Research On The Impact Of Innovation Environment On The Innovation Performance Of High-tech Industry

At present,China's economic development has entered a new normal state,and the demand structure has undergone profound changes.Under the background that China's demographic dividend is gradually disappearing and the constraints of factors,resources and environment are constantly strengthening,this brings opportunities and challenges to transform the economic development mode.In the past,the high-input,high-pollution,low-efficiency and extensive economic growth model driven by production factors has no longer been suitable for the current economic situation and the need for green and efficient development,and economic development has entered a bottleneck period.Therefore,how to seize the historical opportunity to accelerate the transformation of the extensive quantitative expansion of economic growth mode,inject new vitality into the national economy and social development,and promote the transformation of economic development mode into intensive development under the new normal economy.The high-tech industry has strong penetrating power to other industries.Under the new economic normal,it has an important guiding role in transforming the economic development mode,promoting the comprehensive transformation and upgrading of the industry,and cultivating new kinetic energy.It is an important carrier for implementing the national innovation-driven strategy.A core industry that promotes the transformation of the way the economy develops.Related research shows that the high performance of high-tech industries depends largely on the storage of new environments.Therefore,how to optimize resource allocation,improve the structure of innovation environment,match the innovation environment with actual needs,maximize the incentive effect of input on innovation,and gradually become the research focus of innovation.Exploring the nonlinear relationship between the innovation environment and the technological innovation performance of high-tech industries has important academic value for China's transformation of economic growth mode and accumulation of new kinetic energy under the new normal.Firstly,on the basis of combing the research of relevant scholars,this paper analyzes the innovation environmen,and puts forward the optimal innovation environment assumption.Secondly,the level of innovation efficiency of high-tech industries in China is measured based on the Super efficient MinDS model and the Malmquist index.Then,based on the threshold regression model,the paper examines and analyzes the threshold effect ofinnovation efficiency of high-tech industries based on the four indexes of government intervention,economic publicization,financial structure and industrial agglomeration.Finally,put forward conclusions and countermeasures for the better development of China's high-tech industries to provide some reference.The main conclusions of this study are as follows:(1)The impact of government intervention on the innovation performance of high-tech industry is firstly increasing and then decreasing.The V-shaped curve is reduced.When the proportion of government funds in the R&D expenditure of high-tech industry is less than 3.889%,the government subsidy is positive.When government funds accounted for more than 3.889%,government subsidies showed a slight negative impact.When the ratio reached 12.428%,the government-funded reverse incentive effect was further enhanced.(2)The impact of economic publicization on the innovation performance of high-tech industries is the first “ V ”-shaped curve with increasing and decreasing.When the proportion of state-owned enterprises is less than 18.1%,the role of state-owned enterprises in innovation of high-tech industries is positive.When the proportion of state-owned enterprises is greater than 18.1%,the state-owned economy has a slight negative impact,when the proportion of state-owned enterprises reaches 50.9.At the time of %,this negative impact is further expanded.(3)The influence of financial structure on the innovation e is the inverted “V” curve with increasing and decreasing.When the ratio of bank size/market size is around 1.997,the financial structure at this time will maximize the promotion of high-tech industry innovation.(4)The impact of industrial agglomeration on the innovation performance of high-tech industries is a linear relationship with a continuous increase.