Control Over The Transfer Of Operating Performance And Technological Innovation

Today's society the rapid development of economic and technological to make the business environment of enterprises are facing increasingly complex,to enhance the competitiveness of enterprises more companies focus on their product innovation. Study of the factors that enhance technological innovation for China's enterprises in technology innovation strategy development and technology innovation to improve the whole community has an important significance.The positive role of the Control transfer market, got a lot of empirical proof in the study of Chinese and foreign. Listed companies happened after control technique innovation achievements transferring its whether improved, control the positive role of the transfer market is also reflected in the enterprise technology innovation, is a matter of concern for our research institute. In addition, as a measure of corporate performance management is an important factor in the situation, impact of technological innovation within the company as a factor, the state will have a direct impact on the enterprise's technological innovation behavior. Research enterprise performance to explain the influence of technological innovation in enterprise may help explain enterprise's technical innovation behavior.In this study, the Shanghai and Shenzhen markets in China occurred in 2006-2007, 183 transfer of control of listed companies as samples, the theoretical analysis proposed four hypotheses, select the control is transferred to three years after the first 3 years a total of seven years as Study time window, using statistical analysis software SPSS and Eviews the four research hypotheses were tested and found: (1)The transfer of control occurs after the technological innovation has been significantly improved. Especially in the year after control transfer technique innovation achievements raise to a larger extent. (2) The profitability of the enterprise and between technological innovation there is no significant positive correlation. (3) Business marketing capabilities and technological innovation a significant positive correlation between the relationships. (4) Free cash flow business and technological innovation does not exist between the results was a significant positive correlation.This paper studies the transfer of control, performance and technical innovation. China A-share market place by transfer control of data, empirical test of a listed company after the transfer of control of the outcome of changes in technology innovation, as well as control of the operating results after the transfer of the impact of technological innovation for national innovation Related policies to find out the part of the evidence.