Strategic Emerging Industries Innovation Input-Output Analysis Of The Dynamic Effects

With the accelerating process of globalization, the role of intellectual resources has gradually beyond the material resources, the world has entered the era of knowledge economy. Business innovation has become an innovative country established an important support and strategic emerging industry is an important measure for the country to foster innovation and development. Therefore, in order to accelerate the development of major technological breakthrough, a major development needs based on strategic emerging industries, to promote the upgrading of industrial structure and economic development mode, and enhancing our capacity for independent development and international competitiveness of great significance. China must adhere to the market to play a fundamental role of government guidance and to promote the combination of technological innovation and industrialization of combining deepen reform,business-oriented, to promote research combination of the strategic emerging industries to cultivate leading industry of the national economy and pillar industries. How innovative ability of strategic emerging industries to quantify the analysis and evaluation of the development of strategic emerging industry has become a top priority.Small and medium business sector is a significant concentration of high-technology SMEs with good growth and a good financing platform is an innovative and successful activists, is a microcosm of Chinese enterprise innovation. So this paper, the small plates listed companies as a strategic emerging enterprises study, based on technological innovation theory, human capital theory, information transmission theory, this group of enterprises innovation system Research. First, the need for innovation inputs and outputs and the relationships between them to sort out. Secondly, based on the relevant theory and literature review, in view of the small board listed company’s specific circumstances, proposed innovation input and output indicators choice. Investment in R& D funding innovation strength, the strength of investment in human capital and government grants three indicators. Innovation output performance have economic output, knowledge-based output, Tobin Q three indicators. Third, stability and cointegration test, Granger causality test, it is estimated SVAR model, and ultimately by the pulse analysis, variance decomposition results innovation input and output performance trends and relationship dynamics. Finally, specific empirical analysisconcluded. Through empirical study, the following conclusions: First, small plates listed companies in the strategic emerging industry enterprises innovative R & D intensity for innovation performance, although positive effects, but less affected. Second,investment in staff strength for enterprise and economic growth affect the maximum output, the most persistent. Third, government subsidies for investment in innovation also have poor correlation between output and only a certain influence in the short term memory. Proposals from companies, governments, investors in three areas based on the conclusions.