Font Size: a A A

Equity Incentive Model Affects The Mechanism Of Innovation Performance

Posted on:2017-01-31Degree:MasterType:Thesis
Country:ChinaCandidate:H Y YaoFull Text:PDF
GTID:2209330485461284Subject:Accounting
Abstract/Summary:PDF Full Text Request
Technology innovation can bring innovative products or cost savings for the enterprise, is the key for enterprises to obtain sustainable competitiveness. Technological innovation cannot do without management support and actively cooperate with the key technicians, so as to alleviate agency conflicts, attract and retain core talents, improve the management and key technicians’enthusiasm, the equity incentive mechanism has been recognized and widely practice, by more and more enterprises. Based on the UF network as an example, according to the implementation of the three equity incentive of enterprise, analyzes the key factors affecting the performance of enterprise innovation and the transmission mechanism, the equity incentive model as the dependent variable, with innovation performance as outcome variables, builds a conceptual model of innovation performance the effect of equity incentive mechanism, and analyzes from five aspects.Research shows that:the implementation of equity incentive model of enterprise innovation performance has positive effect, however, different equity incentives to enhance the enterprise innovation performance of the main elements and factors vary. Implementation of restricted stock incentive and incentive stock options, to scientific research, technical personnel produce incentive effect, promote the scientific research, technical personnel of the work force and the converted output and innovation of corporate R & D contribute; hybrid equity incentive can not only increase scientific research, technical staff motivation to work, may also make the management increased investment in research and development strength, further to the enterprise innovation performance impact.
Keywords/Search Tags:equity incentive, innovation performance, R & D investment, mechanism of action
PDF Full Text Request
Related items