Research On Dynamic Management Mode Of Innovation Capital Of High-tech Enterprise

The rapid development of information technology, the rapidly changing of market environment, the increasingly fierce of market competition and so on have changed and are changing the business environment for survival, but also put forward higher requirements for business innovation. High-tech enterprises as the main scientific and technological innovation, the innovation requires a lot of capital investment, and its complex dynamics of operating environment and innovation activities, makes the effectiveness of its strategic behavior continue to reduce, and also makes the innovation cycle constantly being compressed. Original capital management concepts, models and mechanisms increasingly unable to meet the needs of enterprise development, so. requires a combination of innovative features of high-tech enterprises, from a new perspective research on management model of innovation capital, in order to reduce liquidity risk of innovation capital, achieve the dynamic management and optimize the allocation of innovation capital, enhance the innovation capability and core competitiveness of the enterprise.Against the characteristics of high-tech enterprises’complex dynamics of operating environment and innovation activities, this paper puts forward the ideas of building dynamic management mode of innovation capital. This paper analyzes the driving factors of dynamic management of innovation capital, and gives the objectives and principles of construction of dynamic management mode of innovation capital, and the assumptions to build the dynamic mode, including of complexity, rolling stage, multi-metering, on this basis, designs the dynamic management mode of innovation capital, and analysis its characteristics. Integrated application the theory of real options and BSC. AHP and gray-comprehensive evaluation method, from budgeting, process control, the results of the evaluation, budget adjustments and other aspects, gives a method of innovation capital dynamic management mode of operation. This mode based on the process of innovation divides capital management into R&D stage, industrialization stage.market-oriented stage.and further subdivided each stage. thereby making the management of innovation capital never controlled steering to controllable stages. In Hualon Biological Engineering Co.. Ltd as empirical research object, to apply the dynamic management mode of innovation capital. Finally, puts forward the mechanisms to guarantee the effective operation of dynamic management mode of innovation capital from protection mechanism, information support mechanisms, early warning mechanisms, incentive and restraint mechanisms etc. It is important theoretical and practical significant to achieve the optimal allocation of innovation capital, improve the efficiency of the enterprise financial decision-making for the research in this paper.