Research On The Influence Mechanism Of Technological Innovation On Enterprise Cost Management Innovation

Since China’s economic development entered the new normal in 2014,China has introduced the made in China 2025 strategy,innovation-driven development strategy and other policies to vigorously promote innovation activities.The Made in China 2025 strategy emphasizes strengthening research and development of key and core technologies and improving innovation and design capabilities,while the innovation-driven development strategy proposed in the 13 th five-year plan further clarifies that innovation should be placed at the core of the country’s overall development and efforts should be made to enhance independent innovation capabilities.With the continuous advancement of China’s national innovation strategy,scientific and technological innovation is playing an increasingly important role in social and economic development and comprehensively deepening reform.From the micro level,technological innovation is the basic premise for the survival and development of many enterprises.In the face of increasingly fierce competition in the domestic and foreign market environment,increasing investment in technological innovation is the inevitable choice for enterprises to base themselves on the market and enhance market competitiveness.Cost management is not only an important part of enterprise management,but also the foundation of enterprise survival and development.Cost management is of great significance for promoting production and expenditure reduction,strengthening cost accounting,improving operation and management,and improving the overall management level of enterprises.In 2015,general President Xi Jinping proposed supply-side structural reform,emphasizing the transformation of economic development mode and the realization of optimal allocation of factors to improve the quality of economic growth.In 2016,it was further proposed that while moderately expanding aggregate demand,we should reduce production capacity,reduce inventory,deleverage,reduce costs and strengthen weak links,namely the policy of "three reductions one decrease and one subsidy".Among them "reduce cost" emphasize to reduce business operation cost namely,strengthen cost management job.Technological innovation and cost management are two important aspects of economic development.Under the influence of the change of economic environment and the national macro-policy,more and more attention has been paid to technological innovation and cost management innovation in recent years.Existing literatures have conducted a large number of studies on the influencing factors and economic consequences of technological innovation of enterprises from the micro and macro levels.At the same time,many scholars have also discussed the evolution process,influencing factors and mode innovation of cost management.Although occasional literature on technical innovation and cost management innovation to test the relationship between the two,as some scholars based on the research of the high-tech enterprises,technical innovation and cost management innovation have complementary synergy relationship between,some scholars also put forward from the Angle of historical evolution of homework cost method is based on the progress of the 80 s of the 20 th century,means technology innovation to promote the cost management innovation,but few scholars have influence on technology innovation of cost management of the specific research paths.As far as reality is concerned,technological innovation has a significant and far-reaching impact on enterprises,and technological progress will inevitably lead to changes in the internal productivity of enterprises,thus putting forward new requirements on the production relationship within enterprises.From this point of view,technological progress will inevitably affect or lead to cost management innovation through some or some paths.This paper mainly studies the influence mechanism of technological innovation on enterprise cost management innovation.When it is difficult to distinguish the research problem from its internal and external environment,it is appropriate to adopt the case study method(Robert K hwan,2017).Technological innovation,cost management innovation and the influence mechanism of technological innovation on cost management innovation are closely related to the enterprise environment and difficult to distinguish.Therefore,this paper adopts the case study method to carry out the research.The important steps of the case study are as follows: first,based on the innovation theory,scientific management theory and organizational theory,the paper preliminarily constructs the theoretical viewpoint of the impact mechanism of technological innovation on cost management innovation.Secondly,based on the theoretical point of view,the case study scheme is designed to form a case study framework.Third,take Daqing Oilfield Company as the case study.Through on-site interview,on-site observation and other methods to collect case evidence analysis data,and the use of "pattern matching" evidence analysis techniques to analyze the evidence data,to form a case study point of view.Fourth,through the theoretical construction and case evidence analysis cycle,finally form the conclusion of this paper.Through case study,this paper puts forward a theoretical model of how technological innovation affects cost management innovation through production process and organizational innovation,enterprise organizational change and accounting information technology progress.The main research conclusions of this paper are as follows:First,the progress of production technology can have a significant impact on the production organization form of enterprises.The change of production organization form also promotes the innovation of cost management mode.This paper focuses on the production changes caused by the progress of science and technology in Daqing Oilfield Company.,and discusses the influence of the changes of production organization form on the cost management mode from three aspects.Firstly,the progress of production technology has promoted the transformation of production factors.Along with the changes of production factors----labor materials,management factors and information factors,etc.,the cost management mode is also constantly changing,such as the application of standard cost method and activity-based cost method.Secondly,the expansion of production scale based on technological innovation and the refinement of production process respectively urge enterprises to adopt cost budget control and batch method for cost management.Finally,changes in product quality and types brought about by technological innovation also put forward new requirements for cost management,thus promoting cost management innovation.Second,the progress of enterprise production technology makes the organizational structure change accordingly,and then drives the innovation of enterprise cost management mode.By combing the technological innovation process of Daqing Oilfield Company.,this paper examines the two stages,mainly imitative innovation and independent innovation,and finds that there are different organizational structures corresponding to different innovation stages,and the cost management model also changes with the change of organizational structure.To be specific,Daqing Oilfield Company has adopted dimentional organization structure in order to cooperate with the production in the imitation and innovation stage,and has also applied the cost management mode--responsible cost management which is consistent with the dimentional organization structure.In the stage where the R&D mode is dominated by independent innovation,in order to improve the production efficiency,the case enterprise introduced the functional organizational structure with stronger flexibility on the basis of the original divisional organizational structure,and applied the corresponding activity-based cost management method.The case study finds that the innovation and evolution of the whole cost management mode are based on matching with the changes of new technology and organizational structure.The innovation of production technology based on output promotes the change of organizational structure,and the change of organizational structure breeds the integration of new cost management mode.Thirdly,technological innovation influences the reform of enterprise accounting information system,and further influences the innovation of enterprise cost management.Through the case study of two subsidiaries of Daqing Oilfield Company,it is found that the development of accounting information system itself brought by technological progress can directly promote the innovation of cost management.Specifically,the reform of enterprise accounting information system can produce positive effects on cost management innovation through fine budget cost management,standardized cost accounting management,strengthened operation and control cost,etc.In addition,the establishment of financial sharing center brought by technological progress can also promote cost management innovation by reducing financial operating costs and improving accounting efficiency.Accounting information system is one of the material bases of cost management.Accounting information system develops with the progress of technology,and cost management is innovated with the development of accounting information system.The innovation and contribution of this paper are mainly reflected in the following aspects:Firstly,this paper proposes and demonstrates for the first time that technological innovation is an important influencing factor of cost management innovation,and initially constructs an analytical framework of technological innovation influencing cost management innovation.This has enriched the research literature on technology innovation and cost management to a certain extent.There have been a lot of researches on the topics of "influencing factors of technological innovation","economic consequences of technological innovation" and "cost management mode",but no scholars have discussed the role and path of technological innovation in cost management innovation.This paper adopts the method of multi-case study to analyze and demonstrate the impact of technological innovation on cost management innovation from multiple perspectives.Secondly,this paper systematically reveals the economic relationship between technological innovation and cost management,and clarifies the complete transmission path between them.Most of the existing literature isolated technological innovation and cost management innovation and few scholars discussed the specific economic relationship between them.Different from previous literatures,this paper takes Daqing Oilfield Company as a case enterprise to verify the intermediary effect of production organization form,organizational structure and accounting information system between technological innovation and cost management innovation,thus further clarifying the influence mechanism and specific path of technological innovation on enterprise management.Thirdly,this paper focuses on the influence of technological innovation on enterprise management behavior,and further expands the research field of technological innovation effect.A large number of scholars mainly study the economic consequences of technological innovation from the perspectives of production activities,enterprise value and macroeconomic consequences.Few scholars study the impact of technological innovation on enterprise management behavior.Technological progress will bring a series of chain reactions to enterprises.Research on the impact of technological innovation on enterprises should not be limited to its direct economic consequences,but also should focus on the indirect impact of technological innovation on enterprise management.This article takes the technical innovation as the entry point,settles in the enterprise cost management innovation,discusses the intrinsic economic relations between them.The research in this paper further enriches the relevant research results on the economic consequences of technological innovation,and at the same time has important reference value for enterprise management practice.