Font Size: a A A

Research On The Relationship Between Innovation Input And Innovation Performance Of High-Tech Enterprises In Optics Valley Of China

Posted on:2011-01-15Degree:MasterType:Thesis
Country:ChinaCandidate:H WuFull Text:PDF
GTID:2189360308975294Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the globalization of economy, innovation has become the main rhythm in knowledge economy era. "National Long-term Scientific and Technological Development Plan (2006-2020)" points out the need of implementing the national strategy of enhancing the independent innovation ability to all aspects of modernization, to various industries and regions. Nowadays, all countries have been increasing the input in innovation, while our country reflects a strong trend. Firms in our country have increasingly consolidated their main position in innovation input and output. As we all know, the competence of a country or a industry finally embodies the competence of its firms. So it is significant to conduct some research on innovation input at the firm level, in order to correctly direct the input decision and enhance innovation capability of firms. As the supporting industries and the main source for economy growth, high-tech industries have been the key point among countries and regions. "Optics Valley of China" is a cluster area dominated by optoelectronic industry and the development of it significantly affects the two types of social construction and the implementation of central grow-up strategy. In light of the innovative statistics, "Optics Valley of China" has make great breakthrough in innovation input and output while it still falls far form the world famous high-tech zones, such as Silicon Valley. Therefore, it is necessary in theory to explore the relationship between innovation input and innovation performance of firms in "Optics Valley of China" in order to find out the high-tech firms'current situation, effectively direct the innovation input decision and enhance the competence of high-tech firms.Nowadays, the measurement on the innovation input and innovation performance of firms has not come to an agreement. Although there is clear definition and measurement index in relative literatures, many researchers still tend to use R&D input or S&T input to measure innovation input and use the number of patents applied or profit ability to measure innovation performance because it is difficult to get all the data. So there is little research from the multi-dimension view. In view of this, this paper explores the relationship between innovation input and innovation performance of high-tech firms in Optics Valley of China, based on the open innovation environment. The thesis has 39,000 words in total and includes 6 figures and 30 tables. The main content and conclusion are as follows:1. We instruct such concepts as innovation, R&D and the difference between innovation and R&D. Based on the innovation-relative theories and literatures especially open innovation, we construct the index frameworks of innovation input and innovation performance of firms combining with "Oslo Manual" and "Frascati Manual". The innovation input can be divided into R&D input and non-R&D input. R&D input includes basic research input, applied research input, experimental development input, and the ratio of R&D personnel while non-R&D input includes the number of science and technology center and outside knowledge input. The innovation performance includes the number of patents owned (patent performance) and net profit (profit performance). Although not all the innovation results will apply the patents, most will apply and patents mostly cover the entire process of technology area. The final aim of innovation is to enhance the competence of firms and the net profit which reflects the final performance of innovation, is the most direct index to check up the economy benefit of innovation.2. We review some relative theory such as innovation theory, resource-based view, and open innovation, summarize the research between innovation input (including R&D input) and innovation performance, and summarize the influencing factors of innovation input, and finally put forward several hypothesises of the relationships. Next, we conduct an empirical research to explore the relationship between innovation input and innovation performance of firms of different sizes, combining with the data from innovation survey of "Optics Valley of China" in 2006. According to Pearson analysis, the finding proves that innovation performance is closely related to the total improvement of innovation input. With the exception of basic research input intensity, the innovation input dimensions are significantly and positively correlated with the patent performance. With the exception of basic research input intensity and the ratio of R&D personnel, the innovation input dimensions are significantly and positively correlated with the profit performance. According to independent-sample t-test results, the firm size has a positive and significant effect on the patent performance and profit performance.Through the multi-regression analysis, we can see that, as for patent performance, the result shows that the ratio of R&D personnel, applied research input intensity, experimental development input intensity and the number of science and technology center are the most important factors significantly affecting firm's patent performance. For large firms, basic research input intensity and experimental development input intensity are found to be the innovation input affecting the patent performance, while the ratio of R&D personnel is surprisingly found to be vital for small firms and experimental development input intensity is the significant factor for medium-sized firms. And as for profit performance, the result shows that applied research input intensity, experimental development input intensity, the number of patents owned and outside knowledge input intensity are the most important factors significantly affecting firm's profit performance. For large firms, experimental development input intensity, the number of patents owned and outside knowledge input intensity are found to be the innovation input affecting the profit performance, while the number of patents owned and surprisingly the ratio of R&D personnel are found to be vital for small firms and the number of patents owned is the significant factor for medium-sized firms. Henceforce, high-tech firms should establish feasible and appropriate strategies in terms of size and resources condition enhancing the using efficiency of research funds and boosting up the consciousness of acquiring patents, in order to get better and quicker development. At the same time, the authorities should further increase the basic research input and applied research input, promote the cooperation of industry, university and research institute, and set down innovative incentive policies and patent regulations to build a harmonious environment.In conclusion, this paper comprehensively constructs the analytical framework of innovation input and innovation performance of firms based on the previous research, and systematically explores the relationship between them, which can provide a kind of theory support to help optimize the innovation input decision and enhance the innovation input-output efficency...
Keywords/Search Tags:Optics Valley of China, High-tech firms, Innovation input, Innovation performance
PDF Full Text Request
Related items