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A Comparative Study On Innovation Dynamics,innovation Resources And Innovation Performance Between State-owned And Private Enterprises

Posted on:2019-12-16Degree:MasterType:Thesis
Country:ChinaCandidate:C S ShiFull Text:PDF
GTID:2429330542982870Subject:Business management
Abstract/Summary:
Since March 2015,Prime Minister Li Keqiang proposed the “popular entrepreneurship and innovation”,innovation has become the theme of the era.Raising the capacity for independent innovation and building an innovative country have become China's major strategic tasks.In the implementation of this strategy,state-owned enterprises and private enterprises have played an important role.Therefore,how to improve the innovation performance of state-owned enterprises and private enterprises has become a practical problem that needs to be solved urgently.Based on this,we compare the innovation dynamics and innovation resources of state-owned and private enterprises,analyze the differences and logic behind them,and discuss the impact of innovation dynamics and innovation resources on innovation performance,hope that we can inspire the future innovation of state-owned and private enterprises,and ultimately maximize the innovation performance of the company.First of all,the existing researches on enterprise innovation dynamics and innovation resources are summarized and summed up,summing up the dimensions of innovation dynamics and innovation resources.Among them,the innovation dynamics includes government policy incentives,market competition pressures,technological progress and entrepreneurship;innovation resources include human resources,financial resources,infrastructure and environmental resources and organizational management resource.Then comparing the innovation dynamics and innovation resources of state-owned enterprises and private enterprises,we find that China's state-owned enterprises now have more abundant innovation resources and conditions,but the innovation dynamics is slightly insufficient;private enterprises' innovation dynamics is relatively high,but it is difficult to get enough innovation resources.Then,establish a model framework for the relationship between innovation dynamics,innovation resources and innovation performance,put forward relevant assumptions and use the collected sample data collected from 347 companies to conduct group inspections on state-owned and private enterprises.The results showed that market competition pressures,technological progress,entrepreneurship,human resources,financial resources,infrastructure and environmental resources,and organizational management resources will positively affect the innovation performance of state-owned and private enterprises,while government policy incentives only affect the performance of private enterprises and has no significant effect on the innovation performance of state-owned enterprises.On this basis,the impact of each factor on the innovation performance of state-owned and private enterprises is further analyzed.It is found that technological progress has a greater impact on the innovation performance of state-owned enterprises,and entrepreneurship has a greater impact on the innovation performance of private enterprises.Finally,based on the empirical analysis results of the relationship between innovation dynamics,innovation resources and innovation performance,combined with the comparative analysis conclusion of the innovation dynamics and innovation resources of state-owned and private enterprises,the countermeasures and suggestions are proposed to promote the innovation performance of state-owned and private enterprises.Specifically,it includes six aspects: First,the government should reduce or cancel direct subsidies for state-owned enterprises and increase policy support for private enterprises.;The second is to continue to improve the market economic system and “let the market decide the allocation of resources”;The third is to improve the selection and evaluation mechanism of top-level managers in state-owned enterprises;The fourth is to broaden the financing channels for private enterprises;The fifth is to increase the degree of protection of intellectual property,patents and proprietary technologies;and the sixth is to build enterprise innovation culture and innovation incentive mechanism.
Keywords/Search Tags:State-owned Enterprise, Private Enterprise, Innovation Dynamics, Innovation Resource, Innovation Performance
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