This paper is based on performance feedback theory and organizational behavior theory,Based on the logical idea of "performance feedback —— innovation strategy ——performance",Through the theoretical analysis of the different impact mechanisms of performance feedback signals based on social and historical expectations on the performance of enterprise dual innovation strategy and technology under the perspective of performance feedback,After establishing the theoretical model,the panel data is used to empirically test the following problems: 1.Assess the technical performance of the enterprise in catch-up from two aspects of its own performance and performance comparison with the industry leading enterprises;2.The influence of expected performance feedback signal on the choice of enterprise dual innovation is studied from the perspective of performance feedback;3.What is the regulatory effect of competition intensity in external environment in performance feedback,dual innovation and technology catch-up of late-comer enterprises.The empirical test results show that: first,historical expectation performance feedback has a significant positive relationship between exploratory innovation and utilization innovation,and social expectation performance feedback also has a significant impact on exploratory innovation and utilization innovation.This shows that when the actual performance of the enterprise is higher than the historical expectation or the social expectation of performance,the enterprise will strengthen its innovation behavior to maintain its good performance.In the empirical test of performance feedback and technology catch-up performance,historical expectation performance feedback was significantly and positively correlated with technology catch-up performance of enterprises relative to their own technology,and social expectation performance feedback was significantly and positively correlated with technology catch-up performance of relatively leading enterprises.Second,in the dual innovation intermediary effect test,using innovation and exploratory innovation in historical expected performance feedback and enterprise relative technology chasing performance relationship in the intermediary role,and using innovation in social expectations performance feedback and enterprise relatively leading enterprise technology chase performance relationship in part of the intermediary effect.Under the condition of other control variables such as enterprise scale and operation ability,exploratory innovation has more effect on the technology catch-up performance of enterprises than utilization innovation,and utilization innovation has better technology catch-up effect of leading enterprises.Third,the intensity of competition positively regulates the positive relationship of exploratory innovation on enterprises relative to their own catch-up performance,that is,exploratory innovation is conducive to the technological progress of enterprises themselves,and the more competitive the environment,the less the utilization innovation can help enterprises realize the technology catch-up of leading enterprises.The intensity of competition positively regulates the impact of exploratory innovation on the technology catch-up performance of relatively leading enterprises,and the competition intensity has no significant impact on the relationship between utilization innovation and the technology catch-up performance of relatively leading enterprises. |