Research On The Impact Of Independent Innovation On Enterprise Value

Under the background of the gradual strengthening of the economic globalization,independent innovation has become the core element of the current international competitiveness.The state's attention to scientific and technological innovation is also increasing year by year,and the enterprise as the main body of national independent innovation should assume this responsibility.Actively improve their own innovation capabilities.Enterprise value management is one of the effective means to help enterprises realize value maximization,and enterprise value evaluation is a basic work of enterprise value management.Enterprises should conduct enterprise value evaluations,formulate enterprise development planning strategies based on them,optimize the company's resource allocation,make scientific and relevant decisions,and continuously improve corporate value.This paper firstly introduces the research background and significance of the paper,then briefly describes the content,framework and research methods of the paper,and finally describes the innovation.The literature review mainly focuses on the theory of independent innovation and the theory of corporate value,as well as the review of independent innovation and corporate value.The theoretical basis includes the theory of independent innovation and the theory of corporate value.This part mainly lays a solid foundation of literature and theory for the subsequent chapters.This is followed by a case study of Huawei's independent innovation.This section is the first introduction to Huawei.Then the characteristics of Huawei's independent innovation were combed.This part focuses on dividing the evolutionary process of Huawei's independent innovation model into three phases,namely the model innovation phase,the cooperation innovation phase,and the independent innovation phase.It also makes an objective statement of Huawei's independent innovation elements and financial status.Next is an analysis of the impact of Huawei's independent innovation on corporate value.Firstly,it focuses on the analysis of Huawei's corporate value based on economic value-added;secondly,it starts from the impact of subject-based independent innovation on corporate value,including analysis of how each factor influences corporate value,and the impact of each combination of factors oncorporate value.How big is it;followed by the analysis of the contribution of independent innovation to the value of the enterprise,and through the final analysis to reflect the impact of independent innovation on the value of the company.Finally,it summarizes the successful experiences from Huawei's innovation process and analyzes its policy suggestions on the impact of the company's value enhancement.It mainly summarizes from the perspective of the three elements of technological innovation.This article can provide reference for other enterprises that carry out independent innovation to improve their corporate value,and also provide reference for the evaluation of the value of non-listed companies,especially the valuation of communications companies.Because China is the second largest economy in the world,with a large number of enterprises,independent innovation of enterprises and evaluation of corporate value are increasingly valued by many companies,but due to lack of experience,there are not many successful theories and methods of using enterprise value management.