Simulation Study On The Influence Of Government Subsidies On The In Novation Performance Of Agricultural Listed Companies

As the basic industry of a country,agriculture is closely related to the national economy and people’s life,but because of the cyclical season and obvious regional characteristics,the development of many restrictions.As the market competition intensifies,agricultural listed companies should rely on technological innovation,enhance their independent innovation ability in an all-round way,further enhance their overall production capacity,and promote the long-term development of Chinese agriculture.If listed agricultural companies want to carry out innovation,they must put more energy into research and development,and research and development ability is a kind of soft power of listed agricultural companies,it represents the input and output ratio of listed agricultural companies in innovation and research and development,and is directly related to the innovation performance of listed agricultural companies.However,due to the weak quality and externality of agriculture,the development of agriculture is hindered.Therefore,the government increases the government subsidies to listed agricultural companies to improve their innovation performance.Based on this,by analyzing innovation theory and applying system dynamics method,this paper studies the influence mechanism of government subsidies on innovation performance of listed agricultural companies on the basis of reviewing the theoretical literature on government subsidies and enterprise innovation,and establishes a system dynamic model for the study of the influence of government subsidies on innovation performance.According to the actual situation of agricultural listed companies,the system dynamics equation is constructed and simulated.Based on the simulation results,the effects of direct subsidies and indirect subsidies on the innovation performance of listed agricultural companies were compared.The simulation results are verified by using the management data of Longping Hi-tech,a listed company.The results are as follows:(1)Both direct government subsidies and indirect government subsidies have significant positive effects on the innovation performance of listed agricultural companies;(2)The effect of direct government subsidies on the innovation performance of listed agricultural companies is more obvious than indirect government subsidies,and the promotion effect is better;(3)R&D investment of listed agricultural companies plays an intermediary role between government subsidies and corporate innovation performance;(4)Both direct government subsidies and indirect government subsidies promote the R&D input of listed agricultural companies.According to the above research,corresponding suggestions are put forward from the government level and the enterprise level respectively.From the government level,government subsidies should further support the innovation of listed agricultural companies,direct subsidies and indirect subsidies should be implemented in coordination,and innovation output-oriented subsidy policies should be established.From the perspective of enterprises:increase investment in R&D and innovation activities,improve innovation ability and innovation achievement transformation ability,and improve the utilization efficiency of government subsidies.