Study On Hi-tech Corporation's Cost Management Mechanism

The society has entered a new stage since the 1990s. Hi-tech industry's accelerated development is amazing, its operation mode and its achievement have made new economy's foundation and has been influencing and changing economics theory, business strategy, commercial game rule and people's concept and behaviour. Technology innovation plays a more and more important role and the world's economic competence more clearly embodies the competition of science and technology. Hi-tech corporation, an important unit and cell of technology innovation and hi-tech industry, is different from traditional corporation, which is generally describesd by the academic with three words "high, quick, sensitive." The term "high" is referred to product's high technology content, large investment and risk, high economic value and high intelligence; "quick" is referred to its product changes, manufacturing system's adjusted to market and corporation's development; "sensitive" is referred to its organization structure's and management system's response to outer market information changes. Hi-tech corporation's character challenges traditional cost management. Traditional cost management is established to adapt traditional corporation's character and satisfy traditional corporation's cost management, whose study focus on standard cost management and study pattern lays particular stress on methods study. Hi-tech corporation's survival environment and characters are very different from traditional corporation's, which challenges traditional cost management's content and methods and brings forward new requirements. Traditional cost management faces crisis. The dissertation－hi-tech corporation's cost management mechanism is a new trial to meet this demand.Hi-tech corporation's cost management mechanism is put forward and structured to fit hi-tech corporation's character and requirement to new cost management, which includes seven chapters.Capter1: hi-tech corporation's growth background and definition. The chapter begins with studying hi-tech corporation's growth background; Then the author studies hi-tech corporation's main characters that help adapting to environment, including high technology, high risk, high benefit, be sensitive to information changes, manufacturing technics adjusted rapidly, high intelligence capital investment and so on. Finally, the author discusses our country's definition to hi-tech corporation.Chapter2: theory basis of hi-tech corporation's cost management mechanism. Hi-tech corporation's cost management mechanism is put forward and constructed in order to fit hi-tech corporation's character and its requirement to new cost management. The chapter firstly puts forward the concept of hi-tech corporation'scost management mechanism, which means an operation mode hi-tech corporation's cost management activities depend upon and combined by some factors and their functions; Then, the author describes technology routes of five sub-mechanisms and summarizes their contents. The last is about the theory basis of hi-tech corporation's cost management mechanism.Chapter3: strategy planning mechanism of hi-tech corporation's "science and technology driver" cost management. The first character of hi-tech corporation is "core technology competence", which demands "science and technology driver" cost management and strategy planning mechanism. The chapter firstly studies the orientation of " science and technology driver"and indicates that the objective of strategy planning of hi-tech corporation's cost management is to realize sustainable cost-benefit's biggest, which is the logic jumping-off point of strategy planning of hi-tech corporation's cost management. The next the author studies the mechanism of strategy planning of hi-tech corporation's cost management, which includes its characteristic and its analysis tool; The last issue involves hi-tech corporations' technology innovation strategy and cost management's strategy determination.Chapter4: the risk averse mechanism of hi-tech corporation's risk cost management...