A Comparative Study Of The Enterprises' International Competitiveness Based On Innovation

With the advance of the economic globalization, competitions between countries become more and more intense. As the key element to improve economic growth and enterprises' development, technological Innovation has shown up its growing importance, and ways to promote international competitiveness are increasingly concentrated on. The scholars all over the world have studied and confirmed that technological innovation helps to improve international competitiveness from the point of view of country, industry and enterprise. As the most active micro subject in the economy, studying the role of innovation to its international competitiveness has strategic significance.At first, the paper constructs innovation evaluation system that may influence enterprises' international competitiveness by using innovation input, innovation output, and innovation supporting system. And then do international horizontal comparison of enterprises' international competitiveness based on innovation. Then, in order to make a comparison of Chinese enterprises, the author uses panel data of different registration companies from year 2000 to 2006. And the result shows that, innovation input and output and international competitiveness of Chinese companies are still on a low level compared with the world. The results of correlation tests between innovation elements and enterprises' international competitiveness show that they have relatively strong correlation. Among them, innovation output plays the most important role to the enterprises' international competitiveness, the second is innovation input, and loan of financial institutions and government loan play relatively week roles.Because of different ownership, enterprises' innovation actions have different influence to their international competitiveness. The empirical analysis shows that: the foreign-funded enterprises' innovation input, innovation output loan of financial institutions will promote the competitiveness more than national enterprises does, while the capital sustainment from government has great promotion for international competitiveness. Ultimately, basing on the empirical analyzing results, the author raises the proposals of how to strengthen enterprises' international competitiveness through innovation.