A Research On Industry Innovation Performance Basde On The CDM Model

Innovation is an essential resource to economic development. Industry innovationis included in of innovation study. Industry innovation is a systematic process in whichinnovative contents such as the technology, the product, the market, the organization,function together with other complex influencing factors. How to better realize industryinnovation is concerned with the research on industry innovation performance.Therefore, researchers at home and abroad, the research institutes, and governmentsalike put great emphasis on the industry innovation performance study.Basic theories related to industrial innovation performance are reviewed, and theresearch relevant to industry innovation and industry innovation performance at homeand abroad is sorted out, with the disadvantages in the present study being summarized.The concept of industry innovation and its main contents are listed, and the definitionemployed in the thesis is proposed; on this basis, the concept of industry innovationperformance is elaborated on, the key factors are covered that affect industry innovationperformance including input (such as research and development, human resources) andoutput (for example, patent), a framework is constructed to analyze industry innovationperformance, the interaction between the organization, the behavior of industryinnovation and industry innovation performance is investigated, and the influence of thefunctioning channels (for instance, industry effect, innovation spreading, learning effect,spillover effect and the like) on industry innovation is discussed. The advantages anddisadvantages of the traditional assessment method are measured against those of thefrontal method, and the CDM model utilized in the thesis is put forward and accountedfor.In the empirical part, a model containing the influencing factors discussed above isconstructed, and the relationship between these factors and industry innovationperformance is identified. Chinese listed companies on GEM being selected as theempirical subject, panel data in the year2010and2011being collected, an empiricalstudy based on the CDM model being conducted, it is verified that there is a positivecorrelation between certain factors of industry innovation (such as research anddevelopment input, spillover effect, advanced technology) and industry innovationperformance whereas there is no significant correlation between industry innovationoutput and industry innovation performance and a negative correlation between industryinnovation performance and the support of the government, the company age. Then theempirical results are justified from both theoretical and practical perspectives andsuggestions are put forward to improve industry innovation performance based on thepractical situation of the listed companies on GEM and meanwhile policy suggestions are offered for the government to increase industry innovation performance.