Research On The Business Dynamic Ability Of Strategic Emerging Industries

With the rapid development and cross-integration of science and technology in various fields,emerging industries characterized by intensive knowledge and technology are booming all over the world and becoming the leading force leading a new round of industrial revolution.Under the situation of China’s economic development entering the new normal,the development speed of strategic emerging industries will fundamentally determine China’s position and overall competitiveness in the international market.It has become an inevitable trend for China’s economy to achieve comprehensive,coordinated and sustainable development in a longer term,to embark on the path of innovation-driven and endogenous growth as soon as possible,and to focus on the development of strategic emerging industries so that they will become the leading force in economic and social development.Based on the theory of industry evolution and the synthesis of related,from emerging industry macro,meso and micro aspects of entrepreneurship synthesis influence factors,on the basis of literature analysis using Delphi method established by the macroeconomic,the size of the market,administrative system,financial,industrial agglomeration and technology innovation of science and technology,human capital,financial capital,resources integration of nine dimensions,a total of 23 indicators emerging industries entrepreneurial ability synthetic evaluation system.The index model of entrepreneurial synthetic ability of emerging industries based on the analytic hierarchy process(AHP)was established.The importance of each index set and index was evaluated by ANP,and the weight of each index was calculated by Super Decision,so as to obtain the evaluation method of entrepreneurial synthetic ability of emerging industries.Then select the a-share listed companies as samples,using the tendency to score matching method(PSM)will strategic emerging industry enterprises and the strategic emerging industry enterprises matching,confounding bias and remove the sample selectivity by double difference method(DID)get rid of the difference between the two groups does not change with time and time effect,inspection strategic emerging industries policy support to the growth of strategic emerging industries venture synthesis ability effect,and by changing the measured variables of technology innovation and matching method of replacement of two different ways for robustness test results.The main conclusions of this paper are as follows: the most important first-level evaluation indexes of entrepreneurial synthesis ability of emerging industries are,in order,technological innovation ability,industrial agglomeration,administrative system,industrial agglomeration scale,collaborative innovation,intellectual property,market growth and other second-level evaluation indexes with high weight.On the other hand,after the implementation of supportive policies,the innovation input and output of enterprises in strategic emerging industries are significantly improved compared with those in non-strategic emerging industries.This shows that the positive promotion effect of the support policies for the strategic emerging industries on the technological innovation of enterprises is greater than the negative inhibition effect.The support policies for the strategic emerging industries can eliminate the negative externalities in the technological innovation of enterprises to a certain extent,and enhance the technological innovation ability of enterprises through the support of resources or institutions.