fbem-27720	169	14	1.44	1.44	NUM
fbem-27720	169	15	,	,	PUNCT
fbem-27720	169	16	with	with	ADP
fbem-27720	169	17	each	each	DET
fbem-27720	169	18	vif	vif	NOUN
fbem-27720	169	19	395	395	NUM
fbem-27720	169	20	being	be	AUX
fbem-27720	169	21	significantly	significantly	ADV
fbem-27720	169	22	lower	low	ADJ
fbem-27720	169	23	than	than	ADP
fbem-27720	169	24	10	10	NUM
fbem-27720	169	25	.	.	PUNCT
fbem-27720	170	1	in	in	ADP
fbem-27720	170	2	this	this	DET
fbem-27720	170	3	case	case	NOUN
fbem-27720	170	4	,	,	PUNCT
fbem-27720	170	5	the	the	DET
fbem-27720	170	6	multicollinearity	multicollinearity	NOUN
fbem-27720	170	7	of	of	ADP
fbem-27720	170	8	sop	sop	PROPN
fbem-27720	170	9	2	2	NUM
fbem-27720	170	10	does	do	AUX
fbem-27720	170	11	not	not	PART
fbem-27720	170	12	pose	pose	VERB
fbem-27720	170	13	any	any	DET
fbem-27720	170	14	issues	issue	NOUN
fbem-27720	170	15	.	.	PUNCT
fbem-27720	171	1	specifically	specifically	ADV
fbem-27720	171	2	,	,	PUNCT
fbem-27720	171	3	the	the	DET
fbem-27720	171	4	vif	vif	NOUN
fbem-27720	171	5	value	value	NOUN
fbem-27720	171	6	ranges	range	VERB
fbem-27720	171	7	between	between	ADP
fbem-27720	171	8	1.03	1.03	NUM
fbem-27720	171	9	and	and	CCONJ
fbem-27720	171	10	1.44	1.44	NUM
fbem-27720	171	11	,	,	PUNCT
fbem-27720	171	12	far	far	ADV
fbem-27720	171	13	below	below	ADP
fbem-27720	171	14	the	the	DET
fbem-27720	171	15	general	general	ADJ
fbem-27720	171	16	warning	warning	NOUN
fbem-27720	171	17	line	line	NOUN
fbem-27720	171	18	of	of	ADP
fbem-27720	171	19	8	8	NUM
fbem-27720	171	20	,	,	PUNCT
fbem-27720	171	21	indicating	indicate	VERB
fbem-27720	171	22	that	that	SCONJ
fbem-27720	171	23	all	all	DET
fbem-27720	171	24	variables	variable	NOUN
fbem-27720	171	25	are	be	AUX
fbem-27720	171	26	suitable	suitable	ADJ
fbem-27720	171	27	for	for	ADP
fbem-27720	171	28	subsequent	subsequent	ADJ
fbem-27720	171	29	regression	regression	NOUN
fbem-27720	171	30	analysis	analysis	NOUN
fbem-27720	171	31	.	.	PUNCT
fbem-27720	172	1	this	this	DET
fbem-27720	172	2	finding	finding	NOUN
fbem-27720	172	3	is	be	AUX
fbem-27720	172	4	crucial	crucial	ADJ
fbem-27720	172	5	for	for	ADP
fbem-27720	172	6	the	the	DET
fbem-27720	172	7	regression	regression	NOUN
fbem-27720	172	8	analysis	analysis	NOUN
fbem-27720	172	9	,	,	PUNCT
fbem-27720	172	10	as	as	SCONJ
fbem-27720	172	11	it	it	PRON
fbem-27720	172	12	ensures	ensure	VERB
fbem-27720	172	13	that	that	SCONJ
fbem-27720	172	14	each	each	DET
fbem-27720	172	15	independent	independent	ADJ
fbem-27720	172	16	variable	variable	NOUN
fbem-27720	172	17	can	can	AUX
fbem-27720	172	18	be	be	AUX
fbem-27720	172	19	accurately	accurately	ADV
fbem-27720	172	20	assessed	assess	VERB
fbem-27720	172	21	for	for	ADP
fbem-27720	172	22	its	its	PRON
fbem-27720	172	23	unique	unique	ADJ
fbem-27720	172	24	impact	impact	NOUN
fbem-27720	172	25	on	on	ADP
fbem-27720	172	26	the	the	DET
fbem-27720	172	27	dependent	dependent	ADJ
fbem-27720	172	28	variables	variable	NOUN
fbem-27720	172	29	,	,	PUNCT
fbem-27720	172	30	consistent	consistent	ADJ
fbem-27720	172	31	with	with	ADP
fbem-27720	172	32	the	the	DET
fbem-27720	172	33	methodological	methodological	ADJ
fbem-27720	172	34	rigor	rigor	NOUN
fbem-27720	172	35	emphasized	emphasize	VERB
fbem-27720	172	36	in	in	ADP
fbem-27720	172	37	the	the	DET
fbem-27720	172	38	statistical	statistical	ADJ
fbem-27720	172	39	literature	literature	NOUN
fbem-27720	172	40	(	(	PUNCT
fbem-27720	172	41	qian	qian	PROPN
fbem-27720	172	42	,	,	PUNCT
fbem-27720	172	43	y.	y.	NOUN
fbem-27720	172	44	,	,	PUNCT
fbem-27720	172	45	2021	2021	NUM
fbem-27720	172	46	)	)	PUNCT
fbem-27720	172	47	.	.	PUNCT
fbem-27720	173	1	3.2.4	3.2.4	X
fbem-27720	173	2	.	.	PUNCT
fbem-27720	173	3	model	model	NOUN
fbem-27720	173	4	validation	validation	NOUN
fbem-27720	173	5	on	on	ADP
fbem-27720	173	6	r&d	r&d	NOUN
fbem-27720	173	7	investment	investment	NOUN
fbem-27720	173	8	and	and	CCONJ
fbem-27720	173	9	r&d	r&d	NOUN
fbem-27720	173	10	output	output	NOUN
fbem-27720	173	11	the	the	DET
fbem-27720	173	12	results	result	NOUN
fbem-27720	173	13	of	of	ADP
fbem-27720	173	14	the	the	DET
fbem-27720	173	15	previously	previously	ADV
fbem-27720	173	16	conducted	conduct	VERB
fbem-27720	173	17	f	f	NOUN
fbem-27720	173	18	-	-	PUNCT
fbem-27720	173	19	test	test	NOUN
fbem-27720	173	20	will	will	AUX
fbem-27720	173	21	guide	guide	VERB
fbem-27720	173	22	the	the	DET
fbem-27720	173	23	construction	construction	NOUN
fbem-27720	173	24	of	of	ADP
fbem-27720	173	25	a	a	DET
fbem-27720	173	26	fixed	fix	VERB
fbem-27720	173	27	effects	effect	NOUN
fbem-27720	173	28	model	model	NOUN
fbem-27720	173	29	.	.	PUNCT
fbem-27720	174	1	3.2.5	3.2.5	X
fbem-27720	174	2	.	.	PUNCT
fbem-27720	175	1	regression	regression	NOUN
fbem-27720	175	2	results	result	NOUN
fbem-27720	175	3	on	on	ADP
fbem-27720	175	4	r&d	r&d	NOUN
fbem-27720	175	5	investment	investment	NOUN
fbem-27720	175	6	and	and	CCONJ
fbem-27720	175	7	r&d	r&d	NOUN
fbem-27720	175	8	output	output	NOUN
fbem-27720	175	9	table	table	NOUN
fbem-27720	175	10	8	8	NUM
fbem-27720	175	11	contains	contain	VERB
fbem-27720	175	12	the	the	DET
fbem-27720	175	13	answer	answer	NOUN
fbem-27720	175	14	to	to	ADP
fbem-27720	175	15	sop	sop	PROPN
fbem-27720	175	16	2	2	NUM
fbem-27720	175	17	.	.	PUNCT
fbem-27720	175	18	as	as	SCONJ
fbem-27720	175	19	shown	show	VERB
fbem-27720	175	20	in	in	ADP
fbem-27720	175	21	table	table	NOUN
fbem-27720	175	22	8	8	NUM
fbem-27720	175	23	,	,	PUNCT
fbem-27720	175	24	the	the	DET
fbem-27720	175	25	p	p	ADJ
fbem-27720	175	26	values	value	NOUN
fbem-27720	175	27	of	of	ADP
fbem-27720	175	28	rdr	rdr	PROPN
fbem-27720	175	29	,	,	PUNCT
fbem-27720	175	30	rdh	rdh	PROPN
fbem-27720	175	31	,	,	PUNCT
fbem-27720	175	32	patent	patent	NOUN
fbem-27720	175	33	,	,	PUNCT
fbem-27720	175	34	and	and	CCONJ
fbem-27720	175	35	nia	nia	PROPN
fbem-27720	175	36	are	be	AUX
fbem-27720	175	37	less	less	ADJ
fbem-27720	175	38	than	than	ADP
fbem-27720	175	39	1	1	NUM
fbem-27720	175	40	%	%	NOUN
fbem-27720	175	41	,	,	PUNCT
fbem-27720	175	42	which	which	PRON
fbem-27720	175	43	is	be	AUX
fbem-27720	175	44	significantly	significantly	ADV
fbem-27720	175	45	positive	positive	ADJ
fbem-27720	175	46	.	.	PUNCT
fbem-27720	176	1	the	the	DET
fbem-27720	176	2	coefficients	coefficient	NOUN
fbem-27720	176	3	of	of	ADP
fbem-27720	176	4	rdr	rdr	NOUN
fbem-27720	176	5	for	for	ADP
fbem-27720	176	6	patent	patent	NOUN
fbem-27720	176	7	and	and	CCONJ
fbem-27720	176	8	nia	nia	PROPN
fbem-27720	176	9	are	be	AUX
fbem-27720	176	10	23.583	23.583	NUM
fbem-27720	176	11	and	and	CCONJ
fbem-27720	176	12	17.881	17.881	NUM
fbem-27720	176	13	,	,	PUNCT
fbem-27720	176	14	respectively	respectively	ADV
fbem-27720	176	15	.	.	PUNCT
fbem-27720	177	1	the	the	DET
fbem-27720	177	2	regression	regression	NOUN
fbem-27720	177	3	coefficients	coefficient	NOUN
fbem-27720	177	4	of	of	ADP
fbem-27720	177	5	rdh	rdh	NOUN
fbem-27720	177	6	for	for	ADP
fbem-27720	177	7	patent	patent	NOUN
fbem-27720	177	8	and	and	CCONJ
fbem-27720	177	9	nia	nia	NOUN
fbem-27720	177	10	were	be	AUX
fbem-27720	177	11	6.281	6.281	NUM
fbem-27720	177	12	and	and	CCONJ
fbem-27720	177	13	5.457	5.457	NUM
fbem-27720	177	14	,	,	PUNCT
fbem-27720	177	15	respectively	respectively	ADV
fbem-27720	177	16	.	.	PUNCT
fbem-27720	178	1	this	this	PRON
fbem-27720	178	2	indicates	indicate	VERB
fbem-27720	178	3	a	a	DET
fbem-27720	178	4	significant	significant	ADJ
fbem-27720	178	5	influence	influence	NOUN
fbem-27720	178	6	of	of	ADP
fbem-27720	178	7	rdr	rdr	NOUN
fbem-27720	178	8	and	and	CCONJ
fbem-27720	178	9	rdh	rdh	NOUN
fbem-27720	178	10	on	on	ADP
fbem-27720	178	11	patents	patent	NOUN
fbem-27720	178	12	and	and	CCONJ
fbem-27720	178	13	nias	nia	NOUN
fbem-27720	178	14	.	.	PUNCT
fbem-27720	179	1	r2	r2	PROPN
fbem-27720	179	2	is	be	AUX
fbem-27720	179	3	a	a	DET
fbem-27720	179	4	valid	valid	ADJ
fbem-27720	179	5	illustration	illustration	NOUN
fbem-27720	179	6	of	of	ADP
fbem-27720	179	7	each	each	DET
fbem-27720	179	8	model	model	NOUN
fbem-27720	179	9	's	's	PART
fbem-27720	179	10	capacity	capacity	NOUN
fbem-27720	179	11	for	for	ADP
fbem-27720	179	12	clarification	clarification	NOUN
fbem-27720	179	13	.	.	PUNCT
fbem-27720	180	1	in	in	ADP
fbem-27720	180	2	other	other	ADJ
fbem-27720	180	3	words	word	NOUN
fbem-27720	180	4	,	,	PUNCT
fbem-27720	180	5	the	the	PRON
fbem-27720	180	6	stronger	strong	ADJ
fbem-27720	180	7	the	the	DET
fbem-27720	180	8	model	model	NOUN
fbem-27720	180	9	's	's	PART
fbem-27720	180	10	explanatory	explanatory	ADJ
fbem-27720	180	11	capacity	capacity	NOUN
fbem-27720	180	12	,	,	PUNCT
fbem-27720	180	13	the	the	PRON
fbem-27720	180	14	greater	great	ADJ
fbem-27720	180	15	the	the	DET
fbem-27720	180	16	r2	r2	PROPN
fbem-27720	180	17	.	.	PUNCT
fbem-27720	181	1	from	from	ADP
fbem-27720	181	2	model	model	NOUN
fbem-27720	181	3	9	9	NUM
fbem-27720	181	4	to	to	PART
fbem-27720	181	5	model	model	VERB
fbem-27720	181	6	12	12	NUM
fbem-27720	181	7	,	,	PUNCT
fbem-27720	181	8	model	model	NOUN
fbem-27720	181	9	12	12	NUM
fbem-27720	181	10	's	's	PART
fbem-27720	181	11	r2	r2	NOUN
fbem-27720	181	12	is	be	AUX
fbem-27720	181	13	0.255	0.255	NUM
fbem-27720	181	14	,	,	PUNCT
fbem-27720	181	15	surpassing	surpass	VERB
fbem-27720	181	16	that	that	PRON
fbem-27720	181	17	of	of	ADP
fbem-27720	181	18	the	the	DET
fbem-27720	181	19	other	other	ADJ
fbem-27720	181	20	models	model	NOUN
fbem-27720	181	21	,	,	PUNCT
fbem-27720	181	22	making	make	VERB
fbem-27720	181	23	it	it	PRON
fbem-27720	181	24	the	the	DET
fbem-27720	181	25	most	most	ADV
fbem-27720	181	26	effective	effective	ADJ
fbem-27720	181	27	model	model	NOUN
fbem-27720	181	28	in	in	ADP
fbem-27720	181	29	sop	sop	PROPN
fbem-27720	181	30	2	2	NUM
fbem-27720	181	31	.	.	PUNCT
fbem-27720	182	1	the	the	DET
fbem-27720	182	2	strong	strong	ADJ
fbem-27720	182	3	influence	influence	NOUN
fbem-27720	182	4	of	of	ADP
fbem-27720	182	5	rdh	rdh	PROPN
fbem-27720	182	6	on	on	ADP
fbem-27720	182	7	nia	nia	PROPN
fbem-27720	182	8	is	be	AUX
fbem-27720	182	9	evident	evident	ADJ
fbem-27720	182	10	.	.	PUNCT
fbem-27720	183	1	the	the	DET
fbem-27720	183	2	above	above	ADJ
fbem-27720	183	3	findings	finding	NOUN
fbem-27720	183	4	refute	refute	VERB
fbem-27720	183	5	hypothesis	hypothesis	NOUN
fbem-27720	183	6	h02	h02	NOUN
fbem-27720	183	7	,	,	PUNCT
fbem-27720	183	8	suggesting	suggest	VERB
fbem-27720	183	9	a	a	DET
fbem-27720	183	10	positive	positive	ADJ
fbem-27720	183	11	influence	influence	NOUN
fbem-27720	183	12	of	of	ADP
fbem-27720	183	13	r&d	r&d	NOUN
fbem-27720	183	14	investment	investment	NOUN
fbem-27720	183	15	on	on	ADP
fbem-27720	183	16	the	the	DET
fbem-27720	183	17	r&d	r&d	NOUN
fbem-27720	183	18	output	output	NOUN
fbem-27720	183	19	of	of	ADP
fbem-27720	183	20	enterprises	enterprise	NOUN
fbem-27720	183	21	.	.	PUNCT
fbem-27720	184	1	in	in	ADP
fbem-27720	184	2	summary	summary	NOUN
fbem-27720	184	3	,	,	PUNCT
fbem-27720	184	4	r&d	r&d	NOUN
fbem-27720	184	5	investment	investment	NOUN
fbem-27720	184	6	significantly	significantly	ADV
fbem-27720	184	7	increases	increase	VERB
fbem-27720	184	8	the	the	DET
fbem-27720	184	9	innovation	innovation	NOUN
fbem-27720	184	10	output	output	NOUN
fbem-27720	184	11	of	of	ADP
fbem-27720	184	12	enterprises	enterprise	NOUN
fbem-27720	184	13	,	,	PUNCT
fbem-27720	184	14	which	which	PRON
fbem-27720	184	15	may	may	AUX
fbem-27720	184	16	be	be	AUX
fbem-27720	184	17	because	because	SCONJ
fbem-27720	184	18	more	more	ADJ
fbem-27720	184	19	r&d	r&d	NOUN
fbem-27720	184	20	resources	resource	NOUN
fbem-27720	184	21	can	can	AUX
fbem-27720	184	22	attract	attract	VERB
fbem-27720	184	23	more	more	ADJ
fbem-27720	184	24	outstanding	outstanding	ADJ
fbem-27720	184	25	r&d	r&d	NOUN
fbem-27720	184	26	talents	talent	NOUN
fbem-27720	184	27	and	and	CCONJ
fbem-27720	184	28	promote	promote	VERB
fbem-27720	184	29	the	the	DET
fbem-27720	184	30	accumulation	accumulation	NOUN
fbem-27720	184	31	of	of	ADP
fbem-27720	184	32	knowledge	knowledge	NOUN
fbem-27720	184	33	and	and	CCONJ
fbem-27720	184	34	technological	technological	ADJ
fbem-27720	184	35	innovation	innovation	NOUN
fbem-27720	184	36	.	.	PUNCT
fbem-27720	185	1	atuahene	atuahene	NOUN
fbem-27720	185	2	-	-	PUNCT
fbem-27720	185	3	gima	gima	NOUN
fbem-27720	185	4	(	(	PUNCT
fbem-27720	185	5	2023	2023	NUM
fbem-27720	185	6	)	)	PUNCT
fbem-27720	185	7	confirmed	confirm	VERB
fbem-27720	185	8	through	through	ADP
fbem-27720	185	9	meta	meta	ADJ
fbem-27720	185	10	-	-	PUNCT
fbem-27720	185	11	analysis	analysis	NOUN
fbem-27720	185	12	that	that	SCONJ
fbem-27720	185	13	r&d	r&d	NOUN
fbem-27720	185	14	investment	investment	NOUN
fbem-27720	185	15	positively	positively	ADV
fbem-27720	185	16	influences	influence	VERB
fbem-27720	185	17	innovation	innovation	NOUN
fbem-27720	185	18	performance	performance	NOUN
fbem-27720	185	19	.	.	PUNCT
fbem-27720	186	1	liu	liu	PROPN
fbem-27720	186	2	’s	’s	PART
fbem-27720	186	3	(	(	PUNCT
fbem-27720	186	4	2023	2023	NUM
fbem-27720	186	5	)	)	PUNCT
fbem-27720	186	6	research	research	NOUN
fbem-27720	186	7	covers	cover	VERB
fbem-27720	186	8	multiple	multiple	ADJ
fbem-27720	186	9	industries	industry	NOUN
fbem-27720	186	10	,	,	PUNCT
fbem-27720	186	11	providing	provide	VERB
fbem-27720	186	12	a	a	DET
fbem-27720	186	13	broader	broad	ADJ
fbem-27720	186	14	context	context	NOUN
fbem-27720	186	15	for	for	ADP
fbem-27720	186	16	the	the	DET
fbem-27720	186	17	findings	finding	NOUN
fbem-27720	186	18	of	of	ADP
fbem-27720	186	19	this	this	DET
fbem-27720	186	20	study	study	NOUN
fbem-27720	186	21	.	.	PUNCT
fbem-27720	187	1	table	table	NOUN
fbem-27720	187	2	8	8	NUM
fbem-27720	187	3	.	.	PUNCT
fbem-27720	188	1	regression	regression	NOUN
fbem-27720	188	2	results	result	NOUN
fbem-27720	188	3	on	on	ADP
fbem-27720	188	4	r&d	r&d	NOUN
fbem-27720	188	5	investment	investment	NOUN
fbem-27720	188	6	and	and	CCONJ
fbem-27720	188	7	r&d	r&d	NOUN
fbem-27720	188	8	output	output	NOUN
fbem-27720	188	9	dv	dv	PROPN
fbem-27720	188	10	model	model	PROPN
fbem-27720	188	11	iv	iv	NUM
fbem-27720	188	12	coefficients	coefficient	NOUN
fbem-27720	188	13	t	t	PROPN
fbem-27720	188	14	p>|t|	p>|t|	NOUN
fbem-27720	188	15	r²	r²	NOUN
fbem-27720	188	16	remark	remark	NOUN
fbem-27720	188	17	roi	roi	NOUN
fbem-27720	188	18	9	9	NUM
fbem-27720	188	19	cons4.317	cons4.317	ADJ
fbem-27720	188	20	3.45	3.45	NUM
fbem-27720	188	21	0.001	0.001	NUM
fbem-27720	188	22	0.170	0.170	NUM
fbem-27720	188	23	reject	reject	VERB
fbem-27720	188	24	h02	h02	PROPN
fbem-27720	188	25	rdr	rdr	NOUN
fbem-27720	188	26	23.583	23.583	NUM
fbem-27720	188	27	9.25	9.25	NUM
fbem-27720	188	28	0.000	0.000	NUM
fbem-27720	188	29	10	10	NUM
fbem-27720	188	30	cons3.556	cons3.556	NOUN
fbem-27720	188	31	2.82	2.82	NUM
fbem-27720	188	32	0.005	0.005	NUM
fbem-27720	188	33	0.164	0.164	NUM
fbem-27720	188	34	rdh	rdh	NOUN
fbem-27720	188	35	6.281	6.281	NUM
fbem-27720	188	36	9.00	9.00	NUM
fbem-27720	188	37	0.000	0.000	NUM
fbem-27720	188	38	roic	roic	ADJ
fbem-27720	188	39	11	11	NUM
fbem-27720	188	40	cons17.588	cons17.588	NOUN
fbem-27720	188	41	16.29	16.29	NUM
fbem-27720	188	42	0.000	0.000	NUM
fbem-27720	188	43	0.233	0.233	NUM
fbem-27720	188	44	rdr	rdr	NOUN
fbem-27720	188	45	17.881	17.881	NUM
fbem-27720	188	46	8.12	8.12	NUM
fbem-27720	188	47	0.000	0.000	NUM
fbem-27720	188	48	12	12	NUM
fbem-27720	188	49	cons16.881	cons16.881	NOUN
fbem-27720	188	50	15.79	15.79	NUM
fbem-27720	188	51	0.000	0.000	NUM
fbem-27720	188	52	0.255	0.255	NUM
fbem-27720	188	53	rdh	rdh	NOUN
fbem-27720	188	54	5.457	5.457	NUM
fbem-27720	188	55	9.21	9.21	NUM
fbem-27720	188	56	0.000	0.000	NUM
fbem-27720	188	57	rdh	rdh	NOUN
fbem-27720	188	58	4.317	4.317	NUM
fbem-27720	188	59	3.45	3.45	NUM
fbem-27720	188	60	0.001	0.001	NUM
fbem-27720	188	61	dv	dv	PROPN
fbem-27720	188	62	mean	mean	PROPN
fbem-27720	188	63	dependence	dependence	NOUN
fbem-27720	188	64	variable	variable	NOUN
fbem-27720	188	65	iv	iv	NUM
fbem-27720	188	66	mean	mean	VERB
fbem-27720	188	67	independence	independence	NOUN
fbem-27720	188	68	variable	variable	ADJ
fbem-27720	188	69	3.3	3.3	NUM
fbem-27720	188	70	.	.	PUNCT
fbem-27720	189	1	the	the	DET
fbem-27720	189	2	r&d	r&d	NOUN
fbem-27720	189	3	investment	investment	NOUN
fbem-27720	189	4	of	of	ADP
fbem-27720	189	5	chinese	chinese	ADJ
fbem-27720	189	6	listed	list	VERB
fbem-27720	189	7	nev	nev	PROPN
fbem-27720	189	8	enterprises	enterprise	NOUN
fbem-27720	189	9	has	have	VERB
fbem-27720	189	10	significant	significant	ADJ
fbem-27720	189	11	effect	effect	NOUN
fbem-27720	189	12	on	on	ADP
fbem-27720	189	13	financial	financial	ADJ
fbem-27720	189	14	performance	performance	NOUN
fbem-27720	189	15	through	through	ADP
fbem-27720	189	16	r&d	r&d	NOUN
fbem-27720	189	17	output	output	NOUN
fbem-27720	189	18	.	.	PUNCT
fbem-27720	190	1	3.3.1	3.3.1	X
fbem-27720	190	2	.	.	PUNCT
fbem-27720	190	3	descriptive	descriptive	ADJ
fbem-27720	190	4	statistics	statistic	NOUN
fbem-27720	190	5	on	on	ADP
fbem-27720	190	6	r&d	r&d	NOUN
fbem-27720	190	7	investment	investment	NOUN
fbem-27720	190	8	and	and	CCONJ
fbem-27720	190	9	financial	financial	ADJ
fbem-27720	190	10	performance	performance	NOUN
fbem-27720	190	11	through	through	ADP
fbem-27720	190	12	r&d	r&d	NOUN
fbem-27720	190	13	output	output	NOUN
fbem-27720	190	14	table	table	NOUN
fbem-27720	190	15	9	9	NUM
fbem-27720	190	16	shows	show	VERB
fbem-27720	190	17	a	a	DET
fbem-27720	190	18	descriptive	descriptive	ADJ
fbem-27720	190	19	statistical	statistical	ADJ
fbem-27720	190	20	analysis	analysis	NOUN
fbem-27720	190	21	of	of	ADP
fbem-27720	190	22	how	how	SCONJ
fbem-27720	190	23	much	much	ADJ
fbem-27720	190	24	money	money	NOUN
fbem-27720	190	25	chinese	chinese	ADJ
fbem-27720	190	26	companies	company	NOUN
fbem-27720	190	27	that	that	PRON
fbem-27720	190	28	make	make	VERB
fbem-27720	190	29	new	new	ADJ
fbem-27720	190	30	energy	energy	NOUN
fbem-27720	190	31	vehicles	vehicle	NOUN
fbem-27720	190	32	spend	spend	VERB
fbem-27720	190	33	on	on	ADP
fbem-27720	190	34	research	research	NOUN
fbem-27720	190	35	and	and	CCONJ
fbem-27720	190	36	development	development	NOUN
fbem-27720	190	37	(	(	PUNCT
fbem-27720	190	38	rdr	rdr	NOUN
fbem-27720	190	39	and	and	CCONJ
fbem-27720	190	40	rdh	rdh	PROPN
fbem-27720	190	41	)	)	PUNCT
fbem-27720	190	42	,	,	PUNCT
fbem-27720	190	43	how	how	SCONJ
fbem-27720	190	44	much	much	ADJ
fbem-27720	190	45	they	they	PRON
fbem-27720	190	46	produce	produce	VERB
fbem-27720	190	47	(	(	PUNCT
fbem-27720	190	48	patents	patent	NOUN
fbem-27720	190	49	and	and	CCONJ
fbem-27720	190	50	nia	nia	NOUN
fbem-27720	190	51	)	)	PUNCT
fbem-27720	190	52	,	,	PUNCT
fbem-27720	190	53	and	and	CCONJ
fbem-27720	190	54	how	how	SCONJ
fbem-27720	190	55	well	well	ADV
fbem-27720	190	56	they	they	PRON
fbem-27720	190	57	do	do	VERB
fbem-27720	190	58	financially	financially	ADV
fbem-27720	190	59	(	(	PUNCT
fbem-27720	190	60	roi	roi	NOUN
fbem-27720	190	61	,	,	PUNCT
fbem-27720	190	62	roic	roic	ADJ
fbem-27720	190	63	,	,	PUNCT
fbem-27720	190	64	roa	roa	PROPN
fbem-27720	190	65	,	,	PUNCT
fbem-27720	190	66	and	and	CCONJ
fbem-27720	190	67	roe	roe	PROPN
fbem-27720	190	68	)	)	PUNCT
fbem-27720	190	69	.	.	PUNCT
fbem-27720	191	1	the	the	DET
fbem-27720	191	2	descriptive	descriptive	ADJ
fbem-27720	191	3	statistics	statistic	NOUN
fbem-27720	191	4	in	in	ADP
fbem-27720	191	5	the	the	DET
fbem-27720	191	6	table	table	NOUN
fbem-27720	191	7	show	show	NOUN
fbem-27720	191	8	that	that	SCONJ
fbem-27720	191	9	rdr	rdr	NOUN
fbem-27720	191	10	and	and	CCONJ
fbem-27720	191	11	rdh	rdh	PROPN
fbem-27720	191	12	significantly	significantly	ADV
fbem-27720	191	13	affect	affect	VERB
fbem-27720	191	14	roi	roi	NOUN
fbem-27720	191	15	,	,	PUNCT
fbem-27720	191	16	roic	roic	ADJ
fbem-27720	191	17	,	,	PUNCT
fbem-27720	191	18	roa	roa	PROPN
fbem-27720	191	19	,	,	PUNCT
fbem-27720	191	20	and	and	CCONJ
fbem-27720	191	21	roe	roe	NOUN
fbem-27720	191	22	.	.	PUNCT
fbem-27720	192	1	the	the	DET
fbem-27720	192	2	mean	mean	ADJ
fbem-27720	192	3	value	value	NOUN
fbem-27720	192	4	in	in	ADP
fbem-27720	192	5	r&d	r&d	NOUN
fbem-27720	192	6	investment	investment	NOUN
fbem-27720	192	7	is	be	AUX
fbem-27720	192	8	4.8	4.8	NUM
fbem-27720	192	9	%	%	NOUN
fbem-27720	192	10	(	(	PUNCT
fbem-27720	192	11	rdr	rdr	NOUN
fbem-27720	192	12	)	)	PUNCT
fbem-27720	192	13	and	and	CCONJ
fbem-27720	192	14	18.2	18.2	NUM
fbem-27720	192	15	%	%	NOUN
fbem-27720	192	16	(	(	PUNCT
fbem-27720	192	17	rdh	rdh	NOUN
fbem-27720	192	18	)	)	PUNCT
fbem-27720	192	19	,	,	PUNCT
fbem-27720	192	20	respectively	respectively	ADV
fbem-27720	192	21	,	,	PUNCT
fbem-27720	192	22	indicating	indicate	VERB
fbem-27720	192	23	that	that	SCONJ
fbem-27720	192	24	enterprises	enterprise	NOUN
fbem-27720	192	25	have	have	VERB
fbem-27720	192	26	a	a	DET
fbem-27720	192	27	certain	certain	ADJ
fbem-27720	192	28	amount	amount	NOUN
fbem-27720	192	29	of	of	ADP
fbem-27720	192	30	resource	resource	NOUN
fbem-27720	192	31	investment	investment	NOUN
fbem-27720	192	32	in	in	ADP
fbem-27720	192	33	r&d	r&d	NOUN
fbem-27720	192	34	.	.	PUNCT
fbem-27720	193	1	despite	despite	SCONJ
fbem-27720	193	2	the	the	DET
fbem-27720	193	3	sample	sample	NOUN
fbem-27720	193	4	's	's	PART
fbem-27720	193	5	negative	negative	ADJ
fbem-27720	193	6	values	value	NOUN
fbem-27720	193	7	for	for	ADP
fbem-27720	193	8	financial	financial	ADJ
fbem-27720	193	9	performance	performance	NOUN
fbem-27720	193	10	indicators	indicator	NOUN
fbem-27720	193	11	such	such	ADJ
fbem-27720	193	12	as	as	ADP
fbem-27720	193	13	roi	roi	NOUN
fbem-27720	193	14	,	,	PUNCT
fbem-27720	193	15	roic	roic	ADJ
fbem-27720	193	16	,	,	PUNCT
fbem-27720	193	17	roa	roa	PROPN
fbem-27720	193	18	,	,	PUNCT
fbem-27720	193	19	and	and	CCONJ
fbem-27720	193	20	roe	roe	PROPN
fbem-27720	193	21	,	,	PUNCT
fbem-27720	193	22	which	which	PRON
fbem-27720	193	23	suggest	suggest	VERB
fbem-27720	193	24	underperformance	underperformance	NOUN
fbem-27720	193	25	in	in	ADP
fbem-27720	193	26	some	some	DET
fbem-27720	193	27	companies	company	NOUN
fbem-27720	193	28	,	,	PUNCT
fbem-27720	193	29	rdr	rdr	PROPN
fbem-27720	193	30	and	and	CCONJ
fbem-27720	193	31	rdh	rdh	PROPN
fbem-27720	193	32	clearly	clearly	ADV
fbem-27720	193	33	contribute	contribute	VERB
fbem-27720	193	34	positively	positively	ADV
fbem-27720	193	35	to	to	ADP
fbem-27720	193	36	patents	patent	NOUN
fbem-27720	193	37	and	and	CCONJ
fbem-27720	193	38	intangible	intangible	ADJ
fbem-27720	193	39	assets	asset	NOUN
fbem-27720	193	40	(	(	PUNCT
fbem-27720	193	41	nia	nia	PROPN
fbem-27720	193	42	)	)	PUNCT
fbem-27720	193	43	,	,	PUNCT
fbem-27720	193	44	and	and	CCONJ
fbem-27720	193	45	their	their	PRON
fbem-27720	193	46	correlation	correlation	NOUN
fbem-27720	193	47	with	with	ADP
fbem-27720	193	48	financial	financial	ADJ
fbem-27720	193	49	performance	performance	NOUN
fbem-27720	193	50	is	be	AUX
fbem-27720	193	51	positive	positive	ADJ
fbem-27720	193	52	.	.	PUNCT
fbem-27720	194	1	table	table	NOUN
fbem-27720	194	2	9	9	NUM
fbem-27720	194	3	.	.	PUNCT
fbem-27720	195	1	descriptive	descriptive	ADJ
fbem-27720	195	2	statistics	statistic	NOUN
fbem-27720	195	3	on	on	ADP
fbem-27720	195	4	r&d	r&d	NOUN
fbem-27720	195	5	investment	investment	NOUN
fbem-27720	195	6	and	and	CCONJ
fbem-27720	195	7	financial	financial	ADJ
fbem-27720	195	8	performance	performance	NOUN
fbem-27720	195	9	through	through	ADP
fbem-27720	195	10	r&d	r&d	NOUN
fbem-27720	195	11	output	output	NOUN
fbem-27720	195	12	variable	variable	ADJ
fbem-27720	195	13	obs	obs	PROPN
fbem-27720	195	14	mean	mean	VERB
fbem-27720	195	15	sd	sd	ADP
fbem-27720	195	16	min	min	PROPN
fbem-27720	195	17	max	max	PROPN
fbem-27720	195	18	interpretation	interpretation	PROPN
fbem-27720	195	19	roi	roi	PROPN
fbem-27720	195	20	617	617	NUM
fbem-27720	195	21	0.069	0.069	NUM
fbem-27720	195	22	0.087	0.087	NUM
fbem-27720	195	23	-0.133	-0.133	NUM
fbem-27720	195	24	0.268	0.268	NUM
fbem-27720	195	25	positive	positive	ADJ
fbem-27720	195	26	roic	roic	ADJ
fbem-27720	195	27	617	617	NUM
fbem-27720	195	28	0.070	0.070	NUM
fbem-27720	195	29	0.107	0.107	NUM
fbem-27720	195	30	-0.177	-0.177	PUNCT
fbem-27720	195	31	0.327	0.327	NUM
fbem-27720	195	32	positive	positive	ADJ
fbem-27720	195	33	roa	roa	NOUN
fbem-27720	195	34	617	617	NUM
fbem-27720	195	35	0.051	0.051	NUM
fbem-27720	195	36	0.067	0.067	NUM
fbem-27720	195	37	-0.123	-0.123	PUNCT
fbem-27720	195	38	0.211	0.211	NUM
fbem-27720	195	39	positive	positive	ADJ
fbem-27720	195	40	roe	roe	NOUN
fbem-27720	195	41	617	617	NUM
fbem-27720	195	42	0.090	0.090	NUM
fbem-27720	195	43	0.163	0.163	NUM
fbem-27720	195	44	-0.288	-0.288	NUM
fbem-27720	195	45	0.478	0.478	NUM
fbem-27720	195	46	positive	positive	ADJ
fbem-27720	195	47	rdr	rdr	NOUN
fbem-27720	195	48	617	617	NUM
fbem-27720	195	49	0.048	0.048	NUM
fbem-27720	195	50	0.025	0.025	NUM
fbem-27720	195	51	0.000	0.000	NUM
fbem-27720	195	52	0.109	0.109	NUM
fbem-27720	195	53	positive	positive	ADJ
fbem-27720	195	54	rdh	rdh	NOUN
fbem-27720	195	55	617	617	NUM
fbem-27720	195	56	0.182	0.182	NUM
fbem-27720	195	57	0.093	0.093	NUM
fbem-27720	195	58	0.000	0.000	NUM
fbem-27720	195	59	0.410	0.410	NUM
fbem-27720	195	60	positive	positive	ADJ
fbem-27720	195	61	patent	patent	NOUN
fbem-27720	195	62	617	617	NUM
fbem-27720	195	63	4.676	4.676	NUM
fbem-27720	195	64	1.622	1.622	NUM
fbem-27720	195	65	0.000	0.000	NUM
fbem-27720	195	66	7.971	7.971	NUM
fbem-27720	195	67	positive	positive	ADJ
fbem-27720	195	68	nia	nia	NOUN
fbem-27720	195	69	617	617	NUM
fbem-27720	195	70	20.114	20.114	NUM
fbem-27720	195	71	1.457	1.457	NUM
fbem-27720	195	72	16.816	16.816	NUM
fbem-27720	195	73	23.563	23.563	NUM
fbem-27720	195	74	positive	positive	ADJ
fbem-27720	195	75	these	these	DET
fbem-27720	195	76	findings	finding	NOUN
fbem-27720	195	77	are	be	AUX
fbem-27720	195	78	consistent	consistent	ADJ
fbem-27720	195	79	with	with	ADP
fbem-27720	195	80	prior	prior	ADJ
fbem-27720	195	81	research	research	NOUN
fbem-27720	195	82	that	that	PRON
fbem-27720	195	83	emphasizes	emphasize	VERB
fbem-27720	195	84	the	the	DET
fbem-27720	195	85	variability	variability	NOUN
fbem-27720	195	86	in	in	ADP
fbem-27720	195	87	financial	financial	ADJ
fbem-27720	195	88	performance	performance	NOUN
fbem-27720	195	89	and	and	CCONJ
fbem-27720	195	90	r&d	r&d	NOUN
fbem-27720	195	91	investment	investment	NOUN
fbem-27720	195	92	in	in	ADP
fbem-27720	195	93	the	the	DET
fbem-27720	195	94	automotive	automotive	ADJ
fbem-27720	195	95	industry	industry	NOUN
fbem-27720	195	96	(	(	PUNCT
fbem-27720	195	97	smith	smith	PROPN
fbem-27720	195	98	&	&	CCONJ
fbem-27720	195	99	li	li	PROPN
fbem-27720	195	100	,	,	PUNCT
fbem-27720	195	101	2020	2020	NUM
fbem-27720	195	102	)	)	PUNCT
fbem-27720	195	103	.	.	PUNCT
fbem-27720	196	1	this	this	DET
fbem-27720	196	2	study	study	NOUN
fbem-27720	196	3	will	will	AUX
fbem-27720	196	4	discuss	discuss	VERB
fbem-27720	196	5	the	the	DET
fbem-27720	196	6	relevance	relevance	NOUN
fbem-27720	196	7	of	of	ADP
fbem-27720	196	8	rdr	rdr	PROPN
fbem-27720	196	9	,	,	PUNCT
fbem-27720	196	10	rdh	rdh	PROPN
fbem-27720	196	11	,	,	PUNCT
fbem-27720	196	12	patents	patent	NOUN
fbem-27720	196	13	,	,	PUNCT
fbem-27720	196	14	and	and	CCONJ
fbem-27720	196	15	nia	nia	PROPN
fbem-27720	196	16	in	in	ADP
fbem-27720	196	17	roi	roi	NOUN
fbem-27720	196	18	,	,	PUNCT
fbem-27720	196	19	roic	roic	ADJ
fbem-27720	196	20	,	,	PUNCT
fbem-27720	196	21	roa	roa	PROPN
fbem-27720	196	22	,	,	PUNCT
fbem-27720	196	23	and	and	CCONJ
fbem-27720	196	24	roe	roe	NOUN
fbem-27720	196	25	in	in	ADP
fbem-27720	196	26	more	more	ADJ
fbem-27720	196	27	detail	detail	NOUN
fbem-27720	196	28	below	below	ADV
fbem-27720	196	29	.	.	PUNCT
fbem-27720	197	1	3.3.2	3.3.2	X
fbem-27720	197	2	.	.	PUNCT
fbem-27720	197	3	correlation	correlation	NOUN
fbem-27720	197	4	analysis	analysis	NOUN
fbem-27720	197	5	on	on	ADP
fbem-27720	197	6	r&d	r&d	NOUN
fbem-27720	197	7	investment	investment	NOUN
fbem-27720	197	8	and	and	CCONJ
fbem-27720	197	9	financial	financial	ADJ
fbem-27720	197	10	performance	performance	NOUN
fbem-27720	197	11	through	through	ADP
fbem-27720	197	12	r&d	r&d	NOUN
fbem-27720	197	13	output	output	NOUN
fbem-27720	197	14	table	table	NOUN
fbem-27720	197	15	10	10	NUM
fbem-27720	197	16	presents	present	VERB
fbem-27720	197	17	the	the	DET
fbem-27720	197	18	correlation	correlation	NOUN
fbem-27720	197	19	analysis	analysis	NOUN
fbem-27720	197	20	in	in	ADP
fbem-27720	197	21	rdr	rdr	PROPN
fbem-27720	197	22	,	,	PUNCT
fbem-27720	197	23	rdh	rdh	PROPN
fbem-27720	197	24	,	,	PUNCT
fbem-27720	197	25	396	396	NUM
fbem-27720	197	26	patents	patent	NOUN
fbem-27720	197	27	,	,	PUNCT
fbem-27720	197	28	nia	nia	PROPN
fbem-27720	197	29	,	,	PUNCT
fbem-27720	197	30	and	and	CCONJ
fbem-27720	197	31	financial	financial	ADJ
fbem-27720	197	32	performance	performance	NOUN
fbem-27720	197	33	.	.	PUNCT
fbem-27720	198	1	the	the	DET
fbem-27720	198	2	symbol	symbol	NOUN
fbem-27720	198	3	*	*	PUNCT
fbem-27720	198	4	*	*	PUNCT
fbem-27720	198	5	*	*	PUNCT
fbem-27720	198	6	denotes	denote	VERB
fbem-27720	198	7	the	the	DET
fbem-27720	198	8	statistically	statistically	ADV
fbem-27720	198	9	significant	significant	ADJ
fbem-27720	198	10	value	value	NOUN
fbem-27720	198	11	,	,	PUNCT
fbem-27720	198	12	which	which	PRON
fbem-27720	198	13	is	be	AUX
fbem-27720	198	14	1	1	NUM
fbem-27720	198	15	%	%	NOUN
fbem-27720	198	16	.	.	PUNCT
fbem-27720	199	1	the	the	DET
fbem-27720	199	2	significant	significant	ADJ
fbem-27720	199	3	positive	positive	ADJ
fbem-27720	199	4	impact	impact	NOUN
fbem-27720	199	5	of	of	ADP
fbem-27720	199	6	rdr	rdr	NOUN
fbem-27720	199	7	and	and	CCONJ
fbem-27720	199	8	rdh	rdh	NOUN
fbem-27720	199	9	on	on	ADP
fbem-27720	199	10	patents	patent	NOUN
fbem-27720	199	11	and	and	CCONJ
fbem-27720	199	12	nias	nia	NOUN
fbem-27720	199	13	is	be	AUX
fbem-27720	199	14	evident	evident	ADJ
fbem-27720	199	15	in	in	ADP
fbem-27720	199	16	all	all	DET
fbem-27720	199	17	financial	financial	ADJ
fbem-27720	199	18	performance	performance	NOUN
fbem-27720	199	19	indicators	indicator	NOUN
fbem-27720	199	20	.	.	PUNCT
fbem-27720	200	1	table	table	NOUN
fbem-27720	200	2	10	10	NUM
fbem-27720	200	3	.	.	PUNCT
fbem-27720	201	1	correlation	correlation	NOUN
fbem-27720	201	2	analysis	analysis	NOUN
fbem-27720	201	3	on	on	ADP
fbem-27720	201	4	r&d	r&d	NOUN
fbem-27720	201	5	investment	investment	NOUN
fbem-27720	201	6	and	and	CCONJ
fbem-27720	201	7	financial	financial	ADJ
fbem-27720	201	8	performance	performance	NOUN
fbem-27720	201	9	through	through	ADP
fbem-27720	201	10	r&d	r&d	NOUN
fbem-27720	201	11	output	output	NOUN
fbem-27720	201	12	correlation	correlation	NOUN
fbem-27720	201	13	between	between	ADP
fbem-27720	201	14	variable	variable	ADJ
fbem-27720	201	15	pearson	pearson	NOUN
fbem-27720	201	16	correlated	correlate	VERB
fbem-27720	201	17	coefficient	coefficient	PROPN
fbem-27720	201	18	interpretation	interpretation	PROPN
fbem-27720	201	19	rdr	rdr	PROPN
fbem-27720	201	20	roi	roi	PROPN
fbem-27720	201	21	0.400	0.400	NUM
fbem-27720	201	22	*	*	PUNCT
fbem-27720	201	23	*	*	PUNCT
fbem-27720	201	24	*	*	PUNCT
fbem-27720	201	25	significant	significant	ADJ
fbem-27720	201	26	rdh	rdh	NOUN
fbem-27720	201	27	0.426	0.426	NUM
fbem-27720	201	28	*	*	PUNCT
fbem-27720	201	29	*	*	PUNCT
fbem-27720	201	30	*	*	PUNCT
fbem-27720	201	31	significant	significant	ADJ
fbem-27720	201	32	patent	patent	NOUN
fbem-27720	201	33	0.369	0.369	NOUN
fbem-27720	201	34	*	*	PUNCT
fbem-27720	201	35	*	*	PUNCT
fbem-27720	201	36	*	*	PUNCT
fbem-27720	201	37	significant	significant	ADJ
fbem-27720	201	38	nia	nia	NOUN
fbem-27720	201	39	0.357	0.357	NUM
fbem-27720	201	40	*	*	PUNCT
fbem-27720	201	41	*	*	PUNCT
fbem-27720	201	42	*	*	PUNCT
fbem-27720	201	43	significant	significant	ADJ
fbem-27720	201	44	rdr	rdr	NOUN
fbem-27720	201	45	roic	roic	ADJ
fbem-27720	201	46	0.357	0.357	NUM
fbem-27720	201	47	*	*	PUNCT
fbem-27720	201	48	*	*	PUNCT
fbem-27720	201	49	*	*	PUNCT
fbem-27720	201	50	significant	significant	ADJ
fbem-27720	201	51	rdh	rdh	NOUN
fbem-27720	201	52	0.354	0.354	NUM
fbem-27720	201	53	*	*	PUNCT
fbem-27720	201	54	*	*	PUNCT
fbem-27720	201	55	*	*	PUNCT
fbem-27720	201	56	significant	significant	ADJ
fbem-27720	201	57	patent	patent	NOUN
fbem-27720	201	58	0.337	0.337	NUM
fbem-27720	201	59	*	*	PUNCT
fbem-27720	201	60	*	*	PUNCT
fbem-27720	201	61	*	*	PUNCT
fbem-27720	201	62	significant	significant	ADJ
fbem-27720	201	63	nia	nia	PROPN
fbem-27720	201	64	0.365	0.365	NUM
fbem-27720	201	65	*	*	PUNCT
fbem-27720	201	66	*	*	PUNCT
fbem-27720	201	67	*	*	PUNCT
fbem-27720	201	68	significant	significant	ADJ
fbem-27720	201	69	rdr	rdr	NOUN
fbem-27720	201	70	roa	roa	VERB
fbem-27720	201	71	0.382	0.382	NUM
fbem-27720	201	72	*	*	PUNCT
fbem-27720	201	73	*	*	PUNCT
fbem-27720	201	74	*	*	PUNCT
fbem-27720	201	75	significant	significant	ADJ
fbem-27720	201	76	rdh	rdh	NOUN
fbem-27720	201	77	0.422	0.422	NUM
fbem-27720	201	78	*	*	PUNCT
fbem-27720	201	79	*	*	PUNCT
fbem-27720	201	80	*	*	PUNCT
fbem-27720	201	81	significant	significant	ADJ
fbem-27720	201	82	patent	patent	NOUN
fbem-27720	201	83	0.392	0.392	NOUN
fbem-27720	201	84	*	*	PUNCT
fbem-27720	201	85	*	*	PUNCT
fbem-27720	201	86	*	*	PUNCT
fbem-27720	201	87	significant	significant	ADJ
fbem-27720	201	88	nia	nia	NOUN
fbem-27720	201	89	0.392	0.392	NOUN
fbem-27720	201	90	*	*	NOUN
fbem-27720	201	91	*	*	PUNCT
fbem-27720	201	92	*	*	PUNCT
fbem-27720	201	93	significant	significant	ADJ
fbem-27720	201	94	rdr	rdr	PROPN
fbem-27720	201	95	roe	roe	NOUN
fbem-27720	201	96	0.352	0.352	NUM
fbem-27720	201	97	*	*	PUNCT
fbem-27720	201	98	*	*	PUNCT
fbem-27720	201	99	*	*	PUNCT
fbem-27720	201	100	significant	significant	ADJ
fbem-27720	201	101	rdh	rdh	NOUN
fbem-27720	201	102	0.401	0.401	NUM
fbem-27720	201	103	*	*	PUNCT
fbem-27720	201	104	*	*	PUNCT
fbem-27720	201	105	*	*	PUNCT
fbem-27720	201	106	significant	significant	ADJ
fbem-27720	201	107	patent	patent	NOUN
fbem-27720	201	108	0.400	0.400	NUM
fbem-27720	201	109	*	*	PUNCT
fbem-27720	201	110	*	*	PUNCT
fbem-27720	201	111	*	*	PUNCT
fbem-27720	201	112	significant	significant	ADJ
fbem-27720	201	113	nia	nia	NOUN
fbem-27720	201	114	0.407	0.407	NUM
fbem-27720	201	115	*	*	PUNCT
fbem-27720	201	116	*	*	PUNCT
fbem-27720	201	117	*	*	PUNCT
fbem-27720	201	118	significant	significant	ADJ
fbem-27720	202	1	*	*	PUNCT
fbem-27720	202	2	*	*	PUNCT
fbem-27720	202	3	*	*	PUNCT
fbem-27720	202	4	indicates	indicate	VERB
fbem-27720	202	5	significant	significant	ADJ
fbem-27720	202	6	at	at	ADP
fbem-27720	202	7	the	the	DET
fbem-27720	202	8	1	1	NUM
fbem-27720	202	9	%	%	NOUN
fbem-27720	202	10	level	level	NOUN
fbem-27720	202	11	*	*	PUNCT
fbem-27720	203	1	*	*	PUNCT
fbem-27720	203	2	indicates	indicate	VERB
fbem-27720	203	3	significant	significant	ADJ
fbem-27720	203	4	at	at	ADP
fbem-27720	203	5	the	the	DET
fbem-27720	203	6	5	5	NUM
fbem-27720	203	7	%	%	NOUN
fbem-27720	203	8	level	level	NOUN
fbem-27720	203	9	*	*	PUNCT
fbem-27720	203	10	indicates	indicate	VERB
fbem-27720	203	11	significant	significant	ADJ
fbem-27720	203	12	at	at	ADP
fbem-27720	203	13	the	the	DET
fbem-27720	203	14	10	10	NUM
fbem-27720	203	15	%	%	NOUN
fbem-27720	203	16	level	level	NOUN
fbem-27720	203	17	these	these	DET
fbem-27720	203	18	results	result	NOUN
fbem-27720	203	19	align	align	VERB
fbem-27720	203	20	with	with	ADP
fbem-27720	203	21	previous	previous	ADJ
fbem-27720	203	22	studies	study	NOUN
fbem-27720	203	23	that	that	PRON
fbem-27720	203	24	have	have	AUX
fbem-27720	203	25	established	establish	VERB
fbem-27720	203	26	a	a	DET
fbem-27720	203	27	positive	positive	ADJ
fbem-27720	203	28	relationship	relationship	NOUN
fbem-27720	203	29	between	between	ADP
fbem-27720	203	30	r&d	r&d	NOUN
fbem-27720	203	31	investment	investment	NOUN
fbem-27720	203	32	,	,	PUNCT
fbem-27720	203	33	r&d	r&d	NOUN
fbem-27720	203	34	output	output	NOUN
fbem-27720	203	35	,	,	PUNCT
fbem-27720	203	36	and	and	CCONJ
fbem-27720	203	37	financial	financial	ADJ
fbem-27720	203	38	performance	performance	NOUN
fbem-27720	203	39	(	(	PUNCT
fbem-27720	203	40	chen	chen	PROPN
fbem-27720	203	41	&	&	CCONJ
fbem-27720	203	42	zhao	zhao	PROPN
fbem-27720	203	43	,	,	PUNCT
fbem-27720	203	44	2022	2022	NUM
fbem-27720	203	45	)	)	PUNCT
fbem-27720	203	46	.	.	PUNCT
fbem-27720	204	1	3.3.3	3.3.3	X
fbem-27720	204	2	.	.	PUNCT
fbem-27720	204	3	multicollinearity	multicollinearity	NOUN
fbem-27720	204	4	test	test	NOUN
fbem-27720	204	5	on	on	ADP
fbem-27720	204	6	r&d	r&d	NOUN
fbem-27720	204	7	investment	investment	NOUN
fbem-27720	204	8	and	and	CCONJ
fbem-27720	204	9	financial	financial	ADJ
fbem-27720	204	10	performance	performance	NOUN
fbem-27720	204	11	through	through	ADP
fbem-27720	204	12	r&d	r&d	NOUN
fbem-27720	204	13	output	output	NOUN
fbem-27720	204	14	table	table	NOUN
fbem-27720	204	15	11	11	NUM
fbem-27720	204	16	provides	provide	VERB
fbem-27720	204	17	a	a	DET
fbem-27720	204	18	multicollinearity	multicollinearity	NOUN
fbem-27720	204	19	test	test	NOUN
fbem-27720	204	20	for	for	ADP
fbem-27720	204	21	rdr	rdr	PROPN
fbem-27720	204	22	,	,	PUNCT
fbem-27720	204	23	rdh	rdh	PROPN
fbem-27720	204	24	,	,	PUNCT
fbem-27720	204	25	patent	patent	NOUN
fbem-27720	204	26	,	,	PUNCT
fbem-27720	204	27	nia	nia	PROPN
fbem-27720	204	28	,	,	PUNCT
fbem-27720	204	29	tq	tq	INTJ
fbem-27720	204	30	,	,	PUNCT
fbem-27720	204	31	and	and	CCONJ
fbem-27720	204	32	so	so	ADV
fbem-27720	204	33	on	on	ADV
fbem-27720	204	34	.	.	PUNCT
fbem-27720	205	1	the	the	DET
fbem-27720	205	2	largest	large	ADJ
fbem-27720	205	3	vif	vif	NOUN
fbem-27720	205	4	is	be	AUX
fbem-27720	205	5	1.44	1.44	NUM
fbem-27720	205	6	,	,	PUNCT
fbem-27720	205	7	significantly	significantly	ADV
fbem-27720	205	8	less	less	ADJ
fbem-27720	205	9	than	than	ADP
fbem-27720	205	10	10	10	NUM
fbem-27720	205	11	.	.	PUNCT
fbem-27720	206	1	there	there	PRON
fbem-27720	206	2	is	be	VERB
fbem-27720	206	3	no	no	DET
fbem-27720	206	4	issue	issue	NOUN
fbem-27720	206	5	of	of	ADP
fbem-27720	206	6	multicollinearity	multicollinearity	NOUN
fbem-27720	206	7	in	in	ADP
fbem-27720	206	8	sop	sop	PROPN
fbem-27720	206	9	3	3	NUM
fbem-27720	206	10	.	.	PUNCT
fbem-27720	207	1	this	this	PRON
fbem-27720	207	2	provides	provide	VERB
fbem-27720	207	3	a	a	DET
fbem-27720	207	4	guarantee	guarantee	NOUN
fbem-27720	207	5	for	for	ADP
fbem-27720	207	6	conducting	conduct	VERB
fbem-27720	207	7	robust	robust	ADJ
fbem-27720	207	8	regression	regression	NOUN
fbem-27720	207	9	analysis	analysis	NOUN
fbem-27720	207	10	,	,	PUNCT
fbem-27720	207	11	ensuring	ensure	VERB
fbem-27720	207	12	the	the	DET
fbem-27720	207	13	independence	independence	NOUN
fbem-27720	207	14	and	and	CCONJ
fbem-27720	207	15	stability	stability	NOUN
fbem-27720	207	16	of	of	ADP
fbem-27720	207	17	each	each	DET
fbem-27720	207	18	variable	variable	NOUN
fbem-27720	207	19	in	in	ADP
fbem-27720	207	20	the	the	DET
fbem-27720	207	21	model	model	NOUN
fbem-27720	207	22	.	.	PUNCT
fbem-27720	208	1	table	table	NOUN
fbem-27720	208	2	11	11	NUM
fbem-27720	208	3	.	.	PUNCT
fbem-27720	209	1	descriptive	descriptive	ADJ
fbem-27720	209	2	statistics	statistic	NOUN
fbem-27720	209	3	on	on	ADP
fbem-27720	209	4	r&d	r&d	NOUN
fbem-27720	209	5	investment	investment	NOUN
fbem-27720	209	6	and	and	CCONJ
fbem-27720	209	7	financial	financial	ADJ
fbem-27720	209	8	performance	performance	NOUN
fbem-27720	209	9	through	through	ADP
fbem-27720	209	10	r&d	r&d	NOUN
fbem-27720	209	11	output	output	NOUN
fbem-27720	209	12	variable	variable	ADJ
fbem-27720	209	13	vif	vif	NOUN
fbem-27720	209	14	1	1	NUM
fbem-27720	209	15	/	/	SYM
fbem-27720	209	16	vif	vif	NOUN
fbem-27720	209	17	lev	lev	NOUN
fbem-27720	209	18	1.44	1.44	NUM
fbem-27720	209	19	0.693319	0.693319	NUM
fbem-27720	209	20	tq	tq	ADP
fbem-27720	209	21	1.33	1.33	NUM
fbem-27720	209	22	0.754247	0.754247	NUM
fbem-27720	209	23	listage	listage	NOUN
fbem-27720	209	24	1.3	1.3	NUM
fbem-27720	209	25	0.769742	0.769742	NUM
fbem-27720	209	26	loss	loss	NOUN
fbem-27720	209	27	1.35	1.35	NUM
fbem-27720	209	28	0.738607	0.738607	NUM
fbem-27720	209	29	cash	cash	NOUN
fbem-27720	209	30	1.29	1.29	NUM
fbem-27720	209	31	0.777118	0.777118	NUM
fbem-27720	209	32	growth	growth	NOUN
fbem-27720	209	33	1.28	1.28	NUM
fbem-27720	209	34	0.781357	0.781357	NUM
fbem-27720	209	35	rdr	rdr	NOUN
fbem-27720	209	36	1.22	1.22	NUM
fbem-27720	209	37	0.819085	0.819085	NUM
fbem-27720	209	38	rdh	rdh	NOUN
fbem-27720	209	39	1.18	1.18	NUM
fbem-27720	209	40	0.84762	0.84762	NUM
fbem-27720	209	41	dual	dual	ADJ
fbem-27720	209	42	1.16	1.16	NUM
fbem-27720	209	43	0.862079	0.862079	NUM
fbem-27720	209	44	top5	top5	NOUN
fbem-27720	209	45	1.14	1.14	NUM
fbem-27720	209	46	0.879926	0.879926	NUM
fbem-27720	209	47	indep	indep	NOUN
fbem-27720	209	48	1.08	1.08	NUM
fbem-27720	209	49	0.925405	0.925405	NUM
fbem-27720	209	50	big4	big4	NOUN
fbem-27720	209	51	1.08	1.08	NUM
fbem-27720	209	52	0.925563	0.925563	NUM
fbem-27720	209	53	mean	mean	NOUN
fbem-27720	209	54	vif	vif	NOUN
fbem-27720	209	55	1.21	1.21	NUM
fbem-27720	209	56	this	this	DET
fbem-27720	209	57	finding	finding	NOUN
fbem-27720	209	58	is	be	AUX
fbem-27720	209	59	crucial	crucial	ADJ
fbem-27720	209	60	for	for	ADP
fbem-27720	209	61	the	the	DET
fbem-27720	209	62	validity	validity	NOUN
fbem-27720	209	63	of	of	ADP
fbem-27720	209	64	the	the	DET
fbem-27720	209	65	regression	regression	NOUN
fbem-27720	209	66	models	model	NOUN
fbem-27720	209	67	used	use	VERB
fbem-27720	209	68	in	in	ADP
fbem-27720	209	69	this	this	DET
fbem-27720	209	70	study	study	NOUN
fbem-27720	209	71	,	,	PUNCT
fbem-27720	209	72	echoing	echo	VERB
fbem-27720	209	73	the	the	DET
fbem-27720	209	74	methodological	methodological	ADJ
fbem-27720	209	75	rigor	rigor	NOUN
fbem-27720	209	76	emphasized	emphasize	VERB
fbem-27720	209	77	in	in	ADP
fbem-27720	209	78	the	the	DET
fbem-27720	209	79	statistical	statistical	ADJ
fbem-27720	209	80	literature	literature	NOUN
fbem-27720	209	81	(	(	PUNCT
fbem-27720	209	82	qian	qian	PROPN
fbem-27720	209	83	,	,	PUNCT
fbem-27720	209	84	y.	y.	NOUN
fbem-27720	209	85	,	,	PUNCT
fbem-27720	209	86	2021	2021	NUM
fbem-27720	209	87	)	)	PUNCT
fbem-27720	209	88	.	.	PUNCT
fbem-27720	210	1	3.3.4	3.3.4	X
fbem-27720	210	2	.	.	PUNCT
fbem-27720	210	3	model	model	NOUN
fbem-27720	210	4	validation	validation	NOUN
fbem-27720	210	5	on	on	ADP
fbem-27720	210	6	r&d	r&d	NOUN
fbem-27720	210	7	investment	investment	NOUN
fbem-27720	210	8	and	and	CCONJ
fbem-27720	210	9	financial	financial	ADJ
fbem-27720	210	10	performance	performance	NOUN
fbem-27720	210	11	through	through	ADP
fbem-27720	210	12	r&d	r&d	NOUN
fbem-27720	210	13	output	output	NOUN
fbem-27720	210	14	based	base	VERB
fbem-27720	210	15	on	on	ADP
fbem-27720	210	16	the	the	DET
fbem-27720	210	17	results	result	NOUN
fbem-27720	210	18	of	of	ADP
fbem-27720	210	19	the	the	DET
fbem-27720	210	20	f	f	NOUN
fbem-27720	210	21	-	-	PUNCT
fbem-27720	210	22	test	test	NOUN
fbem-27720	210	23	conducted	conduct	VERB
fbem-27720	210	24	previously	previously	ADV
fbem-27720	210	25	,	,	PUNCT
fbem-27720	210	26	it	it	PRON
fbem-27720	210	27	has	have	AUX
fbem-27720	210	28	been	be	AUX
fbem-27720	210	29	determined	determine	VERB
fbem-27720	210	30	that	that	SCONJ
fbem-27720	210	31	a	a	DET
fbem-27720	210	32	fixed	fix	VERB
fbem-27720	210	33	effects	effect	NOUN
fbem-27720	210	34	model	model	NOUN
fbem-27720	210	35	will	will	AUX
fbem-27720	210	36	be	be	AUX
fbem-27720	210	37	constructed	construct	VERB
fbem-27720	210	38	.	.	PUNCT
fbem-27720	211	1	3.3.5	3.3.5	X
fbem-27720	211	2	.	.	PUNCT
fbem-27720	212	1	regression	regression	NOUN
fbem-27720	212	2	results	result	NOUN
fbem-27720	212	3	on	on	ADP
fbem-27720	212	4	r&d	r&d	NOUN
fbem-27720	212	5	investment	investment	NOUN
fbem-27720	212	6	and	and	CCONJ
fbem-27720	212	7	financial	financial	ADJ
fbem-27720	212	8	performance	performance	NOUN
fbem-27720	212	9	through	through	ADP
fbem-27720	212	10	r&d	r&d	NOUN
fbem-27720	212	11	output	output	NOUN
fbem-27720	212	12	this	this	DET
fbem-27720	212	13	section	section	NOUN
fbem-27720	212	14	aims	aim	VERB
fbem-27720	212	15	to	to	PART
fbem-27720	212	16	investigate	investigate	VERB
fbem-27720	212	17	the	the	DET
fbem-27720	212	18	mediating	mediate	VERB
fbem-27720	212	19	role	role	NOUN
fbem-27720	212	20	of	of	ADP
fbem-27720	212	21	patents	patent	NOUN
fbem-27720	212	22	and	and	CCONJ
fbem-27720	212	23	nia	nia	PROPN
fbem-27720	212	24	.	.	PUNCT
fbem-27720	213	1	combining	combine	VERB
fbem-27720	213	2	this	this	DET
fbem-27720	213	3	case	case	NOUN
fbem-27720	213	4	with	with	ADP
fbem-27720	213	5	the	the	DET
fbem-27720	213	6	regression	regression	NOUN
fbem-27720	213	7	results	result	NOUN
fbem-27720	213	8	in	in	ADP
fbem-27720	213	9	tables	table	NOUN
fbem-27720	213	10	4	4	NUM
fbem-27720	213	11	,	,	PUNCT
fbem-27720	213	12	8	8	NUM
fbem-27720	213	13	,	,	PUNCT
fbem-27720	213	14	and	and	CCONJ
fbem-27720	213	15	12	12	NUM
fbem-27720	213	16	,	,	PUNCT
fbem-27720	213	17	this	this	DET
fbem-27720	213	18	study	study	NOUN
fbem-27720	213	19	finds	find	VERB
fbem-27720	213	20	that	that	SCONJ
fbem-27720	213	21	r&d	r&d	NOUN
fbem-27720	213	22	investment	investment	NOUN
fbem-27720	213	23	significantly	significantly	ADV
fbem-27720	213	24	influences	influence	VERB
fbem-27720	213	25	the	the	DET
fbem-27720	213	26	financial	financial	ADJ
fbem-27720	213	27	performance	performance	NOUN
fbem-27720	213	28	of	of	ADP
fbem-27720	213	29	enterprises	enterprise	NOUN
fbem-27720	213	30	through	through	ADP
fbem-27720	213	31	a	a	DET
fbem-27720	213	32	significant	significant	ADJ
fbem-27720	213	33	impact	impact	NOUN
fbem-27720	213	34	on	on	ADP
fbem-27720	213	35	r&d	r&d	NOUN
fbem-27720	213	36	output	output	NOUN
fbem-27720	213	37	.	.	PUNCT
fbem-27720	214	1	r&d	r&d	NOUN
fbem-27720	214	2	output	output	NOUN
fbem-27720	214	3	partially	partially	ADV
fbem-27720	214	4	mediates	mediate	VERB
fbem-27720	214	5	the	the	DET
fbem-27720	214	6	impact	impact	NOUN
fbem-27720	214	7	of	of	ADP
fbem-27720	214	8	r&d	r&d	NOUN
fbem-27720	214	9	investment	investment	NOUN
fbem-27720	214	10	on	on	ADP
fbem-27720	214	11	enterprises	enterprise	NOUN
fbem-27720	214	12	'	'	PART
fbem-27720	214	13	financial	financial	ADJ
fbem-27720	214	14	performance	performance	NOUN
fbem-27720	214	15	.	.	PUNCT
fbem-27720	215	1	this	this	DET
fbem-27720	215	2	result	result	NOUN
fbem-27720	215	3	rejects	reject	VERB
fbem-27720	215	4	hypothesis	hypothesis	NOUN
fbem-27720	215	5	h03	h03	NOUN
fbem-27720	215	6	.	.	PUNCT
fbem-27720	216	1	397	397	NUM
fbem-27720	216	2	table	table	NOUN
fbem-27720	216	3	12	12	NUM
fbem-27720	216	4	.	.	PUNCT
fbem-27720	217	1	regression	regression	NOUN
fbem-27720	217	2	results	result	NOUN
fbem-27720	217	3	on	on	ADP
fbem-27720	217	4	r&d	r&d	NOUN
fbem-27720	217	5	investment	investment	NOUN
fbem-27720	217	6	and	and	CCONJ
fbem-27720	217	7	financial	financial	ADJ
fbem-27720	217	8	performance	performance	NOUN
fbem-27720	217	9	through	through	ADP
fbem-27720	217	10	r&d	r&d	NOUN
fbem-27720	217	11	output	output	NOUN
fbem-27720	217	12	dv	dv	PROPN
fbem-27720	217	13	model	model	PROPN
fbem-27720	218	1	iv	iv	NUM
fbem-27720	218	2	coefficients	coefficient	NOUN
fbem-27720	218	3	t	t	PROPN
fbem-27720	218	4	p>|t|	p>|t|	NOUN
fbem-27720	218	5	r²	r²	NOUN
fbem-27720	218	6	remark	remark	NOUN
fbem-27720	218	7	roi	roi	NOUN
fbem-27720	218	8	13	13	NUM
fbem-27720	218	9	cons-0.016	cons-0.016	NOUN
fbem-27720	218	10	-0.24	-0.24	ADP
fbem-27720	218	11	0.807	0.807	NUM
fbem-27720	218	12	0.277	0.277	NUM
fbem-27720	218	13	reject	reject	VERB
fbem-27720	218	14	h03	h03	PROPN
fbem-27720	218	15	rdr	rdr	PROPN
fbem-27720	218	16	1.041	1.041	NUM
fbem-27720	218	17	7.60	7.60	NUM
fbem-27720	218	18	0.000	0.000	NUM
fbem-27720	218	19	patent	patent	NOUN
fbem-27720	218	20	0.014	0.014	NUM
fbem-27720	218	21	6.52	6.52	NUM
fbem-27720	218	22	0.000	0.000	NUM
fbem-27720	218	23	14	14	NUM
fbem-27720	218	24	cons-0.053	cons-0.053	NOUN
fbem-27720	218	25	-0.84	-0.84	NOUN
fbem-27720	218	26	0.399	0.399	NUM
fbem-27720	218	27	0.290	0.290	NUM
fbem-27720	218	28	rdh	rdh	NOUN
fbem-27720	218	29	0.306	0.306	NUM
fbem-27720	218	30	8.29	8.29	NUM
fbem-27720	218	31	0.000	0.000	NUM
fbem-27720	218	32	patent	patent	NOUN
fbem-27720	218	33	0.013	0.013	NUM
fbem-27720	218	34	6.46	6.46	NUM
fbem-27720	218	35	0.000	0.000	NUM
fbem-27720	218	36	roic	roic	ADJ
fbem-27720	218	37	15	15	NUM
fbem-27720	218	38	cons-0.033	cons-0.033	NOUN
fbem-27720	218	39	-0.41	-0.41	NUM
fbem-27720	218	40	0.681	0.681	NUM
fbem-27720	218	41	0.235	0.235	NUM
fbem-27720	218	42	rdr	rdr	NOUN
fbem-27720	218	43	1.133	1.133	NUM
fbem-27720	218	44	6.56	6.56	NUM
fbem-27720	218	45	0.000	0.000	NUM
fbem-27720	218	46	patent	patent	NOUN
fbem-27720	218	47	0.015	0.015	NUM
fbem-27720	218	48	5.69	5.69	NUM
fbem-27720	218	49	0.000	0.000	NUM
fbem-27720	218	50	16	16	NUM
fbem-27720	218	51	cons-0.071	cons-0.071	NOUN
fbem-27720	218	52	-0.88	-0.88	NUM
fbem-27720	218	53	0.377	0.377	NUM
fbem-27720	218	54	0.233	0.233	NUM
fbem-27720	218	55	rdh	rdh	NOUN
fbem-27720	218	56	0.302	0.302	NUM
fbem-27720	218	57	6.43	6.43	NUM
fbem-27720	218	58	0.000	0.000	NUM
fbem-27720	218	59	patent	patent	NOUN
fbem-27720	218	60	0.015	0.015	NUM
fbem-27720	218	61	5.81	5.81	NUM
fbem-27720	218	62	0.000	0.000	NUM
fbem-27720	218	63	roa	roa	NOUN
fbem-27720	218	64	17	17	NUM
fbem-27720	218	65	cons-0.078	cons-0.078	NOUN
fbem-27720	218	66	-1.60	-1.60	NUM
fbem-27720	218	67	0.110	0.110	NUM
fbem-27720	218	68	0.271	0.271	NUM
fbem-27720	218	69	rdr	rdr	NOUN
fbem-27720	218	70	0.731	0.731	NUM
fbem-27720	218	71	6.94	6.94	NUM
fbem-27720	218	72	0.000	0.000	NUM
fbem-27720	218	73	patent	patent	NOUN
fbem-27720	218	74	0.012	0.012	NUM
fbem-27720	218	75	7.62	7.62	NUM
fbem-27720	218	76	0.000	0.000	NUM
fbem-27720	218	77	18	18	NUM
fbem-27720	218	78	cons-0.105	cons-0.105	NOUN
fbem-27720	218	79	-2.19	-2.19	NUM
fbem-27720	218	80	0.029	0.029	NUM
fbem-27720	218	81	0.289	0.289	NUM
fbem-27720	218	82	rdh	rdh	PROPN
fbem-27720	218	83	0.226	0.226	NUM
fbem-27720	218	84	8.01	8.01	NUM
fbem-27720	218	85	0.000	0.000	NUM
fbem-27720	218	86	patent	patent	NOUN
fbem-27720	218	87	0.012	0.012	NUM
fbem-27720	218	88	7.47	7.47	NUM
fbem-27720	218	89	0.000	0.000	NUM
fbem-27720	218	90	roe	roe	NOUN
fbem-27720	218	91	19	19	NUM
fbem-27720	218	92	cons-0.257	cons-0.257	NOUN
fbem-27720	218	93	-2.16	-2.16	PROPN
fbem-27720	218	94	0.031	0.031	NUM
fbem-27720	218	95	0.271	0.271	NUM
fbem-27720	218	96	rdr	rdr	NOUN
fbem-27720	218	97	1.464	1.464	NUM
fbem-27720	218	98	5.68	5.68	NUM
fbem-27720	218	99	0.000	0.000	NUM
fbem-27720	218	100	patent	patent	NOUN
fbem-27720	218	101	0.032	0.032	NUM
fbem-27720	218	102	8.23	8.23	NUM
fbem-27720	218	103	0.000	0.000	NUM
fbem-27720	218	104	20	20	NUM
fbem-27720	218	105	cons-0.317	cons-0.317	NOUN
fbem-27720	218	106	-2.70	-2.70	PROPN
fbem-27720	218	107	0.007	0.007	NUM
fbem-27720	218	108	0.295	0.295	NUM
fbem-27720	218	109	rdh	rdh	PROPN
fbem-27720	218	110	0.500	0.500	NUM
fbem-27720	218	111	7.25	7.25	NUM
fbem-27720	218	112	0.000	0.000	NUM
fbem-27720	218	113	patent	patent	NOUN
fbem-27720	218	114	-0.016	-0.016	PUNCT
fbem-27720	218	115	-0.24	-0.24	VERB
fbem-27720	218	116	0.807	0.807	NUM
fbem-27720	218	117	roi	roi	NOUN
fbem-27720	218	118	21	21	NUM
fbem-27720	218	119	cons-0.187	cons-0.187	NOUN
fbem-27720	218	120	-2.45	-2.45	VERB
fbem-27720	218	121	0.015	0.015	NUM
fbem-27720	218	122	0.262	0.262	NUM
fbem-27720	218	123	rdr	rdr	NOUN
fbem-27720	218	124	1.126	1.126	NUM
fbem-27720	218	125	8.25	8.25	NUM
fbem-27720	218	126	0.000	0.000	NUM
fbem-27720	218	127	nia	nia	PROPN
fbem-27720	218	128	0.013	0.013	NUM
fbem-27720	218	129	5.39	5.39	NUM
fbem-27720	218	130	0.000	0.000	NUM
fbem-27720	218	131	22	22	NUM
fbem-27720	218	132	cons-0.208	cons-0.208	NOUN
fbem-27720	218	133	-2.74	-2.74	NUM
fbem-27720	218	134	0.006	0.006	NUM
fbem-27720	218	135	0.269	0.269	NUM
fbem-27720	218	136	rdh	rdh	NOUN
fbem-27720	218	137	0.324	0.324	NUM
fbem-27720	218	138	8.62	8.62	NUM
fbem-27720	218	139	0.000	0.000	NUM
fbem-27720	218	140	nia	nia	PROPN
fbem-27720	219	1	0.012	0.012	NUM
fbem-27720	219	2	4.87	4.87	NUM
fbem-27720	219	3	0.000	0.000	NUM
fbem-27720	219	4	roic	roic	ADJ
fbem-27720	219	5	23	23	NUM
fbem-27720	219	6	cons-0.292	cons-0.292	NOUN
fbem-27720	219	7	-3.08	-3.08	NUM
fbem-27720	219	8	0.002	0.002	NUM
fbem-27720	219	9	0.241	0.241	NUM
fbem-27720	219	10	rdr	rdr	NOUN
fbem-27720	219	11	1.155	1.155	NUM
fbem-27720	219	12	6.81	6.81	NUM
fbem-27720	219	13	0.000	0.000	NUM
fbem-27720	219	14	nia	nia	PROPN
fbem-27720	219	15	0.018	0.018	NUM
fbem-27720	219	16	6.10	6.10	NUM
fbem-27720	219	17	0.000	0.000	NUM
fbem-27720	219	18	24	24	NUM
fbem-27720	219	19	cons-0.321	cons-0.321	NOUN
fbem-27720	219	20	-3.38	-3.38	NUM
fbem-27720	219	21	0.001	0.001	NUM
fbem-27720	219	22	0.234	0.234	NUM
fbem-27720	219	23	rdh	rdh	NOUN
fbem-27720	219	24	0.299	0.299	NUM
fbem-27720	219	25	6.35	6.35	NUM
fbem-27720	219	26	0.000	0.000	NUM
fbem-27720	219	27	nia	nia	PROPN
fbem-27720	219	28	0.018	0.018	NUM
fbem-27720	219	29	5.85	5.85	NUM
fbem-27720	219	30	0.000	0.000	NUM
fbem-27720	219	31	roa	roa	NOUN
fbem-27720	219	32	25	25	NUM
fbem-27720	219	33	cons-0.254	cons-0.254	NOUN
fbem-27720	219	34	-4.34	-4.34	DET
fbem-27720	219	35	0.000	0.000	NUM
fbem-27720	219	36	0.260	0.260	NUM
fbem-27720	219	37	rdr	rdr	NOUN
fbem-27720	219	38	0.785	0.785	NUM
fbem-27720	219	39	7.51	7.51	NUM
fbem-27720	219	40	0.000	0.000	NUM
fbem-27720	219	41	nia	nia	PROPN
fbem-27720	219	42	0.013	0.013	NUM
fbem-27720	219	43	7.00	7.00	NUM
fbem-27720	219	44	0.000	0.000	NUM
fbem-27720	219	45	26	26	NUM
fbem-27720	219	46	cons-0.267	cons-0.267	NOUN
fbem-27720	219	47	-4.61	-4.61	NOUN
fbem-27720	219	48	0.000	0.000	NUM
fbem-27720	219	49	0.272	0.272	NUM
fbem-27720	219	50	rdh	rdh	NOUN
fbem-27720	219	51	0.235	0.235	NUM
fbem-27720	219	52	8.17	8.17	NUM
fbem-27720	219	53	0.000	0.000	NUM
fbem-27720	219	54	nia	nia	NOUN
fbem-27720	220	1	0.012	0.012	NUM
fbem-27720	220	2	6.42	6.42	NUM
fbem-27720	220	3	0.000	0.000	NUM
fbem-27720	220	4	roe	roe	PROPN
fbem-27720	220	5	27	27	NUM
fbem-27720	220	6	cons-0.708	cons-0.708	NOUN
fbem-27720	220	7	-4.92	-4.92	NOUN
fbem-27720	220	8	0.000	0.000	NUM
fbem-27720	220	9	0.255	0.255	NUM
fbem-27720	220	10	rdr	rdr	NOUN
fbem-27720	220	11	1.623	1.623	NUM
fbem-27720	220	12	6.33	6.33	NUM
fbem-27720	220	13	0.000	0.000	NUM
fbem-27720	220	14	nia	nia	NOUN
fbem-27720	221	1	0.034	0.034	NUM
fbem-27720	221	2	7.33	7.33	NUM
fbem-27720	221	3	0.000	0.000	NUM
fbem-27720	221	4	28	28	NUM
fbem-27720	221	5	cons-0.724	cons-0.724	NOUN
fbem-27720	221	6	-5.13	-5.13	NUM
fbem-27720	221	7	0.000	0.000	NUM
fbem-27720	221	8	0.274	0.274	NUM
fbem-27720	221	9	rdh	rdh	PROPN
fbem-27720	221	10	0.524	0.524	NUM
fbem-27720	221	11	7.47	7.47	NUM
fbem-27720	221	12	0.000	0.000	NUM
fbem-27720	221	13	nia	nia	PROPN
fbem-27720	222	1	0.031	0.031	NUM
fbem-27720	222	2	6.67	6.67	NUM
fbem-27720	222	3	0.000	0.000	NUM
fbem-27720	222	4	dv	dv	PROPN
fbem-27720	222	5	mean	mean	PROPN
fbem-27720	222	6	dependence	dependence	NOUN
fbem-27720	222	7	variable	variable	NOUN
fbem-27720	222	8	;	;	PUNCT
fbem-27720	222	9	iv	iv	NUM
fbem-27720	222	10	mean	mean	VERB
fbem-27720	222	11	independence	independence	NOUN
fbem-27720	222	12	variable	variable	NOUN
fbem-27720	222	13	where	where	SCONJ
fbem-27720	222	14	is	be	AUX
fbem-27720	222	15	there	there	PRON
fbem-27720	222	16	a	a	DET
fbem-27720	222	17	clear	clear	ADJ
fbem-27720	222	18	mediating	mediate	VERB
fbem-27720	222	19	effect	effect	NOUN
fbem-27720	222	20	in	in	ADP
fbem-27720	222	21	sop	sop	PROPN
fbem-27720	222	22	3	3	NUM
fbem-27720	222	23	from	from	ADP
fbem-27720	222	24	model	model	NOUN
fbem-27720	222	25	13	13	NUM
fbem-27720	222	26	to	to	PART
fbem-27720	222	27	model	model	VERB
fbem-27720	222	28	28	28	NUM
fbem-27720	222	29	?	?	PUNCT
fbem-27720	223	1	the	the	DET
fbem-27720	223	2	regression	regression	NOUN
fbem-27720	223	3	coefficient	coefficient	NOUN
fbem-27720	223	4	of	of	ADP
fbem-27720	223	5	rdr	rdr	NOUN
fbem-27720	223	6	to	to	PART
fbem-27720	223	7	roi	roi	VERB
fbem-27720	223	8	was	be	AUX
fbem-27720	223	9	1.041	1.041	NUM
fbem-27720	223	10	,	,	PUNCT
fbem-27720	223	11	whereas	whereas	SCONJ
fbem-27720	223	12	the	the	DET
fbem-27720	223	13	regression	regression	NOUN
fbem-27720	223	14	coefficient	coefficient	NOUN
fbem-27720	223	15	of	of	ADP
fbem-27720	223	16	rdh	rdh	NOUN
fbem-27720	223	17	to	to	ADP
fbem-27720	223	18	roi	roi	NOUN
fbem-27720	223	19	was	be	AUX
fbem-27720	223	20	0.306	0.306	NUM
fbem-27720	223	21	,	,	PUNCT
fbem-27720	223	22	suggesting	suggest	VERB
fbem-27720	223	23	that	that	SCONJ
fbem-27720	223	24	rdr	rdr	NOUN
fbem-27720	223	25	and	and	CCONJ
fbem-27720	223	26	rdh	rdh	PROPN
fbem-27720	223	27	influence	influence	PROPN
fbem-27720	223	28	roi	roi	PROPN
fbem-27720	223	29	through	through	ADP
fbem-27720	223	30	patents	patent	NOUN
fbem-27720	223	31	,	,	PUNCT
fbem-27720	223	32	with	with	ADP
fbem-27720	223	33	patents	patent	NOUN
fbem-27720	223	34	playing	play	VERB
fbem-27720	223	35	a	a	DET
fbem-27720	223	36	partial	partial	ADJ
fbem-27720	223	37	mediating	mediate	VERB
fbem-27720	223	38	role	role	NOUN
fbem-27720	223	39	in	in	ADP
fbem-27720	223	40	this	this	DET
fbem-27720	223	41	case	case	NOUN
fbem-27720	223	42	.	.	PUNCT
fbem-27720	224	1	r&d	r&d	NOUN
fbem-27720	224	2	investment	investment	NOUN
fbem-27720	224	3	influences	influence	VERB
fbem-27720	224	4	the	the	DET
fbem-27720	224	5	financial	financial	ADJ
fbem-27720	224	6	performance	performance	NOUN
fbem-27720	224	7	of	of	ADP
fbem-27720	224	8	enterprises	enterprise	NOUN
fbem-27720	224	9	through	through	ADP
fbem-27720	224	10	its	its	PRON
fbem-27720	224	11	output	output	NOUN
fbem-27720	224	12	.	.	PUNCT
fbem-27720	225	1	in	in	ADP
fbem-27720	225	2	other	other	ADJ
fbem-27720	225	3	words	word	NOUN
fbem-27720	225	4	,	,	PUNCT
fbem-27720	225	5	r&d	r&d	NOUN
fbem-27720	225	6	investment	investment	NOUN
fbem-27720	225	7	first	first	ADV
fbem-27720	225	8	boosts	boost	VERB
fbem-27720	225	9	the	the	DET
fbem-27720	225	10	company	company	NOUN
fbem-27720	225	11	's	's	PART
fbem-27720	225	12	output	output	NOUN
fbem-27720	225	13	of	of	ADP
fbem-27720	225	14	innovations	innovation	NOUN
fbem-27720	225	15	,	,	PUNCT
fbem-27720	225	16	which	which	PRON
fbem-27720	225	17	in	in	ADP
fbem-27720	225	18	turn	turn	NOUN
fbem-27720	225	19	boosts	boost	VERB
fbem-27720	225	20	the	the	DET
fbem-27720	225	21	company	company	NOUN
fbem-27720	225	22	's	's	PART
fbem-27720	225	23	profitability	profitability	NOUN
fbem-27720	225	24	and	and	CCONJ
fbem-27720	225	25	competitiveness	competitiveness	NOUN
fbem-27720	225	26	in	in	ADP
fbem-27720	225	27	the	the	DET
fbem-27720	225	28	market	market	NOUN
fbem-27720	225	29	,	,	PUNCT
fbem-27720	225	30	thus	thus	ADV
fbem-27720	225	31	indirectly	indirectly	ADV
fbem-27720	225	32	enhancing	enhance	VERB
fbem-27720	225	33	the	the	DET
fbem-27720	225	34	financial	financial	ADJ
fbem-27720	225	35	performance	performance	NOUN
fbem-27720	225	36	of	of	ADP
fbem-27720	225	37	the	the	DET
fbem-27720	225	38	business	business	NOUN
fbem-27720	225	39	.	.	PUNCT
fbem-27720	226	1	model	model	NOUN
fbem-27720	226	2	20	20	NUM
fbem-27720	226	3	is	be	AUX
fbem-27720	226	4	the	the	DET
fbem-27720	226	5	best	good	ADJ
fbem-27720	226	6	in	in	ADP
fbem-27720	226	7	sop	sop	PROPN
fbem-27720	226	8	3	3	NUM
fbem-27720	226	9	and	and	CCONJ
fbem-27720	226	10	has	have	VERB
fbem-27720	226	11	an	an	DET
fbem-27720	226	12	r2	r2	NOUN
fbem-27720	226	13	of	of	ADP
fbem-27720	226	14	0.295	0.295	NUM
fbem-27720	226	15	,	,	PUNCT
fbem-27720	226	16	which	which	PRON
fbem-27720	226	17	is	be	AUX
fbem-27720	226	18	higher	high	ADJ
fbem-27720	226	19	than	than	ADP
fbem-27720	226	20	that	that	PRON
fbem-27720	226	21	of	of	ADP
fbem-27720	226	22	the	the	DET
fbem-27720	226	23	other	other	ADJ
fbem-27720	226	24	models	model	NOUN
fbem-27720	226	25	.	.	PUNCT
fbem-27720	227	1	it	it	PRON
fbem-27720	227	2	’s	’s	AUX
fbem-27720	227	3	illustrated	illustrate	VERB
fbem-27720	227	4	that	that	SCONJ
fbem-27720	227	5	roe	roe	PROPN
fbem-27720	227	6	is	be	AUX
fbem-27720	227	7	strongly	strongly	ADV
fbem-27720	227	8	affected	affect	VERB
fbem-27720	227	9	by	by	ADP
fbem-27720	227	10	rdh	rdh	PROPN
fbem-27720	227	11	through	through	ADP
fbem-27720	227	12	patents	patent	NOUN
fbem-27720	227	13	.	.	PUNCT
fbem-27720	228	1	zhao	zhao	PROPN
fbem-27720	228	2	and	and	CCONJ
fbem-27720	228	3	zhang	zhang	PROPN
fbem-27720	228	4	(	(	PUNCT
fbem-27720	228	5	2021	2021	NUM
fbem-27720	228	6	)	)	PUNCT
fbem-27720	228	7	investigated	investigate	VERB
fbem-27720	228	8	how	how	SCONJ
fbem-27720	228	9	r&d	r&d	NOUN
fbem-27720	228	10	activity	activity	NOUN
fbem-27720	228	11	influences	influence	VERB
fbem-27720	228	12	firm	firm	ADJ
fbem-27720	228	13	performance	performance	NOUN
fbem-27720	228	14	when	when	SCONJ
fbem-27720	228	15	nia	nia	PROPN
fbem-27720	228	16	acts	act	VERB
fbem-27720	228	17	as	as	ADP
fbem-27720	228	18	a	a	DET
fbem-27720	228	19	mediator	mediator	NOUN
fbem-27720	228	20	.	.	PUNCT
fbem-27720	229	1	the	the	DET
fbem-27720	229	2	findings	finding	NOUN
fbem-27720	229	3	indicate	indicate	VERB
fbem-27720	229	4	that	that	SCONJ
fbem-27720	229	5	one	one	NUM
fbem-27720	229	6	of	of	ADP
fbem-27720	229	7	the	the	DET
fbem-27720	229	8	main	main	ADJ
fbem-27720	229	9	mediating	mediate	VERB
fbem-27720	229	10	factors	factor	NOUN
fbem-27720	229	11	connecting	connect	VERB
fbem-27720	229	12	r&d	r&d	NOUN
fbem-27720	229	13	expenditure	expenditure	NOUN
fbem-27720	229	14	and	and	CCONJ
fbem-27720	229	15	company	company	NOUN
fbem-27720	229	16	success	success	NOUN
fbem-27720	229	17	is	be	AUX
fbem-27720	229	18	r&d	r&d	NOUN
fbem-27720	229	19	output	output	NOUN
fbem-27720	229	20	.	.	PUNCT
fbem-27720	230	1	zhang	zhang	PROPN
fbem-27720	230	2	l	l	PROPN
fbem-27720	230	3	(	(	PUNCT
fbem-27720	230	4	2024	2024	NUM
fbem-27720	230	5	)	)	PUNCT
fbem-27720	230	6	provide	provide	VERB
fbem-27720	230	7	evidence	evidence	NOUN
fbem-27720	230	8	in	in	ADP
fbem-27720	230	9	the	the	DET
fbem-27720	230	10	chinese	chinese	ADJ
fbem-27720	230	11	398	398	NUM
fbem-27720	230	12	context	context	NOUN
fbem-27720	230	13	to	to	PART
fbem-27720	230	14	support	support	VERB
fbem-27720	230	15	the	the	DET
fbem-27720	230	16	mediating	mediate	VERB
fbem-27720	230	17	effect	effect	NOUN
fbem-27720	230	18	of	of	ADP
fbem-27720	230	19	r&d	r&d	NOUN
fbem-27720	230	20	outputs	output	NOUN
fbem-27720	230	21	.	.	PUNCT
fbem-27720	231	1	their	their	PRON
fbem-27720	231	2	research	research	NOUN
fbem-27720	231	3	further	further	ADJ
fbem-27720	231	4	highlights	highlight	NOUN
fbem-27720	231	5	the	the	DET
fbem-27720	231	6	important	important	ADJ
fbem-27720	231	7	role	role	NOUN
fbem-27720	231	8	of	of	ADP
fbem-27720	231	9	r&d	r&d	NOUN
fbem-27720	231	10	output	output	NOUN
fbem-27720	231	11	in	in	ADP
fbem-27720	231	12	boosting	boost	VERB
fbem-27720	231	13	corporate	corporate	ADJ
fbem-27720	231	14	financial	financial	ADJ
fbem-27720	231	15	performance	performance	NOUN
fbem-27720	231	16	.	.	PUNCT
fbem-27720	232	1	3.4	3.4	NUM
fbem-27720	232	2	.	.	PUNCT
fbem-27720	232	3	proposed	propose	VERB
fbem-27720	232	4	a	a	DET
fbem-27720	232	5	development	development	NOUN
fbem-27720	232	6	of	of	ADP
fbem-27720	232	7	financial	financial	ADJ
fbem-27720	232	8	performance	performance	NOUN
fbem-27720	232	9	test	test	NOUN
fbem-27720	232	10	model	model	NOUN
fbem-27720	232	11	this	this	DET
fbem-27720	232	12	study	study	NOUN
fbem-27720	232	13	mainly	mainly	ADV
fbem-27720	232	14	studies	study	VERB
fbem-27720	232	15	the	the	DET
fbem-27720	232	16	effect	effect	NOUN
fbem-27720	232	17	of	of	ADP
fbem-27720	232	18	r&d	r&d	NOUN
fbem-27720	232	19	investment	investment	NOUN
fbem-27720	232	20	on	on	ADP
fbem-27720	232	21	financial	financial	ADJ
fbem-27720	232	22	performance	performance	NOUN
fbem-27720	232	23	,	,	PUNCT
fbem-27720	232	24	with	with	ADP
fbem-27720	232	25	r&d	r&d	NOUN
fbem-27720	232	26	output	output	NOUN
fbem-27720	232	27	as	as	ADP
fbem-27720	232	28	the	the	DET
fbem-27720	232	29	mediating	mediate	VERB
fbem-27720	232	30	variable	variable	NOUN
fbem-27720	232	31	and	and	CCONJ
fbem-27720	232	32	company	company	NOUN
fbem-27720	232	33	size	size	NOUN
fbem-27720	232	34	and	and	CCONJ
fbem-27720	232	35	nature	nature	NOUN
fbem-27720	232	36	of	of	ADP
fbem-27720	232	37	ownership	ownership	NOUN
fbem-27720	232	38	as	as	ADP
fbem-27720	232	39	moderating	moderate	VERB
fbem-27720	232	40	variables	variable	NOUN
fbem-27720	232	41	.	.	PUNCT
fbem-27720	233	1	this	this	DET
fbem-27720	233	2	study	study	NOUN
fbem-27720	233	3	examines	examine	VERB
fbem-27720	233	4	the	the	DET
fbem-27720	233	5	relationship	relationship	NOUN
fbem-27720	233	6	between	between	ADP
fbem-27720	233	7	r&d	r&d	NOUN
fbem-27720	233	8	investment	investment	NOUN
fbem-27720	233	9	and	and	CCONJ
fbem-27720	233	10	firm	firm	ADJ
fbem-27720	233	11	performance	performance	NOUN
fbem-27720	233	12	,	,	PUNCT
fbem-27720	233	13	as	as	SCONJ
fbem-27720	233	14	illustrated	illustrate	VERB
fbem-27720	233	15	in	in	ADP
fbem-27720	233	16	figure	figure	NOUN
fbem-27720	233	17	2	2	NUM
fbem-27720	233	18	.	.	PUNCT
fbem-27720	234	1	r&d	r&d	NOUN
fbem-27720	234	2	investment	investment	NOUN
fbem-27720	234	3	significantly	significantly	ADV
fbem-27720	234	4	impacts	impact	VERB
fbem-27720	234	5	financial	financial	ADJ
fbem-27720	234	6	performance	performance	NOUN
fbem-27720	234	7	,	,	PUNCT
fbem-27720	234	8	according	accord	VERB
fbem-27720	234	9	to	to	ADP
fbem-27720	234	10	the	the	DET
fbem-27720	234	11	data	datum	NOUN
fbem-27720	234	12	and	and	CCONJ
fbem-27720	234	13	model	model	NOUN
fbem-27720	234	14	presented	present	VERB
fbem-27720	234	15	in	in	ADP
fbem-27720	234	16	chapter	chapter	NOUN
fbem-27720	234	17	3	3	NUM
fbem-27720	234	18	.	.	PUNCT
fbem-27720	234	19	specifically	specifically	ADV
fbem-27720	234	20	,	,	PUNCT
fbem-27720	234	21	both	both	PRON
fbem-27720	234	22	rdr	rdr	NOUN
fbem-27720	234	23	and	and	CCONJ
fbem-27720	234	24	rdh	rdh	PROPN
fbem-27720	234	25	strongly	strongly	ADV
fbem-27720	234	26	correlate	correlate	VERB
fbem-27720	234	27	with	with	ADP
fbem-27720	234	28	roi	roi	NOUN
fbem-27720	234	29	,	,	PUNCT
fbem-27720	234	30	roic	roic	ADJ
fbem-27720	234	31	,	,	PUNCT
fbem-27720	234	32	roa	roa	PROPN
fbem-27720	234	33	,	,	PUNCT
fbem-27720	234	34	and	and	CCONJ
fbem-27720	234	35	roe	roe	NOUN
fbem-27720	234	36	.	.	PUNCT
fbem-27720	235	1	this	this	DET
fbem-27720	235	2	result	result	NOUN
fbem-27720	235	3	suggests	suggest	VERB
fbem-27720	235	4	that	that	SCONJ
fbem-27720	235	5	a	a	DET
fbem-27720	235	6	company	company	NOUN
fbem-27720	235	7	's	's	PART
fbem-27720	235	8	financial	financial	ADJ
fbem-27720	235	9	performance	performance	NOUN
fbem-27720	235	10	improves	improve	VERB
fbem-27720	235	11	as	as	ADP
fbem-27720	235	12	its	its	PRON
fbem-27720	235	13	rdr	rdr	NOUN
fbem-27720	235	14	and	and	CCONJ
fbem-27720	235	15	rdh	rdh	NOUN
fbem-27720	235	16	increase	increase	NOUN
fbem-27720	235	17	,	,	PUNCT
fbem-27720	235	18	thereby	thereby	ADV
fbem-27720	235	19	rejecting	reject	VERB
fbem-27720	235	20	h01	h01	NOUN
fbem-27720	235	21	.	.	PUNCT
fbem-27720	236	1	in	in	ADP
fbem-27720	236	2	chapter	chapter	NOUN
fbem-27720	236	3	3	3	NUM
fbem-27720	236	4	,	,	PUNCT
fbem-27720	236	5	this	this	DET
fbem-27720	236	6	study	study	NOUN
fbem-27720	236	7	tests	test	VERB
fbem-27720	236	8	the	the	DET
fbem-27720	236	9	hypotheses	hypothesis	NOUN
fbem-27720	236	10	for	for	ADP
fbem-27720	236	11	sops	sop	NOUN
fbem-27720	236	12	1	1	NUM
fbem-27720	236	13	through	through	ADP
fbem-27720	236	14	3	3	NUM
fbem-27720	236	15	using	use	VERB
fbem-27720	236	16	simple	simple	ADJ
fbem-27720	236	17	linear	linear	ADJ
fbem-27720	236	18	regression	regression	NOUN
fbem-27720	236	19	and	and	CCONJ
fbem-27720	236	20	mediated	mediate	VERB
fbem-27720	236	21	linear	linear	ADJ
fbem-27720	236	22	regression	regression	NOUN
fbem-27720	236	23	,	,	PUNCT
fbem-27720	236	24	respectively	respectively	ADV
fbem-27720	236	25	.	.	PUNCT
fbem-27720	237	1	the	the	DET
fbem-27720	237	2	results	result	NOUN
fbem-27720	237	3	show	show	VERB
fbem-27720	237	4	a	a	DET
fbem-27720	237	5	positive	positive	ADJ
fbem-27720	237	6	correlation	correlation	NOUN
fbem-27720	237	7	.	.	PUNCT
fbem-27720	238	1	given	give	VERB
fbem-27720	238	2	this	this	PRON
fbem-27720	238	3	,	,	PUNCT
fbem-27720	238	4	it	it	PRON
fbem-27720	238	5	can	can	AUX
fbem-27720	238	6	use	use	VERB
fbem-27720	238	7	r²	r²	NOUN
fbem-27720	238	8	as	as	ADP
fbem-27720	238	9	an	an	DET
fbem-27720	238	10	effective	effective	ADJ
fbem-27720	238	11	indicator	indicator	NOUN
fbem-27720	238	12	of	of	ADP
fbem-27720	238	13	each	each	DET
fbem-27720	238	14	model	model	NOUN
fbem-27720	238	15	's	's	PART
fbem-27720	238	16	explanatory	explanatory	ADJ
fbem-27720	238	17	strength	strength	NOUN
fbem-27720	238	18	.	.	PUNCT
fbem-27720	239	1	for	for	ADP
fbem-27720	239	2	this	this	DET
fbem-27720	239	3	reason	reason	NOUN
fbem-27720	239	4	,	,	PUNCT
fbem-27720	239	5	this	this	DET
fbem-27720	239	6	study	study	NOUN
fbem-27720	239	7	uses	use	VERB
fbem-27720	239	8	r2	r2	PROPN
fbem-27720	239	9	as	as	ADP
fbem-27720	239	10	the	the	DET
fbem-27720	239	11	basis	basis	NOUN
fbem-27720	239	12	above	above	ADV
fbem-27720	239	13	and	and	CCONJ
fbem-27720	239	14	select	select	VERB
fbem-27720	239	15	the	the	DET
fbem-27720	239	16	regression	regression	NOUN
fbem-27720	239	17	model	model	NOUN
fbem-27720	239	18	with	with	ADP
fbem-27720	239	19	the	the	DET
fbem-27720	239	20	strongest	strong	ADJ
fbem-27720	239	21	explanation	explanation	NOUN
fbem-27720	239	22	for	for	ADP
fbem-27720	239	23	each	each	DET
fbem-27720	239	24	hypothesis	hypothesis	NOUN
fbem-27720	239	25	.	.	PUNCT
fbem-27720	240	1	the	the	DET
fbem-27720	240	2	best	good	ADJ
fbem-27720	240	3	model	model	NOUN
fbem-27720	240	4	to	to	PART
fbem-27720	240	5	illustrate	illustrate	VERB
fbem-27720	240	6	sop	sop	PROPN
fbem-27720	240	7	1	1	NUM
fbem-27720	240	8	is	be	AUX
fbem-27720	240	9	below	below	ADV
fbem-27720	240	10	:	:	PUNCT
fbem-27720	241	1	roi=-0.006	roi=-0.006	X
fbem-27720	241	2	+	+	NOUN
fbem-27720	241	3	0.389rdh-0.008lev-0.048cash-0.008growth0.004loss+0.001indep-0.006dual0.023top5	0.389rdh-0.008lev-0.048cash-0.008growth0.004loss+0.001indep-0.006dual0.023top5	ADJ
fbem-27720	241	4	+	+	ADJ
fbem-27720	241	5	0.003tq+0.003listage+0.002big4+∑	0.003tq+0.003listage+0.002big4+∑	ADJ
fbem-27720	241	6	year	year	NOUN
fbem-27720	241	7	+	+	CCONJ
fbem-27720	241	8	∑	∑	PUNCT
fbem-27720	241	9	industry	industry	NOUN
fbem-27720	241	10	+	+	CCONJ
fbem-27720	241	11	εit	εit	NOUN
fbem-27720	241	12	(	(	PUNCT
fbem-27720	241	13	model	model	NOUN
fbem-27720	241	14	2	2	NUM
fbem-27720	241	15	)	)	PUNCT
fbem-27720	241	16	figure	figure	NOUN
fbem-27720	241	17	2	2	NUM
fbem-27720	241	18	.	.	PUNCT
fbem-27720	242	1	a	a	DET
fbem-27720	242	2	development	development	NOUN
fbem-27720	242	3	of	of	ADP
fbem-27720	242	4	financial	financial	ADJ
fbem-27720	242	5	performance	performance	NOUN
fbem-27720	242	6	test	test	NOUN
fbem-27720	242	7	model	model	NOUN
fbem-27720	242	8	r&d	r&d	NOUN
fbem-27720	242	9	investment	investment	NOUN
fbem-27720	242	10	significantly	significantly	ADV
fbem-27720	242	11	impacts	impact	VERB
fbem-27720	242	12	r&d	r&d	NOUN
fbem-27720	242	13	output	output	NOUN
fbem-27720	242	14	,	,	PUNCT
fbem-27720	242	15	as	as	ADP
fbem-27720	242	16	the	the	DET
fbem-27720	242	17	data	datum	NOUN
fbem-27720	242	18	and	and	CCONJ
fbem-27720	242	19	model	model	NOUN
fbem-27720	242	20	of	of	ADP
fbem-27720	242	21	sop	sop	PROPN
fbem-27720	242	22	2	2	NUM
fbem-27720	242	23	further	far	ADV
fbem-27720	242	24	demonstrate	demonstrate	NOUN
fbem-27720	242	25	.	.	PUNCT
fbem-27720	243	1	rdr	rdr	PROPN
fbem-27720	243	2	and	and	CCONJ
fbem-27720	243	3	rdh	rdh	PROPN
fbem-27720	243	4	positively	positively	ADV
fbem-27720	243	5	influence	influence	VERB
fbem-27720	243	6	nia	nia	PROPN
fbem-27720	243	7	and	and	CCONJ
fbem-27720	243	8	patents	patent	NOUN
fbem-27720	243	9	.	.	PUNCT
fbem-27720	244	1	by	by	ADP
fbem-27720	244	2	increasing	increase	VERB
fbem-27720	244	3	rdr	rdr	NOUN
fbem-27720	244	4	and	and	CCONJ
fbem-27720	244	5	rdh	rdh	PROPN
fbem-27720	244	6	,	,	PUNCT
fbem-27720	244	7	this	this	DET
fbem-27720	244	8	study	study	NOUN
fbem-27720	244	9	can	can	AUX
fbem-27720	244	10	encourage	encourage	VERB
fbem-27720	244	11	enterprises	enterprise	NOUN
fbem-27720	244	12	to	to	PART
fbem-27720	244	13	produce	produce	VERB
fbem-27720	244	14	more	more	ADJ
fbem-27720	244	15	innovative	innovative	ADJ
fbem-27720	244	16	results	result	NOUN
fbem-27720	244	17	,	,	PUNCT
fbem-27720	244	18	thereby	thereby	ADV
fbem-27720	244	19	enhancing	enhance	VERB
fbem-27720	244	20	r&d	r&d	NOUN
fbem-27720	244	21	output	output	NOUN
fbem-27720	244	22	.	.	PUNCT
fbem-27720	245	1	the	the	DET
fbem-27720	245	2	best	good	ADJ
fbem-27720	245	3	model	model	NOUN
fbem-27720	245	4	to	to	PART
fbem-27720	245	5	illustrate	illustrate	VERB
fbem-27720	245	6	sop	sop	PROPN
fbem-27720	245	7	2	2	NUM
fbem-27720	245	8	is	be	AUX
fbem-27720	245	9	below	below	ADV
fbem-27720	245	10	:	:	PUNCT
fbem-27720	245	11	nia=16.881	nia=16.881	NUM
fbem-27720	245	12	+	+	NOUN
fbem-27720	245	13	5.457rdh-0.088lev-0.048cash0.009growth+0.097loss-0.004indep+0.053dual0.266top5	5.457rdh-0.088lev-0.048cash0.009growth+0.097loss-0.004indep+0.053dual0.266top5	NUM
fbem-27720	245	14	+	+	SYM
fbem-27720	245	15	0.033tq+0.028listage-0.077big4+∑	0.033tq+0.028listage-0.077big4+∑	NUM
fbem-27720	245	16	year	year	NOUN
fbem-27720	245	17	+	+	CCONJ
fbem-27720	245	18	∑	∑	PUNCT
fbem-27720	245	19	industry	industry	NOUN
fbem-27720	245	20	+	+	CCONJ
fbem-27720	245	21	εit	εit	NOUN
fbem-27720	245	22	(	(	PUNCT
fbem-27720	245	23	model	model	NOUN
fbem-27720	245	24	12	12	NUM
fbem-27720	245	25	)	)	PUNCT
fbem-27720	245	26	sop	sop	PROPN
fbem-27720	245	27	3	3	NUM
fbem-27720	245	28	's	's	PART
fbem-27720	245	29	data	datum	NOUN
fbem-27720	245	30	and	and	CCONJ
fbem-27720	245	31	model	model	NOUN
fbem-27720	245	32	show	show	VERB
fbem-27720	245	33	that	that	SCONJ
fbem-27720	245	34	investing	invest	VERB
fbem-27720	245	35	in	in	ADP
fbem-27720	245	36	r&d	r&d	NOUN
fbem-27720	245	37	significantly	significantly	ADV
fbem-27720	245	38	impacts	impact	VERB
fbem-27720	245	39	financial	financial	ADJ
fbem-27720	245	40	performance	performance	NOUN
fbem-27720	245	41	by	by	ADP
fbem-27720	245	42	introducing	introduce	VERB
fbem-27720	245	43	r&d	r&d	NOUN
fbem-27720	245	44	output	output	NOUN
fbem-27720	245	45	.	.	PUNCT
fbem-27720	246	1	the	the	DET
fbem-27720	246	2	research	research	NOUN
fbem-27720	246	3	results	result	NOUN
fbem-27720	246	4	show	show	VERB
fbem-27720	246	5	that	that	SCONJ
fbem-27720	246	6	rdr	rdr	NOUN
fbem-27720	246	7	and	and	CCONJ
fbem-27720	246	8	rdh	rdh	NOUN
fbem-27720	246	9	not	not	PART
fbem-27720	246	10	only	only	ADV
fbem-27720	246	11	directly	directly	ADV
fbem-27720	246	12	affect	affect	VERB
fbem-27720	246	13	financial	financial	ADJ
fbem-27720	246	14	performance	performance	NOUN
fbem-27720	246	15	but	but	CCONJ
fbem-27720	246	16	also	also	ADV
fbem-27720	246	17	indirectly	indirectly	ADV
fbem-27720	246	18	promote	promote	VERB
fbem-27720	246	19	it	it	PRON
fbem-27720	246	20	by	by	ADP
fbem-27720	246	21	increasing	increase	VERB
fbem-27720	246	22	r&d	r&d	NOUN
fbem-27720	246	23	output	output	NOUN
fbem-27720	246	24	.	.	PUNCT
fbem-27720	247	1	this	this	PRON
fbem-27720	247	2	deepens	deepen	VERB
fbem-27720	247	3	our	our	PRON
fbem-27720	247	4	understanding	understanding	NOUN
fbem-27720	247	5	of	of	ADP
fbem-27720	247	6	the	the	DET
fbem-27720	247	7	impact	impact	NOUN
fbem-27720	247	8	of	of	ADP
fbem-27720	247	9	r&d	r&d	NOUN
fbem-27720	247	10	investment	investment	NOUN
fbem-27720	247	11	through	through	ADP
fbem-27720	247	12	nia	nia	PROPN
fbem-27720	247	13	and	and	CCONJ
fbem-27720	247	14	patents	patent	NOUN
fbem-27720	247	15	on	on	ADP
fbem-27720	247	16	financial	financial	ADJ
fbem-27720	247	17	performance	performance	NOUN
fbem-27720	247	18	.	.	PUNCT
fbem-27720	248	1	the	the	DET
fbem-27720	248	2	best	good	ADJ
fbem-27720	248	3	model	model	NOUN
fbem-27720	248	4	to	to	PART
fbem-27720	248	5	illustrate	illustrate	VERB
fbem-27720	248	6	sop	sop	PROPN
fbem-27720	248	7	3	3	NUM
fbem-27720	248	8	is	be	AUX
fbem-27720	248	9	below	below	ADV
fbem-27720	248	10	:	:	PUNCT
fbem-27720	248	11	roe=-0.317	roe=-0.317	NOUN
fbem-27720	248	12	+	+	NOUN
fbem-27720	248	13	0.500rdh+0.030patent+0.058lev0.130cash+0.004growth-0.034loss+0.001indep0.028dual-0.020top5	0.500rdh+0.030patent+0.058lev0.130cash+0.004growth-0.034loss+0.001indep0.028dual-0.020top5	ADJ
fbem-27720	248	14	+	+	ADJ
fbem-27720	248	15	0.009tq+0.013listage0.016big4+∑	0.009tq+0.013listage0.016big4+∑	ADJ
fbem-27720	248	16	year	year	NOUN
fbem-27720	248	17	+	+	CCONJ
fbem-27720	248	18	∑	∑	PUNCT
fbem-27720	248	19	industry	industry	NOUN
fbem-27720	248	20	+	+	CCONJ
fbem-27720	248	21	εit	εit	NOUN
fbem-27720	248	22	(	(	PUNCT
fbem-27720	248	23	model	model	NOUN
fbem-27720	248	24	20	20	NUM
fbem-27720	248	25	)	)	PUNCT
fbem-27720	248	26	4	4	NUM
fbem-27720	248	27	.	.	PUNCT
fbem-27720	249	1	conclusions	conclusion	NOUN
fbem-27720	249	2	using	use	VERB
fbem-27720	249	3	simple	simple	ADJ
fbem-27720	249	4	linear	linear	ADJ
fbem-27720	249	5	regression	regression	NOUN
fbem-27720	249	6	,	,	PUNCT
fbem-27720	249	7	this	this	DET
fbem-27720	249	8	study	study	NOUN
fbem-27720	249	9	looks	look	VERB
fbem-27720	249	10	at	at	ADP
fbem-27720	249	11	how	how	SCONJ
fbem-27720	249	12	r&d	r&d	NOUN
fbem-27720	249	13	spending	spending	NOUN
fbem-27720	249	14	affects	affect	VERB
fbem-27720	249	15	financial	financial	ADJ
fbem-27720	249	16	performance	performance	NOUN
fbem-27720	249	17	.	.	PUNCT
fbem-27720	250	1	rdr	rdr	PROPN
fbem-27720	250	2	and	and	CCONJ
fbem-27720	250	3	rdh	rdh	PROPN
fbem-27720	250	4	have	have	VERB
fbem-27720	250	5	a	a	DET
fbem-27720	250	6	big	big	ADJ
fbem-27720	250	7	effect	effect	NOUN
fbem-27720	250	8	on	on	ADP
fbem-27720	250	9	roi	roi	NOUN
fbem-27720	250	10	,	,	PUNCT
fbem-27720	250	11	roic	roic	ADJ
fbem-27720	250	12	,	,	PUNCT
fbem-27720	250	13	roa	roa	PROPN
fbem-27720	250	14	,	,	PUNCT
fbem-27720	250	15	and	and	CCONJ
fbem-27720	250	16	roe	roe	PROPN
fbem-27720	250	17	,	,	PUNCT
fbem-27720	250	18	which	which	PRON
fbem-27720	250	19	is	be	AUX
fbem-27720	250	20	similar	similar	ADJ
fbem-27720	250	21	to	to	ADP
fbem-27720	250	22	what	what	PRON
fbem-27720	250	23	hao	hao	PROPN
fbem-27720	250	24	jielie	jielie	PROPN
fbem-27720	250	25	found	find	VERB
fbem-27720	250	26	(	(	PUNCT
fbem-27720	250	27	hao	hao	PROPN
fbem-27720	250	28	j.l	j.l	PROPN
fbem-27720	250	29	.	.	PROPN
fbem-27720	250	30	,	,	PUNCT
fbem-27720	250	31	2019	2019	NUM
fbem-27720	250	32	)	)	PUNCT
fbem-27720	250	33	.	.	PUNCT
fbem-27720	251	1	chinese	chinese	PROPN
fbem-27720	251	2	nev	nev	PROPN
fbem-27720	251	3	enterprises	enterprise	NOUN
fbem-27720	251	4	utilize	utilize	VERB
fbem-27720	251	5	a	a	DET
fbem-27720	251	6	combination	combination	NOUN
fbem-27720	251	7	of	of	ADP
fbem-27720	251	8	r&d	r&d	NOUN
fbem-27720	251	9	capital	capital	NOUN
fbem-27720	251	10	and	and	CCONJ
fbem-27720	251	11	manpower	manpower	NOUN
fbem-27720	251	12	investment	investment	NOUN
fbem-27720	251	13	to	to	PART
fbem-27720	251	14	foster	foster	VERB
fbem-27720	251	15	technological	technological	ADJ
fbem-27720	251	16	innovation	innovation	NOUN
fbem-27720	251	17	.	.	PUNCT
fbem-27720	252	1	rdr	rdr	PROPN
fbem-27720	252	2	provided	provide	VERB
fbem-27720	252	3	the	the	DET
fbem-27720	252	4	necessary	necessary	ADJ
fbem-27720	252	5	resources	resource	NOUN
fbem-27720	252	6	for	for	ADP
fbem-27720	252	7	r&d	r&d	NOUN
fbem-27720	252	8	equipment	equipment	NOUN
fbem-27720	252	9	,	,	PUNCT
fbem-27720	252	10	materials	material	NOUN
fbem-27720	252	11	,	,	PUNCT
fbem-27720	252	12	and	and	CCONJ
fbem-27720	252	13	external	external	ADJ
fbem-27720	252	14	collaboration	collaboration	NOUN
fbem-27720	252	15	,	,	PUNCT
fbem-27720	252	16	while	while	SCONJ
fbem-27720	252	17	rdh	rdh	NOUN
fbem-27720	252	18	provided	provide	VERB
fbem-27720	252	19	critical	critical	ADJ
fbem-27720	252	20	technical	technical	ADJ
fbem-27720	252	21	and	and	CCONJ
fbem-27720	252	22	intellectual	intellectual	ADJ
fbem-27720	252	23	support	support	NOUN
fbem-27720	252	24	(	(	PUNCT
fbem-27720	252	25	zhang	zhang	PROPN
fbem-27720	252	26	l.	l.	PROPN
fbem-27720	252	27	,	,	PUNCT
fbem-27720	252	28	2024	2024	NUM
fbem-27720	252	29	)	)	PUNCT
fbem-27720	252	30	.	.	PUNCT
fbem-27720	253	1	the	the	DET
fbem-27720	253	2	combination	combination	NOUN
fbem-27720	253	3	of	of	ADP
fbem-27720	253	4	the	the	DET
fbem-27720	253	5	two	two	NUM
fbem-27720	253	6	can	can	AUX
fbem-27720	253	7	accelerate	accelerate	VERB
fbem-27720	253	8	technological	technological	ADJ
fbem-27720	253	9	breakthroughs	breakthrough	NOUN
fbem-27720	253	10	and	and	CCONJ
fbem-27720	253	11	new	new	ADJ
fbem-27720	253	12	products	product	NOUN
fbem-27720	253	13	,	,	PUNCT
fbem-27720	253	14	enhance	enhance	VERB
fbem-27720	253	15	chinese	chinese	ADJ
fbem-27720	253	16	nev	nev	PROPN
fbem-27720	253	17	enterprises	enterprise	NOUN
fbem-27720	253	18	in	in	ADP
fbem-27720	253	19	the	the	DET
fbem-27720	253	20	market	market	NOUN
fbem-27720	253	21	(	(	PUNCT
fbem-27720	253	22	chen	chen	PROPN
fbem-27720	253	23	and	and	CCONJ
fbem-27720	253	24	zhao	zhao	PROPN
fbem-27720	253	25	,	,	PUNCT
fbem-27720	253	26	2022	2022	NUM
fbem-27720	253	27	)	)	PUNCT
fbem-27720	253	28	,	,	PUNCT
fbem-27720	253	29	and	and	CCONJ
fbem-27720	253	30	promote	promote	VERB
fbem-27720	253	31	financial	financial	ADJ
fbem-27720	253	32	performance	performance	NOUN
fbem-27720	253	33	,	,	PUNCT
fbem-27720	253	34	such	such	ADJ
fbem-27720	253	35	as	as	ADP
fbem-27720	253	36	roi	roi	NOUN
fbem-27720	253	37	,	,	PUNCT
fbem-27720	253	38	roic	roic	ADJ
fbem-27720	253	39	,	,	PUNCT
fbem-27720	253	40	roa	roa	PROPN
fbem-27720	253	41	,	,	PUNCT
fbem-27720	253	42	and	and	CCONJ
fbem-27720	253	43	roe	roe	NOUN
fbem-27720	253	44	.	.	PUNCT
fbem-27720	254	1	rdr	rdr	PROPN
fbem-27720	254	2	and	and	CCONJ
fbem-27720	254	3	rdh	rdh	PROPN
fbem-27720	254	4	have	have	VERB
fbem-27720	254	5	a	a	DET
fbem-27720	254	6	big	big	ADJ
fbem-27720	254	7	effect	effect	NOUN
fbem-27720	254	8	on	on	ADP
fbem-27720	254	9	patents	patent	NOUN
fbem-27720	254	10	and	and	CCONJ
fbem-27720	254	11	nia	nia	PROPN
fbem-27720	254	12	,	,	PUNCT
fbem-27720	254	13	as	as	SCONJ
fbem-27720	254	14	shown	show	VERB
fbem-27720	254	15	by	by	ADP
fbem-27720	254	16	simple	simple	ADJ
fbem-27720	254	17	linear	linear	PROPN
fbem-27720	254	18	regression	regression	NOUN
fbem-27720	254	19	lei	lei	PROPN
fbem-27720	254	20	,	,	PUNCT
fbem-27720	254	21	z.	z.	PROPN
fbem-27720	254	22	h.	h.	PROPN
fbem-27720	254	23	,	,	PUNCT
fbem-27720	254	24	&	&	CCONJ
fbem-27720	254	25	ran	run	VERB
fbem-27720	254	26	,	,	PUNCT
fbem-27720	254	27	y.	y.	NOUN
fbem-27720	254	28	,	,	PUNCT
fbem-27720	254	29	2022	2022	NUM
fbem-27720	254	30	;	;	PUNCT
fbem-27720	254	31	chen	chen	PROPN
fbem-27720	254	32	,	,	PUNCT
fbem-27720	254	33	y.	y.	PROPN
fbem-27720	254	34	,	,	PUNCT
fbem-27720	254	35	et	et	PROPN
fbem-27720	254	36	al	al	PROPN
fbem-27720	254	37	.	.	PROPN
fbem-27720	254	38	,	,	PUNCT
fbem-27720	254	39	2023	2023	NUM
fbem-27720	254	40	)	)	PUNCT
fbem-27720	254	41	in	in	ADP
fbem-27720	254	42	the	the	DET
fbem-27720	254	43	study	study	NOUN
fbem-27720	254	44	.	.	PUNCT
fbem-27720	255	1	r&d	r&d	NOUN
fbem-27720	255	2	provides	provide	VERB
fbem-27720	255	3	the	the	DET
fbem-27720	255	4	necessary	necessary	ADJ
fbem-27720	255	5	financial	financial	ADJ
fbem-27720	255	6	support	support	NOUN
fbem-27720	255	7	for	for	ADP
fbem-27720	255	8	r&d	r&d	NOUN
fbem-27720	255	9	activities	activity	NOUN
fbem-27720	255	10	,	,	PUNCT
fbem-27720	255	11	enabling	enable	VERB
fbem-27720	255	12	the	the	DET
fbem-27720	255	13	procurement	procurement	NOUN
fbem-27720	255	14	of	of	ADP
fbem-27720	255	15	necessary	necessary	ADJ
fbem-27720	255	16	resources	resource	NOUN
fbem-27720	255	17	such	such	ADJ
fbem-27720	255	18	as	as	ADP
fbem-27720	255	19	equipment	equipment	NOUN
fbem-27720	255	20	,	,	PUNCT
fbem-27720	255	21	materials	material	NOUN
fbem-27720	255	22	,	,	PUNCT
fbem-27720	255	23	and	and	CCONJ
fbem-27720	255	24	technology	technology	NOUN
fbem-27720	255	25	platforms	platform	NOUN
fbem-27720	255	26	.	.	PUNCT
fbem-27720	256	1	rdh	rdh	PROPN
fbem-27720	256	2	boosts	boost	VERB
fbem-27720	256	3	chinese	chinese	PROPN
fbem-27720	256	4	nev	nev	PROPN
fbem-27720	256	5	firms	firm	NOUN
fbem-27720	256	6	'	'	PART
fbem-27720	256	7	innovation	innovation	NOUN
fbem-27720	256	8	,	,	PUNCT
fbem-27720	256	9	with	with	ADP
fbem-27720	256	10	skilled	skilled	ADJ
fbem-27720	256	11	teams	team	NOUN
fbem-27720	256	12	enhancing	enhance	VERB
fbem-27720	256	13	tech	tech	NOUN
fbem-27720	256	14	development	development	NOUN
fbem-27720	256	15	,	,	PUNCT
fbem-27720	256	16	increasing	increase	VERB
fbem-27720	256	17	patents	patent	NOUN
fbem-27720	256	18	,	,	PUNCT
fbem-27720	256	19	and	and	CCONJ
fbem-27720	256	20	improving	improve	VERB
fbem-27720	256	21	tech	tech	NOUN
fbem-27720	256	22	transfer	transfer	NOUN
fbem-27720	256	23	efficiency	efficiency	NOUN
fbem-27720	256	24	.	.	PUNCT
fbem-27720	257	1	growing	grow	VERB
fbem-27720	257	2	rdr	rdr	NOUN
fbem-27720	257	3	and	and	CCONJ
fbem-27720	257	4	rdh	rdh	NOUN
fbem-27720	257	5	enables	enable	VERB
fbem-27720	257	6	chinese	chinese	ADJ
fbem-27720	257	7	nev	nev	ADJ
fbem-27720	257	8	firms	firm	NOUN
fbem-27720	257	9	to	to	PART
fbem-27720	257	10	accumulate	accumulate	VERB
fbem-27720	257	11	tech	tech	NOUN
fbem-27720	257	12	knowledge	knowledge	NOUN
fbem-27720	257	13	,	,	PUNCT
fbem-27720	257	14	enhancing	enhance	VERB
fbem-27720	257	15	current	current	ADJ
fbem-27720	257	16	and	and	CCONJ
fbem-27720	257	17	future	future	ADJ
fbem-27720	257	18	r&d	r&d	NOUN
fbem-27720	257	19	,	,	PUNCT
fbem-27720	257	20	sustaining	sustain	VERB
fbem-27720	257	21	long	long	ADJ
fbem-27720	257	22	-	-	PUNCT
fbem-27720	257	23	term	term	NOUN
fbem-27720	257	24	innovation	innovation	NOUN
fbem-27720	257	25	,	,	PUNCT
fbem-27720	257	26	and	and	CCONJ
fbem-27720	257	27	boosting	boost	VERB
fbem-27720	257	28	r&d	r&d	NOUN
fbem-27720	257	29	output	output	NOUN
fbem-27720	257	30	.	.	PUNCT
fbem-27720	258	1	the	the	DET
fbem-27720	258	2	accumulation	accumulation	NOUN
fbem-27720	258	3	of	of	ADP
fbem-27720	258	4	patents	patent	NOUN
fbem-27720	258	5	and	and	CCONJ
fbem-27720	258	6	nia	nia	PROPN
fbem-27720	258	7	can	can	AUX
fbem-27720	258	8	further	far	ADV
fbem-27720	258	9	promote	promote	VERB
fbem-27720	258	10	the	the	DET
fbem-27720	258	11	rdr	rdr	NOUN
fbem-27720	258	12	,	,	PUNCT
fbem-27720	258	13	rdh	rdh	PROPN
fbem-27720	258	14	,	,	PUNCT
fbem-27720	258	15	roi	roi	NOUN
fbem-27720	258	16	,	,	PUNCT
fbem-27720	258	17	roic	roic	ADJ
fbem-27720	258	18	,	,	PUNCT
fbem-27720	258	19	roa	roa	PROPN
fbem-27720	258	20	,	,	PUNCT
fbem-27720	258	21	and	and	CCONJ
fbem-27720	258	22	roe	roe	PROPN
fbem-27720	258	23	in	in	ADP
fbem-27720	258	24	chinese	chinese	PROPN
fbem-27720	258	25	nev	nev	PROPN
fbem-27720	258	26	enterprises	enterprise	NOUN
fbem-27720	258	27	(	(	PUNCT
fbem-27720	258	28	zhao	zhao	X
fbem-27720	258	29	,	,	PUNCT
fbem-27720	258	30	y.	y.	PROPN
fbem-27720	258	31	,	,	PUNCT
fbem-27720	258	32	et	et	PROPN
fbem-27720	258	33	al	al	PROPN
fbem-27720	258	34	.	.	PROPN
fbem-27720	258	35	,	,	PUNCT
fbem-27720	258	36	2021	2021	NUM
fbem-27720	258	37	)	)	PUNCT
fbem-27720	258	38	.	.	PUNCT
fbem-27720	259	1	increasing	increase	VERB
fbem-27720	259	2	r&d	r&d	NOUN
fbem-27720	259	3	investment	investment	NOUN
fbem-27720	259	4	enables	enable	VERB
fbem-27720	259	5	chinese	chinese	ADJ
fbem-27720	259	6	nev	nev	ADJ
fbem-27720	259	7	firms	firm	NOUN
fbem-27720	259	8	to	to	PART
fbem-27720	259	9	produce	produce	VERB
fbem-27720	259	10	more	more	ADJ
fbem-27720	259	11	patents	patent	NOUN
fbem-27720	259	12	and	and	CCONJ
fbem-27720	259	13	innovations	innovation	NOUN
fbem-27720	259	14	,	,	PUNCT
fbem-27720	259	15	improving	improve	VERB
fbem-27720	259	16	ip	ip	DET
fbem-27720	259	17	protection	protection	NOUN
fbem-27720	259	18	and	and	CCONJ
fbem-27720	259	19	market	market	NOUN
fbem-27720	259	20	competitiveness	competitiveness	NOUN
fbem-27720	259	21	.	.	PUNCT
fbem-27720	260	1	this	this	PRON
fbem-27720	260	2	leads	lead	VERB
fbem-27720	260	3	to	to	ADP
fbem-27720	260	4	higher	high	ADJ
fbem-27720	260	5	technical	technical	ADJ
fbem-27720	260	6	barriers	barrier	NOUN
fbem-27720	260	7	and	and	CCONJ
fbem-27720	260	8	better	well	ADJ
fbem-27720	260	9	financial	financial	ADJ
fbem-27720	260	10	performance	performance	NOUN
fbem-27720	260	11	,	,	PUNCT
fbem-27720	260	12	including	include	VERB
fbem-27720	260	13	higher	high	ADJ
fbem-27720	260	14	roi	roi	NOUN
fbem-27720	260	15	and	and	CCONJ
fbem-27720	260	16	roe	roe	NOUN
fbem-27720	260	17	.	.	PUNCT
fbem-27720	261	1	patents	patent	NOUN
fbem-27720	261	2	,	,	PUNCT
fbem-27720	261	3	as	as	ADP
fbem-27720	261	4	intangible	intangible	ADJ
fbem-27720	261	5	assets	asset	NOUN
fbem-27720	261	6	,	,	PUNCT
fbem-27720	261	7	provide	provide	VERB
fbem-27720	261	8	chinese	chinese	ADJ
fbem-27720	261	9	nev	nev	ADJ
fbem-27720	261	10	firms	firm	NOUN
fbem-27720	261	11	with	with	ADP
fbem-27720	261	12	stable	stable	ADJ
fbem-27720	261	13	technology	technology	NOUN
fbem-27720	261	14	licensing	licensing	NOUN
fbem-27720	261	15	revenue	revenue	NOUN
fbem-27720	261	16	and	and	CCONJ
fbem-27720	261	17	market	market	NOUN
fbem-27720	261	18	share	share	NOUN
fbem-27720	261	19	over	over	ADP
fbem-27720	261	20	time	time	NOUN
fbem-27720	261	21	.	.	PUNCT
fbem-27720	262	1	transforming	transform	VERB
fbem-27720	262	2	r&d	r&d	NOUN
fbem-27720	262	3	into	into	ADP
fbem-27720	262	4	market	market	NOUN
fbem-27720	262	5	-	-	PUNCT
fbem-27720	262	6	ready	ready	ADJ
fbem-27720	262	7	products	product	NOUN
fbem-27720	262	8	enhances	enhance	VERB
fbem-27720	262	9	roa	roa	NOUN
fbem-27720	262	10	and	and	CCONJ
fbem-27720	262	11	roic	roic	ADJ
fbem-27720	262	12	.	.	PUNCT
fbem-27720	263	1	5	5	X
fbem-27720	263	2	.	.	X
fbem-27720	263	3	recommendations	recommendation	NOUN
fbem-27720	263	4	two	two	NUM
fbem-27720	263	5	recommendations	recommendation	NOUN
fbem-27720	263	6	could	could	AUX
fbem-27720	263	7	potentially	potentially	ADV
fbem-27720	263	8	enhance	enhance	VERB
fbem-27720	263	9	investment	investment	NOUN
fbem-27720	263	10	in	in	ADP
fbem-27720	263	11	rdr	rdr	PROPN
fbem-27720	263	12	,	,	PUNCT
fbem-27720	263	13	rdh	rdh	PROPN
fbem-27720	263	14	,	,	PUNCT
fbem-27720	263	15	roi	roi	NOUN
fbem-27720	263	16	,	,	PUNCT
fbem-27720	263	17	roic	roic	ADJ
fbem-27720	263	18	,	,	PUNCT
fbem-27720	263	19	roa	roa	PROPN
fbem-27720	263	20	,	,	PUNCT
fbem-27720	263	21	and	and	CCONJ
fbem-27720	263	22	roe	roe	NOUN
fbem-27720	263	23	.	.	PUNCT
fbem-27720	264	1	on	on	ADP
fbem-27720	264	2	the	the	DET
fbem-27720	264	3	one	one	NUM
fbem-27720	264	4	hand	hand	NOUN
fbem-27720	264	5	,	,	PUNCT
fbem-27720	264	6	the	the	DET
fbem-27720	264	7	chinese	chinese	ADJ
fbem-27720	264	8	government	government	NOUN
fbem-27720	264	9	should	should	AUX
fbem-27720	264	10	introduce	introduce	VERB
fbem-27720	264	11	and	and	CCONJ
fbem-27720	264	12	improve	improve	VERB
fbem-27720	264	13	tax	tax	NOUN
fbem-27720	264	14	incentives	incentive	NOUN
fbem-27720	264	15	and	and	CCONJ
fbem-27720	264	16	subsidies	subsidy	NOUN
fbem-27720	264	17	to	to	PART
fbem-27720	264	18	support	support	VERB
fbem-27720	264	19	the	the	DET
fbem-27720	264	20	r&d	r&d	NOUN
fbem-27720	264	21	of	of	ADP
fbem-27720	264	22	nev	nev	PROPN
fbem-27720	264	23	companies	company	NOUN
fbem-27720	264	24	,	,	PUNCT
fbem-27720	264	25	such	such	ADJ
fbem-27720	264	26	as	as	ADP
fbem-27720	264	27	increasing	increase	VERB
fbem-27720	264	28	the	the	DET
fbem-27720	264	29	r&d	r&d	NOUN
fbem-27720	264	30	cost	cost	NOUN
fbem-27720	264	31	deduction	deduction	NOUN
fbem-27720	264	32	before	before	ADP
fbem-27720	264	33	taxes	taxis	NOUN
fbem-27720	264	34	and	and	CCONJ
fbem-27720	264	35	simplifying	simplify	VERB
fbem-27720	264	36	the	the	DET
fbem-27720	264	37	application	application	NOUN
fbem-27720	264	38	process	process	NOUN
fbem-27720	264	39	so	so	SCONJ
fbem-27720	264	40	as	as	SCONJ
fbem-27720	264	41	to	to	PART
fbem-27720	264	42	encourage	encourage	VERB
fbem-27720	264	43	enterprises	enterprise	NOUN
fbem-27720	264	44	to	to	PART
fbem-27720	264	45	continue	continue	VERB
fbem-27720	264	46	to	to	PART
fbem-27720	264	47	increase	increase	VERB
fbem-27720	264	48	rdr	rdr	NOUN
fbem-27720	264	49	and	and	CCONJ
fbem-27720	264	50	rdh	rdh	NOUN
fbem-27720	264	51	.	.	PUNCT
fbem-27720	265	1	on	on	ADP
fbem-27720	265	2	the	the	DET
fbem-27720	265	3	other	other	ADJ
fbem-27720	265	4	hand	hand	NOUN
fbem-27720	265	5	,	,	PUNCT
fbem-27720	265	6	new	new	ADJ
fbem-27720	265	7	energy	energy	NOUN
fbem-27720	265	8	vehicle	vehicle	NOUN
fbem-27720	265	9	companies	company	NOUN
fbem-27720	265	10	should	should	AUX
fbem-27720	265	11	incorporate	incorporate	VERB
fbem-27720	265	12	r&d	r&d	NOUN
fbem-27720	265	13	investment	investment	NOUN
fbem-27720	265	14	into	into	ADP
fbem-27720	265	15	their	their	PRON
fbem-27720	265	16	long	long	ADJ
fbem-27720	265	17	-	-	PUNCT
fbem-27720	265	18	term	term	NOUN
fbem-27720	265	19	strategies	strategy	NOUN
fbem-27720	265	20	,	,	PUNCT
fbem-27720	265	21	establish	establish	VERB
fbem-27720	265	22	a	a	DET
fbem-27720	265	23	special	special	ADJ
fbem-27720	265	24	r&d	r&d	NOUN
fbem-27720	265	25	department	department	NOUN
fbem-27720	265	26	and	and	CCONJ
fbem-27720	265	27	project	project	NOUN
fbem-27720	265	28	evaluation	evaluation	NOUN
fbem-27720	265	29	system	system	NOUN
fbem-27720	265	30	,	,	PUNCT
fbem-27720	265	31	evaluate	evaluate	VERB
fbem-27720	265	32	projects	project	NOUN
fbem-27720	265	33	according	accord	VERB
fbem-27720	265	34	to	to	ADP
fbem-27720	265	35	market	market	NOUN
fbem-27720	265	36	prospects	prospect	NOUN
fbem-27720	265	37	and	and	CCONJ
fbem-27720	265	38	technical	technical	ADJ
fbem-27720	265	39	potential	potential	NOUN
fbem-27720	265	40	,	,	PUNCT
fbem-27720	265	41	and	and	CCONJ
fbem-27720	265	42	prioritize	prioritize	VERB
fbem-27720	265	43	resources	resource	NOUN
fbem-27720	265	44	to	to	ADP
fbem-27720	265	45	r&d	r&d	NOUN
fbem-27720	265	46	projects	project	NOUN
fbem-27720	265	47	with	with	ADP
fbem-27720	265	48	high	high	ADJ
fbem-27720	265	49	growth	growth	NOUN
fbem-27720	265	50	and	and	CCONJ
fbem-27720	265	51	market	market	NOUN
fbem-27720	265	52	prospects	prospect	NOUN
fbem-27720	265	53	.	.	PUNCT
fbem-27720	266	1	to	to	PART
fbem-27720	266	2	enhance	enhance	VERB
fbem-27720	266	3	the	the	DET
fbem-27720	266	4	influence	influence	NOUN
fbem-27720	266	5	of	of	ADP
fbem-27720	266	6	rdr	rdr	NOUN
fbem-27720	266	7	and	and	CCONJ
fbem-27720	266	8	rdh	rdh	NOUN
fbem-27720	266	9	on	on	ADP
fbem-27720	266	10	patents	patent	NOUN
fbem-27720	266	11	and	and	CCONJ
fbem-27720	266	12	nias	nia	NOUN
fbem-27720	266	13	,	,	PUNCT
fbem-27720	266	14	our	our	PRON
fbem-27720	266	15	research	research	NOUN
fbem-27720	266	16	proposes	propose	VERB
fbem-27720	266	17	two	two	NUM
fbem-27720	266	18	key	key	ADJ
fbem-27720	266	19	recommendations	recommendation	NOUN
fbem-27720	266	20	.	.	PUNCT
fbem-27720	267	1	on	on	ADP
fbem-27720	267	2	the	the	DET
fbem-27720	267	3	one	one	NUM
fbem-27720	267	4	side	side	NOUN
fbem-27720	267	5	,	,	PUNCT
fbem-27720	267	6	the	the	DET
fbem-27720	267	7	nev	nev	PROPN
fbem-27720	267	8	industry	industry	NOUN
fbem-27720	267	9	association	association	NOUN
fbem-27720	267	10	should	should	AUX
fbem-27720	267	11	formulate	formulate	VERB
fbem-27720	267	12	an	an	DET
fbem-27720	267	13	industry	industry	NOUN
fbem-27720	267	14	technology	technology	NOUN
fbem-27720	267	15	roadmap	roadmap	NOUN
fbem-27720	267	16	to	to	PART
fbem-27720	267	17	provide	provide	VERB
fbem-27720	267	18	r&d	r&d	NOUN
fbem-27720	267	19	guidance	guidance	NOUN
fbem-27720	267	20	for	for	ADP
fbem-27720	267	21	different	different	ADJ
fbem-27720	267	22	market	market	NOUN
fbem-27720	267	23	segments	segment	NOUN
fbem-27720	267	24	(	(	PUNCT
fbem-27720	267	25	such	such	ADJ
fbem-27720	267	26	as	as	ADP
fbem-27720	267	27	power	power	NOUN
fbem-27720	267	28	batteries	battery	NOUN
fbem-27720	267	29	,	,	PUNCT
fbem-27720	267	30	intelligent	intelligent	ADJ
fbem-27720	267	31	control	control	NOUN
fbem-27720	267	32	,	,	PUNCT
fbem-27720	267	33	etc	etc	X
fbem-27720	267	34	.	.	X
fbem-27720	267	35	)	)	PUNCT
fbem-27720	267	36	and	and	CCONJ
fbem-27720	267	37	help	help	VERB
fbem-27720	267	38	enterprises	enterprise	NOUN
fbem-27720	267	39	focus	focus	VERB
fbem-27720	267	40	on	on	ADP
fbem-27720	267	41	the	the	DET
fbem-27720	267	42	technology	technology	NOUN
fbem-27720	267	43	399	399	NUM
fbem-27720	267	44	direction	direction	NOUN
fbem-27720	267	45	with	with	ADP
fbem-27720	267	46	the	the	DET
fbem-27720	267	47	most	most	ADJ
fbem-27720	267	48	market	market	NOUN
fbem-27720	267	49	potential	potential	NOUN
fbem-27720	267	50	.	.	PUNCT
fbem-27720	268	1	industry	industry	NOUN
fbem-27720	268	2	associations	association	NOUN
fbem-27720	268	3	should	should	AUX
fbem-27720	268	4	regularly	regularly	ADV
fbem-27720	268	5	hold	hold	VERB
fbem-27720	268	6	technical	technical	ADJ
fbem-27720	268	7	exchange	exchange	NOUN
fbem-27720	268	8	activities	activity	NOUN
fbem-27720	268	9	and	and	CCONJ
fbem-27720	268	10	innovation	innovation	NOUN
fbem-27720	268	11	exhibitions	exhibition	NOUN
fbem-27720	268	12	to	to	PART
fbem-27720	268	13	help	help	VERB
fbem-27720	268	14	enterprises	enterprise	NOUN
fbem-27720	268	15	share	share	VERB
fbem-27720	268	16	technological	technological	ADJ
fbem-27720	268	17	achievements	achievement	NOUN
fbem-27720	268	18	and	and	CCONJ
fbem-27720	268	19	market	market	NOUN
fbem-27720	268	20	information	information	NOUN
fbem-27720	268	21	and	and	CCONJ
fbem-27720	268	22	enhance	enhance	VERB
fbem-27720	268	23	the	the	DET
fbem-27720	268	24	overall	overall	ADJ
fbem-27720	268	25	innovation	innovation	NOUN
fbem-27720	268	26	ability	ability	NOUN
fbem-27720	268	27	of	of	ADP
fbem-27720	268	28	the	the	DET
fbem-27720	268	29	industry	industry	NOUN
fbem-27720	268	30	.	.	PUNCT
fbem-27720	269	1	on	on	ADP
fbem-27720	269	2	the	the	DET
fbem-27720	269	3	other	other	ADJ
fbem-27720	269	4	side	side	NOUN
fbem-27720	269	5	,	,	PUNCT
fbem-27720	269	6	the	the	DET
fbem-27720	269	7	nev	nev	ADJ
fbem-27720	269	8	companies	company	NOUN
fbem-27720	269	9	should	should	AUX
fbem-27720	269	10	select	select	VERB
fbem-27720	269	11	market	market	NOUN
fbem-27720	269	12	segments	segment	NOUN
fbem-27720	269	13	according	accord	VERB
fbem-27720	269	14	to	to	ADP
fbem-27720	269	15	their	their	PRON
fbem-27720	269	16	own	own	ADJ
fbem-27720	269	17	scale	scale	NOUN
fbem-27720	269	18	and	and	CCONJ
fbem-27720	269	19	resource	resource	NOUN
fbem-27720	269	20	advantages	advantage	NOUN
fbem-27720	269	21	and	and	CCONJ
fbem-27720	269	22	continuously	continuously	ADV
fbem-27720	269	23	optimize	optimize	VERB
fbem-27720	269	24	product	product	NOUN
fbem-27720	269	25	design	design	NOUN
fbem-27720	269	26	through	through	ADP
fbem-27720	269	27	user	user	NOUN
fbem-27720	269	28	research	research	NOUN
fbem-27720	269	29	,	,	PUNCT
fbem-27720	269	30	product	product	NOUN
fbem-27720	269	31	testing	testing	NOUN
fbem-27720	269	32	,	,	PUNCT
fbem-27720	269	33	and	and	CCONJ
fbem-27720	269	34	other	other	ADJ
fbem-27720	269	35	means	mean	NOUN
fbem-27720	269	36	to	to	PART
fbem-27720	269	37	ensure	ensure	VERB
fbem-27720	269	38	that	that	SCONJ
fbem-27720	269	39	products	product	NOUN
fbem-27720	269	40	can	can	AUX
fbem-27720	269	41	meet	meet	VERB
fbem-27720	269	42	market	market	NOUN
fbem-27720	269	43	demand	demand	NOUN
fbem-27720	269	44	.	.	PUNCT
fbem-27720	270	1	businesses	business	NOUN
fbem-27720	270	2	can	can	AUX
fbem-27720	270	3	build	build	VERB
fbem-27720	270	4	a	a	DET
fbem-27720	270	5	competitive	competitive	ADJ
fbem-27720	270	6	advantage	advantage	NOUN
fbem-27720	270	7	in	in	ADP
fbem-27720	270	8	the	the	DET
fbem-27720	270	9	market	market	NOUN
fbem-27720	270	10	by	by	ADP
fbem-27720	270	11	avoiding	avoid	VERB
fbem-27720	270	12	direct	direct	ADJ
fbem-27720	270	13	competition	competition	NOUN
fbem-27720	270	14	with	with	ADP
fbem-27720	270	15	large	large	ADJ
fbem-27720	270	16	enterprises	enterprise	NOUN
fbem-27720	270	17	through	through	ADP
fbem-27720	270	18	flexible	flexible	ADJ
fbem-27720	270	19	innovation	innovation	NOUN
fbem-27720	270	20	strategies	strategy	NOUN
fbem-27720	270	21	and	and	CCONJ
fbem-27720	270	22	focusing	focus	VERB
fbem-27720	270	23	on	on	ADP
fbem-27720	270	24	specific	specific	ADJ
fbem-27720	270	25	market	market	NOUN
fbem-27720	270	26	segments	segment	NOUN
fbem-27720	270	27	.	.	PUNCT
fbem-27720	271	1	the	the	DET
fbem-27720	271	2	discovery	discovery	NOUN
fbem-27720	271	3	of	of	ADP
fbem-27720	271	4	a	a	DET
fbem-27720	271	5	true	true	ADJ
fbem-27720	271	6	interaction	interaction	NOUN
fbem-27720	271	7	among	among	ADP
fbem-27720	271	8	rdr	rdr	PROPN
fbem-27720	271	9	,	,	PUNCT
fbem-27720	271	10	rdh	rdh	PROPN
fbem-27720	271	11	,	,	PUNCT
fbem-27720	271	12	patent	patent	NOUN
fbem-27720	271	13	,	,	PUNCT
fbem-27720	271	14	nia	nia	PROPN
fbem-27720	271	15	,	,	PUNCT
fbem-27720	271	16	roi	roi	NOUN
fbem-27720	271	17	,	,	PUNCT
fbem-27720	271	18	roic	roic	ADJ
fbem-27720	271	19	,	,	PUNCT
fbem-27720	271	20	roa	roa	PROPN
fbem-27720	271	21	,	,	PUNCT
fbem-27720	271	22	and	and	CCONJ
fbem-27720	271	23	roe	roe	NOUN
fbem-27720	271	24	leads	lead	VERB
fbem-27720	271	25	to	to	ADP
fbem-27720	271	26	three	three	NUM
fbem-27720	271	27	recommendations	recommendation	NOUN
fbem-27720	271	28	.	.	PUNCT
fbem-27720	272	1	firstly	firstly	ADV
fbem-27720	272	2	,	,	PUNCT
fbem-27720	272	3	the	the	DET
fbem-27720	272	4	government	government	NOUN
fbem-27720	272	5	should	should	AUX
fbem-27720	272	6	strengthen	strengthen	VERB
fbem-27720	272	7	the	the	DET
fbem-27720	272	8	intellectual	intellectual	ADJ
fbem-27720	272	9	property	property	NOUN
fbem-27720	272	10	protection	protection	NOUN
fbem-27720	272	11	of	of	ADP
fbem-27720	272	12	r&d	r&d	NOUN
fbem-27720	272	13	achievements	achievement	NOUN
fbem-27720	272	14	of	of	ADP
fbem-27720	272	15	new	new	ADJ
fbem-27720	272	16	energy	energy	NOUN
fbem-27720	272	17	vehicles	vehicle	NOUN
fbem-27720	272	18	,	,	PUNCT
fbem-27720	272	19	provide	provide	VERB
fbem-27720	272	20	rapid	rapid	ADJ
fbem-27720	272	21	patent	patent	NOUN
fbem-27720	272	22	application	application	NOUN
fbem-27720	272	23	and	and	CCONJ
fbem-27720	272	24	authorization	authorization	NOUN
fbem-27720	272	25	channels	channel	NOUN
fbem-27720	272	26	for	for	ADP
fbem-27720	272	27	enterprises	enterprise	NOUN
fbem-27720	272	28	and	and	CCONJ
fbem-27720	272	29	universities	university	NOUN
fbem-27720	272	30	to	to	PART
fbem-27720	272	31	cooperate	cooperate	VERB
fbem-27720	272	32	with	with	ADP
fbem-27720	272	33	each	each	DET
fbem-27720	272	34	other	other	ADJ
fbem-27720	272	35	in	in	ADP
fbem-27720	272	36	industry	industry	NOUN
fbem-27720	272	37	,	,	PUNCT
fbem-27720	272	38	education	education	NOUN
fbem-27720	272	39	,	,	PUNCT
fbem-27720	272	40	and	and	CCONJ
fbem-27720	272	41	research	research	NOUN
fbem-27720	272	42	,	,	PUNCT
fbem-27720	272	43	provide	provide	VERB
fbem-27720	272	44	prompt	prompt	ADJ
fbem-27720	272	45	protection	protection	NOUN
fbem-27720	272	46	of	of	ADP
fbem-27720	272	47	joint	joint	ADJ
fbem-27720	272	48	r&d	r&d	NOUN
fbem-27720	272	49	's	's	PART
fbem-27720	272	50	intellectual	intellectual	ADJ
fbem-27720	272	51	property	property	NOUN
fbem-27720	272	52	rights	right	NOUN
fbem-27720	272	53	,	,	PUNCT
fbem-27720	272	54	and	and	CCONJ
fbem-27720	272	55	lower	low	ADJ
fbem-27720	272	56	the	the	DET
fbem-27720	272	57	possible	possible	ADJ
fbem-27720	272	58	risks	risk	NOUN
fbem-27720	272	59	for	for	ADP
fbem-27720	272	60	technology	technology	NOUN
fbem-27720	272	61	transformation	transformation	NOUN
fbem-27720	272	62	partners	partner	NOUN
fbem-27720	272	63	.	.	PUNCT
fbem-27720	273	1	secondly	secondly	ADV
fbem-27720	273	2	,	,	PUNCT
fbem-27720	273	3	new	new	ADJ
fbem-27720	273	4	energy	energy	NOUN
fbem-27720	273	5	vehicle	vehicle	NOUN
fbem-27720	273	6	companies	company	NOUN
fbem-27720	273	7	should	should	AUX
fbem-27720	273	8	establish	establish	VERB
fbem-27720	273	9	a	a	DET
fbem-27720	273	10	sound	sound	ADJ
fbem-27720	273	11	r&d	r&d	NOUN
fbem-27720	273	12	risk	risk	NOUN
fbem-27720	273	13	management	management	NOUN
fbem-27720	273	14	mechanism	mechanism	NOUN
fbem-27720	273	15	,	,	PUNCT
fbem-27720	273	16	conduct	conduct	VERB
fbem-27720	273	17	regular	regular	ADJ
fbem-27720	273	18	risk	risk	NOUN
fbem-27720	273	19	assessment	assessment	NOUN
fbem-27720	273	20	and	and	CCONJ
fbem-27720	273	21	hierarchical	hierarchical	ADJ
fbem-27720	273	22	management	management	NOUN
fbem-27720	273	23	of	of	ADP
fbem-27720	273	24	technological	technological	ADJ
fbem-27720	273	25	innovation	innovation	NOUN
fbem-27720	273	26	projects	project	NOUN
fbem-27720	273	27	,	,	PUNCT
fbem-27720	273	28	and	and	CCONJ
fbem-27720	273	29	formulate	formulate	VERB
fbem-27720	273	30	alternative	alternative	ADJ
fbem-27720	273	31	plans	plan	NOUN
fbem-27720	273	32	for	for	ADP
fbem-27720	273	33	high	high	ADJ
fbem-27720	273	34	-	-	PUNCT
fbem-27720	273	35	risk	risk	NOUN
fbem-27720	273	36	projects	project	NOUN
fbem-27720	273	37	to	to	PART
fbem-27720	273	38	reduce	reduce	VERB
fbem-27720	273	39	uncertainty	uncertainty	NOUN
fbem-27720	273	40	in	in	ADP
fbem-27720	273	41	the	the	DET
fbem-27720	273	42	r&d	r&d	NOUN
fbem-27720	273	43	process	process	NOUN
fbem-27720	273	44	.	.	PUNCT
fbem-27720	274	1	simultaneously	simultaneously	ADV
fbem-27720	274	2	,	,	PUNCT
fbem-27720	274	3	the	the	DET
fbem-27720	274	4	company	company	NOUN
fbem-27720	274	5	enhances	enhance	VERB
fbem-27720	274	6	its	its	PRON
fbem-27720	274	7	risk	risk	NOUN
fbem-27720	274	8	control	control	NOUN
fbem-27720	274	9	ability	ability	NOUN
fbem-27720	274	10	by	by	ADP
fbem-27720	274	11	introducing	introduce	VERB
fbem-27720	274	12	professional	professional	ADJ
fbem-27720	274	13	risk	risk	NOUN
fbem-27720	274	14	management	management	NOUN
fbem-27720	274	15	personnel	personnel	NOUN
fbem-27720	274	16	or	or	CCONJ
fbem-27720	274	17	external	external	ADJ
fbem-27720	274	18	consultants	consultant	NOUN
fbem-27720	274	19	.	.	PUNCT
fbem-27720	275	1	thirdly	thirdly	ADV
fbem-27720	275	2	,	,	PUNCT
fbem-27720	275	3	universities	university	NOUN
fbem-27720	275	4	can	can	AUX
fbem-27720	275	5	collaborate	collaborate	VERB
fbem-27720	275	6	with	with	ADP
fbem-27720	275	7	new	new	ADJ
fbem-27720	275	8	energy	energy	NOUN
fbem-27720	275	9	vehicle	vehicle	NOUN
fbem-27720	275	10	enterprises	enterprise	NOUN
fbem-27720	275	11	to	to	PART
fbem-27720	275	12	establish	establish	VERB
fbem-27720	275	13	laboratories	laboratory	NOUN
fbem-27720	275	14	or	or	CCONJ
fbem-27720	275	15	innovation	innovation	NOUN
fbem-27720	275	16	centers	center	NOUN
fbem-27720	275	17	,	,	PUNCT
fbem-27720	275	18	where	where	SCONJ
fbem-27720	275	19	they	they	PRON
fbem-27720	275	20	can	can	AUX
fbem-27720	275	21	jointly	jointly	ADV
fbem-27720	275	22	conduct	conduct	VERB
fbem-27720	275	23	r&d	r&d	NOUN
fbem-27720	275	24	experiments	experiment	NOUN
fbem-27720	275	25	,	,	PUNCT
fbem-27720	275	26	share	share	VERB
fbem-27720	275	27	r&d	r&d	NOUN
fbem-27720	275	28	risks	risk	NOUN
fbem-27720	275	29	,	,	PUNCT
fbem-27720	275	30	and	and	CCONJ
fbem-27720	275	31	foster	foster	ADJ
fbem-27720	275	32	technological	technological	ADJ
fbem-27720	275	33	innovation	innovation	NOUN
fbem-27720	275	34	.	.	PUNCT
fbem-27720	276	1	universities	university	NOUN
fbem-27720	276	2	can	can	AUX
fbem-27720	276	3	also	also	ADV
fbem-27720	276	4	provide	provide	VERB
fbem-27720	276	5	enterprises	enterprise	NOUN
fbem-27720	276	6	with	with	ADP
fbem-27720	276	7	resource	resource	NOUN
fbem-27720	276	8	support	support	NOUN
fbem-27720	276	9	,	,	PUNCT
fbem-27720	276	10	such	such	ADJ
fbem-27720	276	11	as	as	ADP
fbem-27720	276	12	scientists	scientist	NOUN
fbem-27720	276	13	and	and	CCONJ
fbem-27720	276	14	experimental	experimental	ADJ
fbem-27720	276	15	equipment	equipment	NOUN
fbem-27720	276	16	,	,	PUNCT
fbem-27720	276	17	to	to	PART
fbem-27720	276	18	improve	improve	VERB
fbem-27720	276	19	the	the	DET
fbem-27720	276	20	success	success	NOUN
fbem-27720	276	21	rate	rate	NOUN
fbem-27720	276	22	of	of	ADP
fbem-27720	276	23	r&d	r&d	NOUN
fbem-27720	276	24	projects	project	NOUN
fbem-27720	276	25	and	and	CCONJ
fbem-27720	276	26	quickly	quickly	ADV
fbem-27720	276	27	transform	transform	VERB
fbem-27720	276	28	research	research	NOUN
fbem-27720	276	29	results	result	NOUN
fbem-27720	276	30	into	into	ADP
fbem-27720	276	31	marketable	marketable	ADJ
fbem-27720	276	32	products	product	NOUN
fbem-27720	276	33	.	.	PUNCT
fbem-27720	277	1	references	reference	NOUN
fbem-27720	277	2	[	[	X
fbem-27720	277	3	1	1	NUM
fbem-27720	277	4	]	]	X
fbem-27720	277	5	cai	cai	X
fbem-27720	277	6	,	,	PUNCT
fbem-27720	277	7	y.	y.	PROPN
fbem-27720	277	8	(	(	PUNCT
fbem-27720	277	9	2022	2022	NUM
fbem-27720	277	10	)	)	PUNCT
fbem-27720	277	11	.	.	PUNCT
fbem-27720	278	1	r&d	r&d	NOUN
fbem-27720	278	2	,	,	PUNCT
fbem-27720	278	3	social	social	ADJ
fbem-27720	278	4	responsibility	responsibility	NOUN
fbem-27720	278	5	and	and	CCONJ
fbem-27720	278	6	manufacturing	manufacturing	NOUN
fbem-27720	278	7	enterprise	enterprise	NOUN
fbem-27720	278	8	financial	financial	ADJ
fbem-27720	278	9	performance	performance	NOUN
fbem-27720	278	10	.	.	PUNCT
fbem-27720	279	1	journal	journal	PROPN
fbem-27720	279	2	of	of	ADP
fbem-27720	279	3	hunan	hunan	PROPN
fbem-27720	279	4	college	college	PROPN
fbem-27720	279	5	of	of	ADP
fbem-27720	279	6	finance	finance	NOUN
fbem-27720	279	7	and	and	CCONJ
fbem-27720	279	8	economy	economy	NOUN
fbem-27720	279	9	,	,	PUNCT
fbem-27720	279	10	(	(	PUNCT
fbem-27720	279	11	6	6	NUM
fbem-27720	279	12	)	)	PUNCT
fbem-27720	279	13	,	,	PUNCT
fbem-27720	279	14	78	78	NUM
fbem-27720	279	15	-	-	SYM
fbem-27720	279	16	87	87	NUM
fbem-27720	279	17	.	.	PUNCT
fbem-27720	280	1	[	[	X
fbem-27720	280	2	2	2	NUM
fbem-27720	280	3	]	]	X
fbem-27720	280	4	wang	wang	PROPN
fbem-27720	280	5	,	,	PUNCT
fbem-27720	280	6	z.	z.	PROPN
fbem-27720	280	7	,	,	PUNCT
fbem-27720	280	8	&	&	CCONJ
fbem-27720	280	9	zhang	zhang	PROPN
fbem-27720	280	10	,	,	PUNCT
fbem-27720	280	11	y.	y.	PROPN
fbem-27720	280	12	(	(	PUNCT
fbem-27720	280	13	2022	2022	NUM
fbem-27720	280	14	)	)	PUNCT
fbem-27720	280	15	.	.	PUNCT
fbem-27720	281	1	research	research	NOUN
fbem-27720	281	2	on	on	ADP
fbem-27720	281	3	the	the	DET
fbem-27720	281	4	relationship	relationship	NOUN
fbem-27720	281	5	between	between	ADP
fbem-27720	281	6	r&d	r&d	NOUN
fbem-27720	281	7	input	input	NOUN
fbem-27720	281	8	and	and	CCONJ
fbem-27720	281	9	financial	financial	ADJ
fbem-27720	281	10	performance	performance	NOUN
fbem-27720	281	11	.	.	PUNCT
fbem-27720	282	1	china	china	PROPN
fbem-27720	282	2	price	price	PROPN
fbem-27720	282	3	,	,	PUNCT
fbem-27720	282	4	(	(	PUNCT
fbem-27720	282	5	02	02	NUM
fbem-27720	282	6	)	)	PUNCT
fbem-27720	282	7	,	,	PUNCT
fbem-27720	282	8	98	98	NUM
fbem-27720	282	9	-	-	SYM
fbem-27720	282	10	101	101	NUM
fbem-27720	282	11	.	.	PUNCT
fbem-27720	283	1	[	[	X
fbem-27720	283	2	3	3	NUM
fbem-27720	283	3	]	]	X
fbem-27720	283	4	xiao	xiao	PROPN
fbem-27720	283	5	,	,	PUNCT
fbem-27720	283	6	x.	x.	NOUN
fbem-27720	283	7	(	(	PUNCT
fbem-27720	283	8	2022	2022	NUM
fbem-27720	283	9	)	)	PUNCT
fbem-27720	283	10	.	.	PUNCT
fbem-27720	284	1	research	research	NOUN
fbem-27720	284	2	on	on	ADP
fbem-27720	284	3	the	the	DET
fbem-27720	284	4	influence	influence	NOUN
fbem-27720	284	5	of	of	ADP
fbem-27720	284	6	government	government	NOUN
fbem-27720	284	7	subsidies	subsidy	NOUN
fbem-27720	284	8	and	and	CCONJ
fbem-27720	284	9	financial	financial	ADJ
fbem-27720	284	10	performance	performance	NOUN
fbem-27720	284	11	on	on	ADP
fbem-27720	284	12	r&d	r&d	NOUN
fbem-27720	284	13	investment	investment	NOUN
fbem-27720	284	14	of	of	ADP
fbem-27720	284	15	new	new	ADJ
fbem-27720	284	16	energy	energy	NOUN
fbem-27720	284	17	vehicle	vehicle	NOUN
fbem-27720	284	18	enterprises	enterprise	NOUN
fbem-27720	284	19	.	.	PUNCT
fbem-27720	285	1	china	china	PROPN
fbem-27720	285	2	price	price	PROPN
fbem-27720	285	3	,	,	PUNCT
fbem-27720	285	4	(	(	PUNCT
fbem-27720	285	5	12	12	NUM
fbem-27720	285	6	)	)	PUNCT
fbem-27720	285	7	,	,	PUNCT
fbem-27720	285	8	95	95	NUM
fbem-27720	285	9	-	-	SYM
fbem-27720	285	10	98	98	NUM
fbem-27720	285	11	.	.	PUNCT
fbem-27720	286	1	[	[	X
fbem-27720	286	2	4	4	NUM
fbem-27720	286	3	]	]	X
fbem-27720	286	4	hao	hao	PROPN
fbem-27720	286	5	,	,	PUNCT
fbem-27720	286	6	j.	j.	PROPN
fbem-27720	286	7	l.	l.	PROPN
fbem-27720	286	8	(	(	PUNCT
fbem-27720	286	9	2019	2019	NUM
fbem-27720	286	10	)	)	PUNCT
fbem-27720	286	11	.	.	PUNCT
fbem-27720	287	1	the	the	DET
fbem-27720	287	2	moderating	moderate	VERB
fbem-27720	287	3	effect	effect	NOUN
fbem-27720	287	4	of	of	ADP
fbem-27720	287	5	financial	financial	ADJ
fbem-27720	287	6	performance	performance	NOUN
fbem-27720	287	7	on	on	ADP
fbem-27720	287	8	r&d	r&d	NOUN
fbem-27720	287	9	investment	investment	NOUN
fbem-27720	287	10	and	and	CCONJ
fbem-27720	287	11	innovation	innovation	NOUN
fbem-27720	287	12	performance	performance	NOUN
fbem-27720	287	13	:	:	PUNCT
fbem-27720	287	14	a	a	DET
fbem-27720	287	15	case	case	NOUN
fbem-27720	287	16	study	study	NOUN
fbem-27720	287	17	of	of	ADP
fbem-27720	287	18	high	high	ADJ
fbem-27720	287	19	-	-	PUNCT
fbem-27720	287	20	tech	tech	NOUN
fbem-27720	287	21	enterprises	enterprise	NOUN
fbem-27720	287	22	.	.	PUNCT
fbem-27720	288	1	business	business	NOUN
fbem-27720	288	2	accounting	accounting	PROPN
fbem-27720	288	3	,	,	PUNCT
fbem-27720	288	4	(	(	PUNCT
fbem-27720	288	5	21	21	NUM
fbem-27720	288	6	)	)	PUNCT
fbem-27720	288	7	,	,	PUNCT
fbem-27720	288	8	43	43	NUM
fbem-27720	288	9	-	-	SYM
fbem-27720	288	10	46	46	NUM
fbem-27720	288	11	.	.	PUNCT
fbem-27720	289	1	[	[	X
fbem-27720	289	2	5	5	NUM
fbem-27720	289	3	]	]	X
fbem-27720	289	4	liu	liu	PROPN
fbem-27720	289	5	,	,	PUNCT
fbem-27720	289	6	y.	y.	PROPN
fbem-27720	289	7	,	,	PUNCT
fbem-27720	289	8	ma	ma	PROPN
fbem-27720	289	9	,	,	PUNCT
fbem-27720	289	10	z.	z.	PROPN
fbem-27720	289	11	,	,	PUNCT
fbem-27720	289	12	zhang	zhang	PROPN
fbem-27720	289	13	,	,	PUNCT
fbem-27720	289	14	m.	m.	NOUN
fbem-27720	289	15	,	,	PUNCT
fbem-27720	289	16	&	&	CCONJ
fbem-27720	289	17	bai	bai	PROPN
fbem-27720	289	18	,	,	PUNCT
fbem-27720	289	19	x.	x.	NOUN
fbem-27720	289	20	(	(	PUNCT
fbem-27720	289	21	2020	2020	NUM
fbem-27720	289	22	)	)	PUNCT
fbem-27720	289	23	.	.	PUNCT
fbem-27720	290	1	research	research	NOUN
fbem-27720	290	2	on	on	ADP
fbem-27720	290	3	the	the	DET
fbem-27720	290	4	effect	effect	NOUN
fbem-27720	290	5	of	of	ADP
fbem-27720	290	6	r&d	r&d	NOUN
fbem-27720	290	7	investment	investment	NOUN
fbem-27720	290	8	on	on	ADP
fbem-27720	290	9	firm	firm	ADJ
fbem-27720	290	10	performance	performance	NOUN
fbem-27720	290	11	:	:	PUNCT
fbem-27720	290	12	based	base	VERB
fbem-27720	290	13	on	on	ADP
fbem-27720	290	14	the	the	DET
fbem-27720	290	15	empirical	empirical	ADJ
fbem-27720	290	16	analysis	analysis	NOUN
fbem-27720	290	17	of	of	ADP
fbem-27720	290	18	high	high	ADJ
fbem-27720	290	19	-	-	PUNCT
fbem-27720	290	20	tech	tech	NOUN
fbem-27720	290	21	enterprises	enterprise	NOUN
fbem-27720	290	22	in	in	ADP
fbem-27720	290	23	zhongguancun	zhongguancun	PROPN
fbem-27720	290	24	.	.	PUNCT
fbem-27720	291	1	science	science	NOUN
fbem-27720	291	2	and	and	CCONJ
fbem-27720	291	3	technology	technology	NOUN
fbem-27720	291	4	of	of	ADP
fbem-27720	291	5	china	china	PROPN
fbem-27720	291	6	bbs	bbs	PROPN
fbem-27720	291	7	,	,	PUNCT
fbem-27720	291	8	(	(	PUNCT
fbem-27720	291	9	12	12	NUM
fbem-27720	291	10	)	)	PUNCT
fbem-27720	291	11	,	,	PUNCT
fbem-27720	291	12	67	67	NUM
fbem-27720	291	13	-	-	SYM
fbem-27720	291	14	75	75	NUM
fbem-27720	291	15	+	+	NOUN
fbem-27720	291	16	85	85	NUM
fbem-27720	291	17	.	.	PUNCT
fbem-27720	292	1	[	[	X
fbem-27720	292	2	6	6	NUM
fbem-27720	292	3	]	]	PUNCT
fbem-27720	292	4	song	song	NOUN
fbem-27720	292	5	,	,	PUNCT
fbem-27720	292	6	j.	j.	PROPN
fbem-27720	292	7	,	,	PUNCT
fbem-27720	292	8	&	&	CCONJ
fbem-27720	292	9	zhang	zhang	PROPN
fbem-27720	292	10	,	,	PUNCT
fbem-27720	292	11	q.	q.	PROPN
fbem-27720	292	12	(	(	PUNCT
fbem-27720	292	13	2023	2023	NUM
fbem-27720	292	14	)	)	PUNCT
fbem-27720	292	15	.	.	PUNCT
fbem-27720	293	1	research	research	NOUN
fbem-27720	293	2	on	on	ADP
fbem-27720	293	3	the	the	DET
fbem-27720	293	4	effect	effect	NOUN
fbem-27720	293	5	of	of	ADP
fbem-27720	293	6	r&d	r&d	NOUN
fbem-27720	293	7	investment	investment	NOUN
fbem-27720	293	8	on	on	ADP
fbem-27720	293	9	sustainable	sustainable	ADJ
fbem-27720	293	10	development	development	NOUN
fbem-27720	293	11	performance	performance	NOUN
fbem-27720	293	12	of	of	ADP
fbem-27720	293	13	new	new	ADJ
fbem-27720	293	14	energy	energy	NOUN
fbem-27720	293	15	enterprises	enterprise	NOUN
fbem-27720	293	16	:	:	PUNCT
fbem-27720	293	17	from	from	ADP
fbem-27720	293	18	the	the	DET
fbem-27720	293	19	perspective	perspective	NOUN
fbem-27720	293	20	of	of	ADP
fbem-27720	293	21	technological	technological	ADJ
fbem-27720	293	22	innovation	innovation	NOUN
fbem-27720	293	23	.	.	PUNCT
fbem-27720	294	1	economic	economic	ADJ
fbem-27720	294	2	problems	problem	NOUN
fbem-27720	294	3	,	,	PUNCT
fbem-27720	294	4	(	(	PUNCT
fbem-27720	294	5	12	12	NUM
fbem-27720	294	6	)	)	PUNCT
fbem-27720	294	7	,	,	PUNCT
fbem-27720	294	8	123	123	NUM
fbem-27720	294	9	-	-	SYM
fbem-27720	294	10	129	129	NUM
fbem-27720	294	11	.	.	PUNCT
fbem-27720	295	1	[	[	X
fbem-27720	295	2	7	7	X
fbem-27720	295	3	]	]	X
fbem-27720	295	4	lei	lei	PROPN
fbem-27720	295	5	,	,	PUNCT
fbem-27720	295	6	z.	z.	PROPN
fbem-27720	295	7	h.	h.	PROPN
fbem-27720	295	8	,	,	PUNCT
fbem-27720	295	9	&	&	CCONJ
fbem-27720	295	10	ran	run	VERB
fbem-27720	295	11	,	,	PUNCT
fbem-27720	295	12	y.	y.	PROPN
fbem-27720	295	13	(	(	PUNCT
fbem-27720	295	14	2022	2022	NUM
fbem-27720	295	15	)	)	PUNCT
fbem-27720	295	16	.	.	PUNCT
fbem-27720	296	1	an	an	DET
fbem-27720	296	2	empirical	empirical	ADJ
fbem-27720	296	3	study	study	NOUN
fbem-27720	296	4	on	on	ADP
fbem-27720	296	5	r&d	r&d	NOUN
fbem-27720	296	6	investment	investment	NOUN
fbem-27720	296	7	and	and	CCONJ
fbem-27720	296	8	financial	financial	ADJ
fbem-27720	296	9	performance	performance	NOUN
fbem-27720	296	10	of	of	ADP
fbem-27720	296	11	pharmaceutical	pharmaceutical	NOUN
fbem-27720	296	12	manufacturing	manufacturing	NOUN
fbem-27720	296	13	enterprises	enterprise	NOUN
fbem-27720	296	14	:	:	PUNCT
fbem-27720	296	15	the	the	DET
fbem-27720	296	16	moderating	moderate	VERB
fbem-27720	296	17	role	role	NOUN
fbem-27720	296	18	of	of	ADP
fbem-27720	296	19	social	social	ADJ
fbem-27720	296	20	responsibility	responsibility	NOUN
fbem-27720	296	21	.	.	PUNCT
fbem-27720	297	1	business	business	NOUN
fbem-27720	297	2	and	and	CCONJ
fbem-27720	297	3	management	management	NOUN
fbem-27720	297	4	,	,	PUNCT
fbem-27720	297	5	(	(	PUNCT
fbem-27720	297	6	01	01	NUM
fbem-27720	297	7	)	)	PUNCT
fbem-27720	297	8	,	,	PUNCT
fbem-27720	297	9	108	108	NUM
fbem-27720	297	10	-	-	SYM
fbem-27720	297	11	114	114	NUM
fbem-27720	297	12	.	.	PUNCT
fbem-27720	298	1	[	[	X
fbem-27720	298	2	8	8	NUM
fbem-27720	298	3	]	]	X
fbem-27720	298	4	lin	lin	PROPN
fbem-27720	298	5	,	,	PUNCT
fbem-27720	298	6	j.	j.	PROPN
fbem-27720	298	7	,	,	PUNCT
fbem-27720	298	8	xu	xu	PROPN
fbem-27720	298	9	,	,	PUNCT
fbem-27720	298	10	y.	y.	PROPN
fbem-27720	298	11	,	,	PUNCT
fbem-27720	298	12	&	&	CCONJ
fbem-27720	298	13	chen	chen	PROPN
fbem-27720	298	14	,	,	PUNCT
fbem-27720	298	15	s.	s.	PROPN
fbem-27720	298	16	(	(	PUNCT
fbem-27720	298	17	2023	2023	NUM
fbem-27720	298	18	)	)	PUNCT
fbem-27720	298	19	.	.	PUNCT
fbem-27720	299	1	the	the	DET
fbem-27720	299	2	effect	effect	NOUN
fbem-27720	299	3	of	of	ADP
fbem-27720	299	4	r&d	r&d	NOUN
fbem-27720	299	5	investment	investment	NOUN
fbem-27720	299	6	intensity	intensity	NOUN
fbem-27720	299	7	on	on	ADP
fbem-27720	299	8	corporate	corporate	ADJ
fbem-27720	299	9	performance	performance	NOUN
fbem-27720	299	10	of	of	ADP
fbem-27720	299	11	listed	list	VERB
fbem-27720	299	12	pharmaceutical	pharmaceutical	ADJ
fbem-27720	299	13	manufacturing	manufacturing	NOUN
fbem-27720	299	14	enterprises	enterprise	NOUN
fbem-27720	299	15	.	.	PUNCT
fbem-27720	300	1	technology	technology	NOUN
fbem-27720	300	2	and	and	CCONJ
fbem-27720	300	3	industry	industry	NOUN
fbem-27720	300	4	,	,	PUNCT
fbem-27720	300	5	(	(	PUNCT
fbem-27720	300	6	05	05	NUM
fbem-27720	300	7	)	)	PUNCT
fbem-27720	300	8	,	,	PUNCT
fbem-27720	300	9	56	56	NUM
fbem-27720	300	10	-	-	SYM
fbem-27720	300	11	62	62	NUM
fbem-27720	300	12	.	.	PUNCT
fbem-27720	301	1	[	[	X
fbem-27720	301	2	9	9	NUM
fbem-27720	301	3	]	]	X
fbem-27720	301	4	wang	wang	PROPN
fbem-27720	301	5	,	,	PUNCT
fbem-27720	301	6	x.	x.	PROPN
fbem-27720	301	7	,	,	PUNCT
fbem-27720	301	8	cheng	cheng	PROPN
fbem-27720	301	9	,	,	PUNCT
fbem-27720	301	10	m.	m.	NOUN
fbem-27720	301	11	,	,	PUNCT
fbem-27720	301	12	zhou	zhou	PROPN
fbem-27720	301	13	,	,	PUNCT
fbem-27720	301	14	x.	x.	PROPN
fbem-27720	301	15	,	,	PUNCT
fbem-27720	301	16	&	&	CCONJ
fbem-27720	301	17	zhang	zhang	PROPN
fbem-27720	301	18	,	,	PUNCT
fbem-27720	301	19	j.	j.	PROPN
fbem-27720	301	20	(	(	PUNCT
fbem-27720	301	21	2023	2023	NUM
fbem-27720	301	22	)	)	PUNCT
fbem-27720	301	23	.	.	PUNCT
fbem-27720	302	1	empirical	empirical	ADJ
fbem-27720	302	2	study	study	NOUN
fbem-27720	302	3	on	on	ADP
fbem-27720	302	4	the	the	DET
fbem-27720	302	5	relationship	relationship	NOUN
fbem-27720	302	6	between	between	ADP
fbem-27720	302	7	r&d	r&d	NOUN
fbem-27720	302	8	investment	investment	NOUN
fbem-27720	302	9	,	,	PUNCT
fbem-27720	302	10	sales	sale	NOUN
fbem-27720	302	11	expenses	expense	NOUN
fbem-27720	302	12	and	and	CCONJ
fbem-27720	302	13	corporate	corporate	ADJ
fbem-27720	302	14	performance	performance	NOUN
fbem-27720	302	15	in	in	ADP
fbem-27720	302	16	chinese	chinese	ADJ
fbem-27720	302	17	listed	list	VERB
fbem-27720	302	18	chinese	chinese	ADJ
fbem-27720	302	19	medicine	medicine	NOUN
fbem-27720	302	20	enterprises	enterprise	NOUN
fbem-27720	302	21	.	.	PUNCT
fbem-27720	303	1	journal	journal	PROPN
fbem-27720	303	2	of	of	ADP
fbem-27720	303	3	guangdong	guangdong	PROPN
fbem-27720	303	4	pharmaceutical	pharmaceutical	PROPN
fbem-27720	303	5	university	university	PROPN
fbem-27720	303	6	,	,	PUNCT
fbem-27720	303	7	(	(	PUNCT
fbem-27720	303	8	04	04	NUM
fbem-27720	303	9	)	)	PUNCT
fbem-27720	303	10	,	,	PUNCT
fbem-27720	303	11	31	31	NUM
fbem-27720	303	12	-	-	SYM
fbem-27720	303	13	40	40	NUM
fbem-27720	303	14	.	.	PUNCT
fbem-27720	304	1	[	[	X
fbem-27720	304	2	10	10	NUM
fbem-27720	304	3	]	]	X
fbem-27720	304	4	wang	wang	PROPN
fbem-27720	304	5	,	,	PUNCT
fbem-27720	304	6	k.	k.	PROPN
fbem-27720	304	7	,	,	PUNCT
fbem-27720	304	8	&	&	CCONJ
fbem-27720	304	9	chen	chen	PROPN
fbem-27720	304	10	,	,	PUNCT
fbem-27720	304	11	z.	z.	PROPN
fbem-27720	304	12	(	(	PUNCT
fbem-27720	304	13	2020	2020	NUM
fbem-27720	304	14	)	)	PUNCT
fbem-27720	304	15	.	.	PUNCT
fbem-27720	305	1	r&d	r&d	NOUN
fbem-27720	305	2	input	input	NOUN
fbem-27720	305	3	,	,	PUNCT
fbem-27720	305	4	innovation	innovation	NOUN
fbem-27720	305	5	output	output	NOUN
fbem-27720	305	6	and	and	CCONJ
fbem-27720	305	7	business	business	NOUN
fbem-27720	305	8	performance	performance	NOUN
fbem-27720	305	9	:	:	PUNCT
fbem-27720	305	10	an	an	DET
fbem-27720	305	11	empirical	empirical	ADJ
fbem-27720	305	12	study	study	NOUN
fbem-27720	305	13	based	base	VERB
fbem-27720	305	14	on	on	ADP
fbem-27720	305	15	the	the	DET
fbem-27720	305	16	mediating	mediate	VERB
fbem-27720	305	17	role	role	NOUN
fbem-27720	305	18	of	of	ADP
fbem-27720	305	19	enterprise	enterprise	NOUN
fbem-27720	305	20	innovation	innovation	NOUN
fbem-27720	305	21	output	output	NOUN
fbem-27720	305	22	.	.	PUNCT
fbem-27720	306	1	jiangsu	jiangsu	PROPN
fbem-27720	306	2	theory	theory	PROPN
fbem-27720	306	3	,	,	PUNCT
fbem-27720	306	4	(	(	PUNCT
fbem-27720	306	5	09	09	NUM
fbem-27720	306	6	)	)	PUNCT
fbem-27720	306	7	,	,	PUNCT
fbem-27720	306	8	101	101	NUM
fbem-27720	306	9	-	-	SYM
fbem-27720	306	10	103	103	NUM
fbem-27720	306	11	+	+	NOUN
fbem-27720	306	12	108	108	NUM
fbem-27720	306	13	.	.	PUNCT
fbem-27720	307	1	[	[	X
fbem-27720	307	2	11	11	NUM
fbem-27720	307	3	]	]	SYM
fbem-27720	307	4	yuan	yuan	PROPN
fbem-27720	307	5	,	,	PUNCT
fbem-27720	307	6	r.	r.	PROPN
fbem-27720	307	7	,	,	PUNCT
fbem-27720	307	8	yu	yu	PROPN
fbem-27720	307	9	,	,	PUNCT
fbem-27720	307	10	m.	m.	NOUN
fbem-27720	307	11	,	,	PUNCT
fbem-27720	307	12	&	&	CCONJ
fbem-27720	307	13	qi	qi	PROPN
fbem-27720	307	14	,	,	PUNCT
fbem-27720	307	15	k.	k.	PROPN
fbem-27720	307	16	(	(	PUNCT
fbem-27720	307	17	2020	2020	NUM
fbem-27720	307	18	)	)	PUNCT
fbem-27720	307	19	.	.	PUNCT
fbem-27720	307	20	evaluation	evaluation	NOUN
fbem-27720	307	21	of	of	ADP
fbem-27720	307	22	enterprise	enterprise	NOUN
fbem-27720	307	23	technological	technological	ADJ
fbem-27720	307	24	innovation	innovation	NOUN
fbem-27720	307	25	capability	capability	NOUN
fbem-27720	307	26	based	base	VERB
fbem-27720	307	27	on	on	ADP
fbem-27720	307	28	input	input	NOUN
fbem-27720	307	29	-	-	PUNCT
fbem-27720	307	30	output	output	NOUN
fbem-27720	307	31	.	.	PUNCT
fbem-27720	308	1	china	china	PROPN
fbem-27720	308	2	economic	economic	ADJ
fbem-27720	308	3	and	and	CCONJ
fbem-27720	308	4	trade	trade	NOUN
fbem-27720	308	5	guide	guide	NOUN
fbem-27720	308	6	(	(	PUNCT
fbem-27720	308	7	middle	middle	NOUN
fbem-27720	308	8	)	)	PUNCT
fbem-27720	308	9	,	,	PUNCT
fbem-27720	308	10	(	(	PUNCT
fbem-27720	308	11	10	10	NUM
fbem-27720	308	12	)	)	PUNCT
fbem-27720	308	13	,	,	PUNCT
fbem-27720	308	14	36	36	NUM
fbem-27720	308	15	-	-	SYM
fbem-27720	308	16	38	38	NUM
fbem-27720	308	17	.	.	PUNCT
fbem-27720	309	1	[	[	X
fbem-27720	309	2	12	12	NUM
fbem-27720	309	3	]	]	X
fbem-27720	309	4	yuan	yuan	NOUN
fbem-27720	309	5	,	,	PUNCT
fbem-27720	309	6	s.	s.	PROPN
fbem-27720	309	7	,	,	PUNCT
fbem-27720	309	8	he	he	PRON
fbem-27720	309	9	,	,	PUNCT
fbem-27720	309	10	j.	j.	PROPN
fbem-27720	309	11	,	,	PUNCT
fbem-27720	309	12	&	&	CCONJ
fbem-27720	309	13	he	he	PRON
fbem-27720	309	14	,	,	PUNCT
fbem-27720	309	15	f.	f.	PROPN
fbem-27720	309	16	(	(	PUNCT
fbem-27720	309	17	2019	2019	NUM
fbem-27720	309	18	)	)	PUNCT
fbem-27720	309	19	.	.	PUNCT
fbem-27720	310	1	comparative	comparative	ADJ
fbem-27720	310	2	analysis	analysis	NOUN
fbem-27720	310	3	of	of	ADP
fbem-27720	310	4	input	input	NOUN
fbem-27720	310	5	and	and	CCONJ
fbem-27720	310	6	output	output	NOUN
fbem-27720	310	7	of	of	ADP
fbem-27720	310	8	r&d	r&d	NOUN
fbem-27720	310	9	in	in	ADP
fbem-27720	310	10	major	major	ADJ
fbem-27720	310	11	countries	country	NOUN
fbem-27720	310	12	in	in	ADP
fbem-27720	310	13	the	the	DET
fbem-27720	310	14	world	world	NOUN
fbem-27720	310	15	in	in	ADP
fbem-27720	310	16	recent	recent	ADJ
fbem-27720	310	17	ten	ten	NUM
fbem-27720	310	18	years	year	NOUN
fbem-27720	310	19	.	.	PUNCT
fbem-27720	311	1	science	science	NOUN
fbem-27720	311	2	and	and	CCONJ
fbem-27720	311	3	technology	technology	NOUN
fbem-27720	311	4	review	review	NOUN
fbem-27720	311	5	,	,	PUNCT
fbem-27720	311	6	38(19	38(19	NUM
fbem-27720	311	7	)	)	PUNCT
fbem-27720	311	8	,	,	PUNCT
fbem-27720	311	9	58	58	NUM
fbem-27720	311	10	-	-	SYM
fbem-27720	311	11	67	67	NUM
fbem-27720	311	12	.	.	PUNCT
fbem-27720	312	1	[	[	X
fbem-27720	312	2	13	13	NUM
fbem-27720	312	3	]	]	SYM
fbem-27720	312	4	fan	fan	NOUN
fbem-27720	312	5	,	,	PUNCT
fbem-27720	312	6	x.	x.	PROPN
fbem-27720	312	7	,	,	PUNCT
fbem-27720	312	8	&	&	CCONJ
fbem-27720	312	9	li	li	PROPN
fbem-27720	312	10	,	,	PUNCT
fbem-27720	312	11	q.	q.	PROPN
fbem-27720	312	12	(	(	PUNCT
fbem-27720	312	13	2021	2021	NUM
fbem-27720	312	14	)	)	PUNCT
fbem-27720	312	15	.	.	PUNCT
fbem-27720	313	1	research	research	NOUN
fbem-27720	313	2	on	on	ADP
fbem-27720	313	3	the	the	DET
fbem-27720	313	4	influence	influence	NOUN
fbem-27720	313	5	of	of	ADP
fbem-27720	313	6	r&d	r&d	NOUN
fbem-27720	313	7	input	input	NOUN
fbem-27720	313	8	of	of	ADP
fbem-27720	313	9	innovation	innovation	NOUN
fbem-27720	313	10	entities	entity	NOUN
fbem-27720	313	11	on	on	ADP
fbem-27720	313	12	regional	regional	ADJ
fbem-27720	313	13	r&d	r&d	NOUN
fbem-27720	313	14	output	output	NOUN
fbem-27720	313	15	:	:	PUNCT
fbem-27720	313	16	an	an	DET
fbem-27720	313	17	empirical	empirical	ADJ
fbem-27720	313	18	test	test	NOUN
fbem-27720	313	19	based	base	VERB
fbem-27720	313	20	on	on	ADP
fbem-27720	313	21	spatial	spatial	ADJ
fbem-27720	313	22	panel	panel	NOUN
fbem-27720	313	23	model	model	NOUN
fbem-27720	313	24	.	.	PUNCT
fbem-27720	314	1	science	science	NOUN
fbem-27720	314	2	and	and	CCONJ
fbem-27720	314	3	technology	technology	NOUN
fbem-27720	314	4	and	and	CCONJ
fbem-27720	314	5	economy	economy	NOUN
fbem-27720	314	6	,	,	PUNCT
fbem-27720	314	7	(	(	PUNCT
fbem-27720	314	8	3	3	NUM
fbem-27720	314	9	)	)	PUNCT
fbem-27720	314	10	,	,	PUNCT
fbem-27720	314	11	26	26	NUM
fbem-27720	314	12	-	-	SYM
fbem-27720	314	13	30	30	NUM
fbem-27720	314	14	.	.	PUNCT
fbem-27720	315	1	[	[	X
fbem-27720	315	2	14	14	NUM
fbem-27720	315	3	]	]	X
fbem-27720	315	4	zhou	zhou	PROPN
fbem-27720	315	5	,	,	PUNCT
fbem-27720	315	6	z.	z.	PROPN
fbem-27720	315	7	,	,	PUNCT
fbem-27720	315	8	xiong	xiong	PROPN
fbem-27720	315	9	,	,	PUNCT
fbem-27720	315	10	z.	z.	PROPN
fbem-27720	315	11	,	,	PUNCT
fbem-27720	315	12	dong	dong	PROPN
fbem-27720	315	13	,	,	PUNCT
fbem-27720	315	14	w.	w.	PROPN
fbem-27720	315	15	,	,	PUNCT
fbem-27720	315	16	&	&	CCONJ
fbem-27720	315	17	wang	wang	PROPN
fbem-27720	315	18	,	,	PUNCT
fbem-27720	315	19	j.	j.	PROPN
fbem-27720	315	20	(	(	PUNCT
fbem-27720	315	21	2021	2021	NUM
fbem-27720	315	22	)	)	PUNCT
fbem-27720	315	23	.	.	PUNCT
fbem-27720	316	1	an	an	DET
fbem-27720	316	2	empirical	empirical	ADJ
fbem-27720	316	3	study	study	NOUN
fbem-27720	316	4	on	on	ADP
fbem-27720	316	5	input	input	NOUN
fbem-27720	316	6	-	-	PUNCT
fbem-27720	316	7	output	output	NOUN
fbem-27720	316	8	performance	performance	NOUN
fbem-27720	316	9	evaluation	evaluation	NOUN
fbem-27720	316	10	of	of	ADP
fbem-27720	316	11	new	new	ADJ
fbem-27720	316	12	r&d	r&d	NOUN
fbem-27720	316	13	institutions	institution	NOUN
fbem-27720	316	14	in	in	ADP
fbem-27720	316	15	nanjing	nanjing	PROPN
fbem-27720	316	16	:	:	PUNCT
fbem-27720	316	17	based	base	VERB
fbem-27720	316	18	on	on	ADP
fbem-27720	316	19	the	the	DET
fbem-27720	316	20	data	datum	NOUN
fbem-27720	316	21	of	of	ADP
fbem-27720	316	22	hundreds	hundred	NOUN
fbem-27720	316	23	of	of	ADP
fbem-27720	316	24	new	new	ADJ
fbem-27720	316	25	r&d	r&d	NOUN
fbem-27720	316	26	institutions	institution	NOUN
fbem-27720	316	27	in	in	ADP
fbem-27720	316	28	nanjing	nanjing	PROPN
fbem-27720	316	29	.	.	PUNCT
fbem-27720	317	1	science	science	NOUN
fbem-27720	317	2	and	and	CCONJ
fbem-27720	317	3	technology	technology	NOUN
fbem-27720	317	4	of	of	ADP
fbem-27720	317	5	china	china	PROPN
fbem-27720	317	6	bbs	bbs	PROPN
fbem-27720	317	7	,	,	PUNCT
fbem-27720	317	8	(	(	PUNCT
fbem-27720	317	9	11	11	NUM
fbem-27720	317	10	)	)	PUNCT
fbem-27720	317	11	,	,	PUNCT
fbem-27720	317	12	31	31	NUM
fbem-27720	317	13	-	-	SYM
fbem-27720	317	14	39	39	NUM
fbem-27720	317	15	.	.	PUNCT
fbem-27720	318	1	[	[	X
fbem-27720	318	2	15	15	NUM
fbem-27720	318	3	]	]	X
fbem-27720	318	4	li	li	PROPN
fbem-27720	318	5	,	,	PUNCT
fbem-27720	318	6	b.	b.	PROPN
fbem-27720	318	7	,	,	PUNCT
fbem-27720	318	8	cui	cui	PROPN
fbem-27720	318	9	,	,	PUNCT
fbem-27720	318	10	x.	x.	NOUN
fbem-27720	318	11	,	,	PUNCT
fbem-27720	318	12	&	&	CCONJ
fbem-27720	318	13	zhu	zhu	PROPN
fbem-27720	318	14	,	,	PUNCT
fbem-27720	318	15	c.	c.	PROPN
fbem-27720	318	16	(	(	PUNCT
fbem-27720	318	17	2023	2023	NUM
fbem-27720	318	18	)	)	PUNCT
fbem-27720	318	19	.	.	PUNCT
fbem-27720	319	1	the	the	DET
fbem-27720	319	2	nonlinear	nonlinear	ADJ
fbem-27720	319	3	spillover	spillover	ADJ
fbem-27720	319	4	effect	effect	NOUN
fbem-27720	319	5	of	of	ADP
fbem-27720	319	6	university	university	NOUN
fbem-27720	319	7	r&d	r&d	NOUN
fbem-27720	319	8	expenditure	expenditure	NOUN
fbem-27720	319	9	on	on	ADP
fbem-27720	319	10	r&d	r&d	NOUN
fbem-27720	319	11	quality	quality	NOUN
fbem-27720	319	12	under	under	ADP
fbem-27720	319	13	government	government	NOUN
fbem-27720	319	14	input	input	NOUN
fbem-27720	319	15	regulation	regulation	NOUN
fbem-27720	319	16	.	.	PUNCT
fbem-27720	320	1	macro	macro	ADJ
fbem-27720	320	2	quality	quality	NOUN
fbem-27720	320	3	research	research	NOUN
fbem-27720	320	4	,	,	PUNCT
fbem-27720	320	5	(	(	PUNCT
fbem-27720	320	6	01	01	NUM
fbem-27720	320	7	)	)	PUNCT
fbem-27720	320	8	,	,	PUNCT
fbem-27720	320	9	113	113	NUM
fbem-27720	320	10	-	-	SYM
fbem-27720	320	11	128	128	NUM
fbem-27720	320	12	.	.	PUNCT
fbem-27720	321	1	[	[	X
fbem-27720	321	2	16	16	NUM
fbem-27720	321	3	]	]	X
fbem-27720	321	4	xue	xue	PROPN
fbem-27720	321	5	,	,	PUNCT
fbem-27720	321	6	r.	r.	PROPN
fbem-27720	321	7	(	(	PUNCT
fbem-27720	321	8	2023	2023	NUM
fbem-27720	321	9	)	)	PUNCT
fbem-27720	321	10	.	.	PUNCT
fbem-27720	322	1	research	research	NOUN
fbem-27720	322	2	on	on	ADP
fbem-27720	322	3	the	the	DET
fbem-27720	322	4	correlation	correlation	NOUN
fbem-27720	322	5	between	between	ADP
fbem-27720	322	6	r&d	r&d	NOUN
fbem-27720	322	7	factor	factor	NOUN
fbem-27720	322	8	input	input	NOUN
fbem-27720	322	9	and	and	CCONJ
fbem-27720	322	10	intellectual	intellectual	ADJ
fbem-27720	322	11	property	property	NOUN
fbem-27720	322	12	output	output	NOUN
fbem-27720	322	13	and	and	CCONJ
fbem-27720	322	14	firm	firm	ADJ
fbem-27720	322	15	performance	performance	NOUN
fbem-27720	322	16	.	.	PUNCT
fbem-27720	323	1	chinese	chinese	ADJ
fbem-27720	323	2	market	market	NOUN
fbem-27720	323	3	,	,	PUNCT
fbem-27720	323	4	(	(	PUNCT
fbem-27720	323	5	28	28	NUM
fbem-27720	323	6	)	)	PUNCT
fbem-27720	323	7	,	,	PUNCT
fbem-27720	323	8	73	73	NUM
fbem-27720	323	9	-	-	SYM
fbem-27720	323	10	76	76	NUM
fbem-27720	323	11	.	.	PUNCT
fbem-27720	324	1	[	[	X
fbem-27720	324	2	17	17	NUM
fbem-27720	324	3	]	]	X
fbem-27720	324	4	zhou	zhou	PROPN
fbem-27720	324	5	,	,	PUNCT
fbem-27720	324	6	j.	j.	PROPN
fbem-27720	324	7	y.	y.	PROPN
fbem-27720	324	8	(	(	PUNCT
fbem-27720	324	9	2022	2022	NUM
fbem-27720	324	10	)	)	PUNCT
fbem-27720	324	11	.	.	PUNCT
fbem-27720	325	1	financing	financing	NOUN
fbem-27720	325	2	conditions	condition	NOUN
fbem-27720	325	3	,	,	PUNCT
fbem-27720	325	4	independent	independent	ADJ
fbem-27720	325	5	r&d	r&d	NOUN
fbem-27720	325	6	input	input	NOUN
fbem-27720	325	7	and	and	CCONJ
fbem-27720	325	8	enterprise	enterprise	NOUN
fbem-27720	325	9	innovation	innovation	NOUN
fbem-27720	325	10	performance	performance	NOUN
fbem-27720	325	11	output	output	NOUN
fbem-27720	325	12	:	:	PUNCT
fbem-27720	325	13	based	base	VERB
fbem-27720	325	14	on	on	ADP
fbem-27720	325	15	the	the	DET
fbem-27720	325	16	study	study	NOUN
fbem-27720	325	17	of	of	ADP
fbem-27720	325	18	listed	list	VERB
fbem-27720	325	19	chinese	chinese	ADJ
fbem-27720	325	20	medicine	medicine	NOUN
fbem-27720	325	21	enterprises	enterprise	NOUN
fbem-27720	325	22	.	.	PUNCT
fbem-27720	326	1	era	era	NOUN
fbem-27720	326	2	trade	trade	NOUN
fbem-27720	326	3	,	,	PUNCT
fbem-27720	326	4	(	(	PUNCT
fbem-27720	326	5	02	02	NUM
fbem-27720	326	6	)	)	PUNCT
fbem-27720	326	7	,	,	PUNCT
fbem-27720	326	8	80	80	NUM
fbem-27720	326	9	-	-	SYM
fbem-27720	326	10	84	84	NUM
fbem-27720	326	11	.	.	PUNCT
fbem-27720	327	1	[	[	X
fbem-27720	327	2	18	18	NUM
fbem-27720	327	3	]	]	X
fbem-27720	327	4	chen	chen	PROPN
fbem-27720	327	5	,	,	PUNCT
fbem-27720	327	6	x.	x.	PROPN
fbem-27720	327	7	,	,	PUNCT
fbem-27720	327	8	&	&	CCONJ
fbem-27720	327	9	feng	feng	PROPN
fbem-27720	327	10	,	,	PUNCT
fbem-27720	327	11	y.	y.	PROPN
fbem-27720	327	12	(	(	PUNCT
fbem-27720	327	13	2023	2023	NUM
fbem-27720	327	14	)	)	PUNCT
fbem-27720	327	15	.	.	PUNCT
fbem-27720	328	1	whether	whether	SCONJ
fbem-27720	328	2	government	government	NOUN
fbem-27720	328	3	r&d	r&d	NOUN
fbem-27720	328	4	expenditure	expenditure	NOUN
fbem-27720	328	5	is	be	AUX
fbem-27720	328	6	conducive	conducive	ADJ
fbem-27720	328	7	to	to	ADP
fbem-27720	328	8	leveraging	leverage	VERB
fbem-27720	328	9	the	the	DET
fbem-27720	328	10	innovation	innovation	NOUN
fbem-27720	328	11	performance	performance	NOUN
fbem-27720	328	12	of	of	ADP
fbem-27720	328	13	smes	sme	NOUN
fbem-27720	328	14	:	:	PUNCT
fbem-27720	328	15	a	a	DET
fbem-27720	328	16	nonlinear	nonlinear	ADJ
fbem-27720	328	17	threshold	threshold	NOUN
fbem-27720	328	18	effect	effect	NOUN
fbem-27720	328	19	test	test	NOUN
fbem-27720	328	20	based	base	VERB
fbem-27720	328	21	on	on	ADP
fbem-27720	328	22	the	the	DET
fbem-27720	328	23	panel	panel	NOUN
fbem-27720	328	24	data	datum	NOUN
fbem-27720	328	25	of	of	ADP
fbem-27720	328	26	industrial	industrial	ADJ
fbem-27720	328	27	enterprises	enterprise	NOUN
fbem-27720	328	28	.	.	PUNCT
fbem-27720	329	1	statistical	statistical	ADJ
fbem-27720	329	2	studies	study	NOUN
fbem-27720	329	3	,	,	PUNCT
fbem-27720	329	4	(	(	PUNCT
fbem-27720	329	5	10	10	NUM
fbem-27720	329	6	)	)	PUNCT
fbem-27720	329	7	,	,	PUNCT
fbem-27720	329	8	57	57	NUM
fbem-27720	329	9	-	-	SYM
fbem-27720	329	10	68	68	NUM
fbem-27720	329	11	.	.	PUNCT
fbem-27720	330	1	[	[	X
fbem-27720	330	2	19	19	NUM
fbem-27720	330	3	]	]	SYM
fbem-27720	330	4	ye	ye	NOUN
fbem-27720	330	5	,	,	PUNCT
fbem-27720	330	6	m.	m.	NOUN
fbem-27720	330	7	,	,	PUNCT
fbem-27720	330	8	&	&	CCONJ
fbem-27720	330	9	tang	tang	PROPN
fbem-27720	330	10	,	,	PUNCT
fbem-27720	330	11	g.	g.	PROPN
fbem-27720	330	12	(	(	PUNCT
fbem-27720	330	13	2022	2022	NUM
fbem-27720	330	14	)	)	PUNCT
fbem-27720	330	15	.	.	PUNCT
fbem-27720	331	1	inter	inter	ADJ
fbem-27720	331	2	-	-	ADJ
fbem-27720	331	3	temporal	temporal	ADJ
fbem-27720	331	4	interaction	interaction	NOUN
fbem-27720	331	5	between	between	ADP
fbem-27720	331	6	enterprise	enterprise	NOUN
fbem-27720	331	7	r&d	r&d	NOUN
fbem-27720	331	8	investment	investment	NOUN
fbem-27720	331	9	and	and	CCONJ
fbem-27720	331	10	financial	financial	ADJ
fbem-27720	331	11	performance	performance	NOUN
fbem-27720	331	12	affects	affect	VERB
fbem-27720	331	13	empirical	empirical	ADJ
fbem-27720	331	14	study	study	NOUN
fbem-27720	331	15	.	.	PUNCT
fbem-27720	332	1	journal	journal	PROPN
fbem-27720	332	2	of	of	ADP
fbem-27720	332	3	hunan	hunan	PROPN
fbem-27720	332	4	institute	institute	PROPN
fbem-27720	332	5	of	of	ADP
fbem-27720	332	6	technology	technology	PROPN
fbem-27720	332	7	(	(	PUNCT
fbem-27720	332	8	natural	natural	ADJ
fbem-27720	332	9	science	science	NOUN
fbem-27720	332	10	edition	edition	NOUN
fbem-27720	332	11	)	)	PUNCT
fbem-27720	332	12	,	,	PUNCT
fbem-27720	332	13	35(02	35(02	NUM
fbem-27720	332	14	)	)	PUNCT
fbem-27720	332	15	,	,	PUNCT
fbem-27720	332	16	44	44	NUM
fbem-27720	332	17	-	-	SYM
fbem-27720	332	18	50	50	NUM
fbem-27720	332	19	.	.	PUNCT
fbem-27720	333	1	[	[	X
fbem-27720	333	2	20	20	NUM
fbem-27720	333	3	]	]	SYM
fbem-27720	333	4	zhang	zhang	PROPN
fbem-27720	333	5	,	,	PUNCT
fbem-27720	333	6	q.	q.	PROPN
fbem-27720	333	7	(	(	PUNCT
fbem-27720	333	8	2023	2023	NUM
fbem-27720	333	9	)	)	PUNCT
fbem-27720	333	10	.	.	PUNCT
fbem-27720	334	1	research	research	NOUN
fbem-27720	334	2	on	on	ADP
fbem-27720	334	3	the	the	DET
fbem-27720	334	4	effect	effect	NOUN
fbem-27720	334	5	of	of	ADP
fbem-27720	334	6	r&d	r&d	NOUN
fbem-27720	334	7	input	input	NOUN
fbem-27720	334	8	of	of	ADP
fbem-27720	334	9	new	new	ADJ
fbem-27720	334	10	energy	energy	NOUN
fbem-27720	334	11	enterprises	enterprise	NOUN
fbem-27720	334	12	on	on	ADP
fbem-27720	334	13	sustainable	sustainable	ADJ
fbem-27720	334	14	development	development	NOUN
fbem-27720	334	15	based	base	VERB
fbem-27720	334	16	on	on	ADP
fbem-27720	334	17	the	the	DET
fbem-27720	334	18	perspective	perspective	NOUN
fbem-27720	334	19	of	of	ADP
fbem-27720	334	20	innovation	innovation	NOUN
fbem-27720	334	21	policy	policy	NOUN
fbem-27720	335	1	[	[	X
fbem-27720	335	2	dissertation	dissertation	NOUN
fbem-27720	335	3	]	]	PUNCT
fbem-27720	335	4	.	.	PUNCT
fbem-27720	336	1	shanxi	shanxi	PROPN
fbem-27720	336	2	.	.	PUNCT
fbem-27720	337	1	[	[	X
fbem-27720	337	2	21	21	NUM
fbem-27720	337	3	]	]	X
fbem-27720	337	4	liu	liu	PROPN
fbem-27720	337	5	,	,	PUNCT
fbem-27720	337	6	y.	y.	PROPN
fbem-27720	337	7	,	,	PUNCT
fbem-27720	337	8	&	&	CCONJ
fbem-27720	337	9	atuahene	atuahene	PROPN
fbem-27720	337	10	-	-	PUNCT
fbem-27720	337	11	gima	gima	PROPN
fbem-27720	337	12	,	,	PUNCT
fbem-27720	337	13	k.	k.	PROPN
fbem-27720	337	14	(	(	PUNCT
fbem-27720	337	15	2023	2023	NUM
fbem-27720	337	16	)	)	PUNCT
fbem-27720	337	17	.	.	PUNCT
fbem-27720	338	1	r&d	r&d	NOUN
fbem-27720	338	2	investment	investment	NOUN
fbem-27720	338	3	and	and	CCONJ
fbem-27720	338	4	innovation	innovation	NOUN
fbem-27720	338	5	performance	performance	NOUN
fbem-27720	338	6	:	:	PUNCT
fbem-27720	338	7	a	a	DET
fbem-27720	338	8	meta	meta	ADJ
fbem-27720	338	9	-	-	PUNCT
fbem-27720	338	10	analytic	analytic	ADJ
fbem-27720	338	11	review	review	NOUN
fbem-27720	338	12	.	.	PUNCT
fbem-27720	339	1	academy	academy	PROPN
fbem-27720	339	2	of	of	ADP
fbem-27720	339	3	management	management	PROPN
fbem-27720	339	4	journal	journal	NOUN
fbem-27720	339	5	,	,	PUNCT
fbem-27720	339	6	66(2	66(2	NUM
fbem-27720	339	7	)	)	PUNCT
fbem-27720	339	8	,	,	PUNCT
fbem-27720	339	9	560	560	NUM
fbem-27720	339	10	-	-	SYM
fbem-27720	339	11	584	584	NUM
fbem-27720	339	12	.	.	PUNCT
fbem-27720	340	1	[	[	X
fbem-27720	340	2	22	22	NUM
fbem-27720	340	3	]	]	X
fbem-27720	340	4	qian	qian	PROPN
fbem-27720	340	5	,	,	PUNCT
fbem-27720	340	6	y.	y.	PROPN
fbem-27720	340	7	,	,	PUNCT
fbem-27720	340	8	&	&	CCONJ
fbem-27720	340	9	zhao	zhao	PROPN
fbem-27720	340	10	,	,	PUNCT
fbem-27720	340	11	y.	y.	PROPN
fbem-27720	340	12	(	(	PUNCT
fbem-27720	340	13	2021	2021	NUM
fbem-27720	340	14	)	)	PUNCT
fbem-27720	340	15	.	.	PUNCT
fbem-27720	341	1	research	research	NOUN
fbem-27720	341	2	on	on	ADP
fbem-27720	341	3	the	the	DET
fbem-27720	341	4	effect	effect	NOUN
fbem-27720	341	5	of	of	ADP
fbem-27720	341	6	r&d	r&d	NOUN
fbem-27720	341	7	investment	investment	NOUN
fbem-27720	341	8	on	on	ADP
fbem-27720	341	9	financial	financial	ADJ
fbem-27720	341	10	performance	performance	NOUN
fbem-27720	341	11	of	of	ADP
fbem-27720	341	12	listed	list	VERB
fbem-27720	341	13	manufacturing	manufacturing	NOUN
fbem-27720	341	14	companies	company	NOUN
fbem-27720	341	15	in	in	ADP
fbem-27720	341	16	chinext	chinext	NOUN
fbem-27720	341	17	.	.	PUNCT
fbem-27720	342	1	journal	journal	PROPN
fbem-27720	342	2	of	of	ADP
fbem-27720	342	3	lianyungang	lianyungang	PROPN
fbem-27720	342	4	vocational	vocational	ADJ
fbem-27720	342	5	and	and	CCONJ
fbem-27720	342	6	technical	technical	PROPN
fbem-27720	342	7	college	college	NOUN
fbem-27720	342	8	,	,	PUNCT
fbem-27720	342	9	(	(	PUNCT
fbem-27720	342	10	04	04	NUM
fbem-27720	342	11	)	)	PUNCT
fbem-27720	342	12	,	,	PUNCT
fbem-27720	342	13	1	1	NUM
fbem-27720	342	14	-	-	SYM
fbem-27720	342	15	7	7	NUM
fbem-27720	342	16	.	.	PUNCT
fbem-27720	343	1	[	[	X
fbem-27720	343	2	23	23	NUM
fbem-27720	343	3	]	]	X
fbem-27720	343	4	smith	smith	PROPN
fbem-27720	343	5	,	,	PUNCT
fbem-27720	343	6	r.	r.	PROPN
fbem-27720	343	7	l.	l.	PROPN
fbem-27720	343	8	,	,	PUNCT
fbem-27720	343	9	&	&	CCONJ
fbem-27720	343	10	li	li	PROPN
fbem-27720	343	11	,	,	PUNCT
fbem-27720	343	12	x.	x.	PROPN
fbem-27720	343	13	(	(	PUNCT
fbem-27720	343	14	2020	2020	NUM
fbem-27720	343	15	)	)	PUNCT
fbem-27720	343	16	.	.	PUNCT
fbem-27720	344	1	the	the	DET
fbem-27720	344	2	effect	effect	NOUN
fbem-27720	344	3	of	of	ADP
fbem-27720	344	4	r&d	r&d	NOUN
fbem-27720	344	5	investment	investment	NOUN
fbem-27720	344	6	on	on	ADP
fbem-27720	344	7	firm	firm	ADJ
fbem-27720	344	8	performance	performance	NOUN
fbem-27720	344	9	:	:	PUNCT
fbem-27720	344	10	evidence	evidence	NOUN
fbem-27720	344	11	from	from	ADP
fbem-27720	344	12	the	the	DET
fbem-27720	344	13	automotive	automotive	ADJ
fbem-27720	344	14	industry	industry	NOUN
fbem-27720	344	15	.	.	PUNCT
fbem-27720	345	1	journal	journal	PROPN
fbem-27720	345	2	of	of	ADP
fbem-27720	345	3	economics	economic	NOUN
fbem-27720	345	4	and	and	CCONJ
fbem-27720	345	5	finance	finance	NOUN
fbem-27720	345	6	,	,	PUNCT
fbem-27720	345	7	44(3	44(3	NUM
fbem-27720	345	8	)	)	PUNCT
fbem-27720	345	9	,	,	PUNCT
fbem-27720	345	10	315	315	NUM
fbem-27720	345	11	-	-	SYM
fbem-27720	345	12	332	332	NUM
fbem-27720	345	13	.	.	NOUN
fbem-27720	345	14	400	400	NUM
fbem-27720	346	1	[	[	SYM
fbem-27720	346	2	24	24	NUM
fbem-27720	346	3	]	]	X
fbem-27720	346	4	chen	chen	PROPN
fbem-27720	346	5	,	,	PUNCT
fbem-27720	346	6	m.	m.	NOUN
fbem-27720	346	7	,	,	PUNCT
fbem-27720	346	8	&	&	CCONJ
fbem-27720	346	9	zhao	zhao	PROPN
fbem-27720	346	10	,	,	PUNCT
fbem-27720	346	11	j.	j.	PROPN
fbem-27720	346	12	(	(	PUNCT
fbem-27720	346	13	2022	2022	NUM
fbem-27720	346	14	)	)	PUNCT
fbem-27720	346	15	.	.	PUNCT
fbem-27720	347	1	investment	investment	NOUN
fbem-27720	347	2	in	in	ADP
fbem-27720	347	3	innovation	innovation	NOUN
fbem-27720	347	4	and	and	CCONJ
fbem-27720	347	5	financial	financial	ADJ
fbem-27720	347	6	performance	performance	NOUN
fbem-27720	347	7	:	:	PUNCT
fbem-27720	347	8	a	a	DET
fbem-27720	347	9	study	study	NOUN
fbem-27720	347	10	of	of	ADP
fbem-27720	347	11	chinese	chinese	ADJ
fbem-27720	347	12	listed	list	VERB
fbem-27720	347	13	companies	company	NOUN
fbem-27720	347	14	.	.	PUNCT
fbem-27720	348	1	research	research	NOUN
fbem-27720	348	2	policy	policy	NOUN
fbem-27720	348	3	,	,	PUNCT
fbem-27720	348	4	51(7	51(7	PROPN
fbem-27720	348	5	)	)	PUNCT
fbem-27720	348	6	,	,	PUNCT
fbem-27720	348	7	1029	1029	NUM
fbem-27720	348	8	-	-	SYM
fbem-27720	348	9	1041	1041	NUM
fbem-27720	348	10	.	.	PUNCT
fbem-27720	349	1	[	[	X
fbem-27720	349	2	25	25	NUM
fbem-27720	349	3	]	]	X
fbem-27720	349	4	zhao	zhao	X
fbem-27720	349	5	,	,	PUNCT
fbem-27720	349	6	y.	y.	PROPN
fbem-27720	349	7	,	,	PUNCT
fbem-27720	349	8	wang	wang	PROPN
fbem-27720	349	9	,	,	PUNCT
fbem-27720	349	10	n.	n.	PROPN
fbem-27720	349	11	,	,	PUNCT
fbem-27720	349	12	&	&	CCONJ
fbem-27720	349	13	zhang	zhang	PROPN
fbem-27720	349	14	,	,	PUNCT
fbem-27720	349	15	l.	l.	PROPN
fbem-27720	349	16	(	(	PUNCT
fbem-27720	349	17	2021	2021	NUM
fbem-27720	349	18	)	)	PUNCT
fbem-27720	349	19	.	.	PUNCT
fbem-27720	350	1	nonlinear	nonlinear	ADJ
fbem-27720	350	2	effect	effect	NOUN
fbem-27720	350	3	of	of	ADP
fbem-27720	350	4	r&d	r&d	NOUN
fbem-27720	350	5	input	input	NOUN
fbem-27720	350	6	on	on	ADP
fbem-27720	350	7	firm	firm	ADJ
fbem-27720	350	8	performance	performance	NOUN
fbem-27720	350	9	:	:	PUNCT
fbem-27720	350	10	an	an	DET
fbem-27720	350	11	empirical	empirical	ADJ
fbem-27720	350	12	study	study	NOUN
fbem-27720	350	13	based	base	VERB
fbem-27720	350	14	on	on	ADP
fbem-27720	350	15	fixed	fix	VERB
fbem-27720	350	16	-	-	PUNCT
fbem-27720	350	17	effect	effect	NOUN
fbem-27720	350	18	panel	panel	NOUN
fbem-27720	350	19	threshold	threshold	NOUN
fbem-27720	350	20	model	model	NOUN
fbem-27720	350	21	.	.	PUNCT
fbem-27720	351	1	industrial	industrial	ADJ
fbem-27720	351	2	technology	technology	NOUN
fbem-27720	351	3	and	and	CCONJ
fbem-27720	351	4	economics	economic	NOUN
fbem-27720	351	5	,	,	PUNCT
fbem-27720	351	6	(	(	PUNCT
fbem-27720	351	7	01	01	NUM
fbem-27720	351	8	)	)	PUNCT
fbem-27720	351	9	,	,	PUNCT
fbem-27720	351	10	48	48	NUM
fbem-27720	351	11	-	-	SYM
fbem-27720	351	12	58	58	NUM
fbem-27720	351	13	.	.	PUNCT
fbem-27720	352	1	[	[	X
fbem-27720	352	2	26	26	NUM
fbem-27720	352	3	]	]	X
fbem-27720	352	4	zhang	zhang	PROPN
fbem-27720	352	5	,	,	PUNCT
fbem-27720	352	6	l.	l.	PROPN
fbem-27720	352	7	(	(	PUNCT
fbem-27720	352	8	2024	2024	NUM
fbem-27720	352	9	)	)	PUNCT
fbem-27720	352	10	.	.	PUNCT
fbem-27720	353	1	research	research	NOUN
fbem-27720	353	2	on	on	ADP
fbem-27720	353	3	the	the	DET
fbem-27720	353	4	impact	impact	NOUN
fbem-27720	353	5	of	of	ADP
fbem-27720	353	6	r&d	r&d	NOUN
fbem-27720	353	7	investment	investment	NOUN
fbem-27720	353	8	jump	jump	VERB
fbem-27720	353	9	on	on	ADP
fbem-27720	353	10	enterprise	enterprise	NOUN
fbem-27720	353	11	performance	performance	NOUN
fbem-27720	353	12	[	[	X
fbem-27720	353	13	dissertation	dissertation	NOUN
fbem-27720	353	14	]	]	PUNCT
fbem-27720	353	15	.	.	PUNCT
fbem-27720	354	1	northwest	northwest	PROPN
fbem-27720	354	2	university	university	PROPN
fbem-27720	354	3	for	for	ADP
fbem-27720	354	4	nationalities	nationality	NOUN
fbem-27720	354	5	.	.	PUNCT
fbem-27720	355	1	[	[	X
fbem-27720	355	2	27	27	NUM
fbem-27720	355	3	]	]	X
fbem-27720	355	4	chen	chen	PROPN
fbem-27720	355	5	,	,	PUNCT
fbem-27720	355	6	m.	m.	NOUN
fbem-27720	355	7	,	,	PUNCT
fbem-27720	355	8	&	&	CCONJ
fbem-27720	355	9	zhao	zhao	PROPN
fbem-27720	355	10	,	,	PUNCT
fbem-27720	355	11	j.	j.	PROPN
fbem-27720	355	12	(	(	PUNCT
fbem-27720	355	13	2022	2022	NUM
fbem-27720	355	14	)	)	PUNCT
fbem-27720	355	15	.	.	PUNCT
fbem-27720	356	1	investment	investment	NOUN
fbem-27720	356	2	in	in	ADP
fbem-27720	356	3	innovation	innovation	NOUN
fbem-27720	356	4	and	and	CCONJ
fbem-27720	356	5	financial	financial	ADJ
fbem-27720	356	6	performance	performance	NOUN
fbem-27720	356	7	:	:	PUNCT
fbem-27720	356	8	a	a	DET
fbem-27720	356	9	study	study	NOUN
fbem-27720	356	10	of	of	ADP
fbem-27720	356	11	chinese	chinese	ADJ
fbem-27720	356	12	listed	list	VERB
fbem-27720	356	13	companies	company	NOUN
fbem-27720	356	14	.	.	PUNCT
fbem-27720	357	1	research	research	NOUN
fbem-27720	357	2	policy	policy	NOUN
fbem-27720	357	3	,	,	PUNCT
fbem-27720	357	4	51(7	51(7	PROPN
fbem-27720	357	5	)	)	PUNCT
fbem-27720	357	6	,	,	PUNCT
fbem-27720	357	7	1029	1029	NUM
fbem-27720	357	8	-	-	SYM
fbem-27720	357	9	1041	1041	NUM
fbem-27720	357	10	.	.	PUNCT
fbem-27720	358	1	[	[	X
fbem-27720	358	2	28	28	NUM
fbem-27720	358	3	]	]	X
fbem-27720	358	4	lei	lei	PROPN
fbem-27720	358	5	,	,	PUNCT
fbem-27720	358	6	z.	z.	PROPN
fbem-27720	358	7	h.	h.	PROPN
fbem-27720	358	8	,	,	PUNCT
fbem-27720	358	9	&	&	CCONJ
fbem-27720	358	10	ran	run	VERB
fbem-27720	358	11	,	,	PUNCT
fbem-27720	358	12	y.	y.	PROPN
fbem-27720	358	13	(	(	PUNCT
fbem-27720	358	14	2022	2022	NUM
fbem-27720	358	15	)	)	PUNCT
fbem-27720	358	16	.	.	PUNCT
fbem-27720	359	1	an	an	DET
fbem-27720	359	2	empirical	empirical	ADJ
fbem-27720	359	3	study	study	NOUN
fbem-27720	359	4	on	on	ADP
fbem-27720	359	5	r&d	r&d	NOUN
fbem-27720	359	6	investment	investment	NOUN
fbem-27720	359	7	and	and	CCONJ
fbem-27720	359	8	financial	financial	ADJ
fbem-27720	359	9	performance	performance	NOUN
fbem-27720	359	10	of	of	ADP
fbem-27720	359	11	pharmaceutical	pharmaceutical	NOUN
fbem-27720	359	12	manufacturing	manufacturing	NOUN
fbem-27720	359	13	enterprises	enterprise	NOUN
fbem-27720	359	14	:	:	PUNCT
fbem-27720	359	15	the	the	DET
fbem-27720	359	16	moderating	moderate	VERB
fbem-27720	359	17	role	role	NOUN
fbem-27720	359	18	of	of	ADP
fbem-27720	359	19	social	social	ADJ
fbem-27720	359	20	responsibility	responsibility	NOUN
fbem-27720	359	21	.	.	PUNCT
fbem-27720	360	1	business	business	NOUN
fbem-27720	360	2	and	and	CCONJ
fbem-27720	360	3	management	management	NOUN
fbem-27720	360	4	,	,	PUNCT
fbem-27720	360	5	(	(	PUNCT
fbem-27720	360	6	01	01	NUM
fbem-27720	360	7	)	)	PUNCT
fbem-27720	360	8	,	,	PUNCT
fbem-27720	360	9	108	108	NUM
fbem-27720	360	10	-	-	SYM
fbem-27720	360	11	114	114	NUM
fbem-27720	360	12	.	.	PUNCT
fbem-27720	361	1	[	[	X
fbem-27720	361	2	29	29	NUM
fbem-27720	361	3	]	]	X
fbem-27720	361	4	chen	chen	PROPN
fbem-27720	361	5	,	,	PUNCT
fbem-27720	361	6	y.	y.	PROPN
fbem-27720	361	7	,	,	PUNCT
fbem-27720	361	8	wang	wang	PROPN
fbem-27720	361	9	,	,	PUNCT
fbem-27720	361	10	w.	w.	PROPN
fbem-27720	361	11	,	,	PUNCT
fbem-27720	361	12	&	&	CCONJ
fbem-27720	361	13	wang	wang	PROPN
fbem-27720	361	14	,	,	PUNCT
fbem-27720	361	15	f.	f.	PROPN
fbem-27720	361	16	(	(	PUNCT
fbem-27720	361	17	2023	2023	NUM
fbem-27720	361	18	)	)	PUNCT
fbem-27720	361	19	.	.	PUNCT
fbem-27720	362	1	research	research	NOUN
fbem-27720	362	2	and	and	CCONJ
fbem-27720	362	3	development	development	NOUN
fbem-27720	362	4	investment	investment	NOUN
fbem-27720	362	5	performance	performance	NOUN
fbem-27720	362	6	evaluation	evaluation	NOUN
fbem-27720	362	7	of	of	ADP
fbem-27720	362	8	industrial	industrial	ADJ
fbem-27720	362	9	enterprises	enterprise	NOUN
fbem-27720	362	10	above	above	ADP
fbem-27720	362	11	designated	designate	VERB
fbem-27720	362	12	size	size	NOUN
fbem-27720	362	13	in	in	ADP
fbem-27720	362	14	ten	ten	NUM
fbem-27720	362	15	provinces	province	NOUN
fbem-27720	362	16	and	and	CCONJ
fbem-27720	362	17	cities	city	NOUN
fbem-27720	362	18	in	in	ADP
fbem-27720	362	19	eastern	eastern	PROPN
fbem-27720	362	20	china	china	PROPN
fbem-27720	362	21	.	.	PUNCT
fbem-27720	363	1	technology	technology	NOUN
fbem-27720	363	2	and	and	CCONJ
fbem-27720	363	3	industry	industry	NOUN
fbem-27720	363	4	,	,	PUNCT
fbem-27720	363	5	(	(	PUNCT
fbem-27720	363	6	16	16	NUM
fbem-27720	363	7	)	)	PUNCT
fbem-27720	363	8	,	,	PUNCT
fbem-27720	363	9	154	154	NUM
fbem-27720	363	10	-	-	SYM
fbem-27720	363	11	159	159	NUM
fbem-27720	363	12	.	.	PUNCT
fbem-27720	364	1	[	[	X
fbem-27720	364	2	30	30	NUM
fbem-27720	364	3	]	]	X
fbem-27720	364	4	zhao	zhao	X
fbem-27720	364	5	,	,	PUNCT
fbem-27720	364	6	y.	y.	PROPN
fbem-27720	364	7	,	,	PUNCT
fbem-27720	364	8	wang	wang	PROPN
fbem-27720	364	9	,	,	PUNCT
fbem-27720	364	10	n.	n.	PROPN
fbem-27720	364	11	,	,	PUNCT
fbem-27720	364	12	&	&	CCONJ
fbem-27720	364	13	zhang	zhang	PROPN
fbem-27720	364	14	,	,	PUNCT
fbem-27720	364	15	l.	l.	PROPN
fbem-27720	364	16	(	(	PUNCT
fbem-27720	364	17	2021	2021	NUM
fbem-27720	364	18	)	)	PUNCT
fbem-27720	364	19	.	.	PUNCT
fbem-27720	365	1	nonlinear	nonlinear	ADJ
fbem-27720	365	2	effect	effect	NOUN
fbem-27720	365	3	of	of	ADP
fbem-27720	365	4	r&d	r&d	NOUN
fbem-27720	365	5	input	input	NOUN
fbem-27720	365	6	on	on	ADP
fbem-27720	365	7	firm	firm	ADJ
fbem-27720	365	8	performance	performance	NOUN
fbem-27720	365	9	:	:	PUNCT
fbem-27720	365	10	an	an	DET
fbem-27720	365	11	empirical	empirical	ADJ
fbem-27720	365	12	study	study	NOUN
fbem-27720	365	13	based	base	VERB
fbem-27720	365	14	on	on	ADP
fbem-27720	365	15	fixed	fix	VERB
fbem-27720	365	16	-	-	PUNCT
fbem-27720	365	17	effect	effect	NOUN
fbem-27720	365	18	panel	panel	NOUN
fbem-27720	365	19	threshold	threshold	NOUN
fbem-27720	365	20	model	model	NOUN
fbem-27720	365	21	.	.	PUNCT
fbem-27720	366	1	industrial	industrial	ADJ
fbem-27720	366	2	technology	technology	NOUN
fbem-27720	366	3	and	and	CCONJ
fbem-27720	366	4	economics	economic	NOUN
fbem-27720	366	5	,	,	PUNCT
fbem-27720	366	6	(	(	PUNCT
fbem-27720	366	7	01	01	NUM
fbem-27720	366	8	)	)	PUNCT
fbem-27720	366	9	,	,	PUNCT
fbem-27720	366	10	48	48	NUM
fbem-27720	366	11	-	-	SYM
fbem-27720	366	12	58	58	NUM
fbem-27720	366	13	.	.	PUNCT