| With the acceleration of market-oriented reform in China,the vitality of market entities is constantly improving.the enterprise make a significant contribution to economic growth.China become the world's second largest economy in 2010.At the same time,the production process of enterprises is crude,high consumption and high pollution,the products are called low-tech,low price and low value-added products,which made economic structure unreasonable and overcapacity.How to improve the core capacity building of enterprise is an urgent problem to be solved.At present,China is in the period of economic transformation,and can't separate the government from the market.The government controls a lot of resources,plays an importantroleinresource allocation.Technological innovation will not only be affected by the internal environment of the enterprise,but also by the relationship with the government.political connection as an informal system can help enterprises obtain resources and information,but whether political relations can promote enterprise technological innovation remains to be further studied.This paper takes the information technology industry as the research object,analyzes the mechanism of political connection and marketization for enterprise technological innovation,and research on whether the influence of political connection on enterprise technological innovation is different under different marketization.Then provide suggestions for the improvement of China's market system and the development of information technology industry.This paper first introduces the research background,research significance and so on.The second chapter is literature review,combing the domestic and foreign literature of political connection and marketization,studding the influence of political connection and the impact of marketization on enterprise.On this basis,putting forward related theory and the research hypothesis.Define the concept of technological innovation,political connectionand marketization.Analyzing the mechanism of the political connection to the technological innovation,the mechanism of the marketization to the technological innovation and the different influence of political connection on the technological innovation under different marketization.In the empirical research part,this paper is a sample of 494 information technology industry enterprises from 2010 to 2014,using the enterprise technology innovation as the explanatory variable,the political connection,marketization as the explanatory variable,the enterprise scale,enterprise debtand the ownership concentration degree as the control variable.Through descriptive statistical analysis,person correlation,the XTTobit regression model is used to obtain the empirical analysis,and provide suggestions accordingly.The results show that theoperation of enterprise is not only affected by the internal factors of the enterprise,but also affected by the external environment.The results of this study show thatpolitical connection inhibits enterprise technological innovation;the marketization promotes the technological innovation;In the areas wherethe marketizationis low,the inhibition of technological innovation is weakenedThe policy recommendations presented is that making the competition mechanism play a major role in the market.The government should provide a fair market environment for enterprises and reduce government intervention in the market economy.Enterprises should continuously carry out technological innovation and offer better products to the market.In addition,the corporate governance structure has some influence on the technological innovation of enterprises.Enterprises should reflect on their own problems and improve the governance structure.Innovation point of this article is thatresearchingpolitical connection's influence on the enterprise technological innovation.At the same time,the paper studies the influence of marketization on enterprise.and considers under different marketization,political connectionto enterprise.Secondly,it takes a specific industry as the object of study,which avoids the influence of different attributes of the industry on technological innovation,andprovides suggestions for the development of the information technology industry. |
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