Research On The Effect Of Organizational Factors On The Innovation Performance Of High-tech Enterprises

As a national technology development center, high-tech enterprise gradually getthe market’s and the state’s attention. Ability to innovate is an important indicator toconsider the competitiveness of high-tech enterprises. Innovation can improve businessperformance, so it’s the focus of corporate managers. This study from the internalorganizational characteristics respect to consider organizational factors that influenceinnovative performance, then come to help to improve the innovation performancepolicy recommendations.Organizational factors include financial factors, human factors, ownership structureand incentives. This study put forward organizational factors impact on the role ofhigh-tech enterprises assumptions, which is according to the existing theory andresearch based on the analysis results. Then we establish a multiple regression modelwith the dependent variable of the number of patent applications and net profit.Firstly, this study introduces the research background and significance, clarifies theimportance and practicality of research firm innovation performance, in order to finddirections and limitations of the current study, raise the issues and the significance ofthis study. Then it goes to the theoretical analysis from various organizational factorsimpact on innovation performance, including board characteristics, firm size, R&Dinvestment, shareholding structure, incentives. This paper collects the2011-2012,China’s A-share listed companies in the high-tech enterprises of patent applications andnet profit, and substitute two years as the deferred input and output. Select financialfactors, human factors, ownership structure and incentives in four areas of fifteenvariable data as explanatory variables, to get the descriptive analysis and empirical testof assumptions and theoretical models.The empirical results show that financial factors, staff education, the number ofsize, ownership concentration and incentives for innovation performance has asignificant positive effect, while board structure and leadership structure for the role ofinnovation performance is not significantly. Currently state-owned shares of high-techenterprises accounted for a smaller proportion of all the shares, it not provide strongsupport to innovation performance for enterprises.