Research On Intellectual Capital And Enterprise Performance Of Chinese Internet Of Things Listed Companies Based On Industrial Stratification

Internet Of Thing is a product of technological innovation which is essential in today's technological age of the Commission. With social progress and development of technology, the networking industry expanding rapidly, the industry chain gradually improved. Depending on the capabilities of the networking industry chain of IOT industry can be subdivided into perception layer, transport layer and application layer three levels. In this paper, the study a total of 72 listed companies, Construction finishing 2009 to 2013.Things panel database of listed companies listed companies according to annual data. Stratification using industry research things listed companies to build intellectual capital and performance evaluation system,and then study the things listed company intellectual capital and business performance in the chain segments of different manifestations.Using DEA data envelopment analysis, stepwise regression, and correlation quantitative analysis, to compare the things listed company's intellectual capital impact on business performance. The results show:first, things intellectual capital components listed company's human capital, financial capital, capital and performance of technology companies have great relevance, and intellectual capital constitutes correlation also exists between elements. Secondly, my things listed companies there are significant differences in the efficiency of development, perception and transport layers development efficiency year by year, fierce competition and low profit margins, the application layer, business efficiency steadily. thirdly, things listed companies performance and financial capital and technology capital have a direct link, and financial capital to promote business performance is more obvious, human capital does not contribute directly to business performance.After the analysis, it can clear things huge industry potential benefits. However, things as a sunrise industry, the market acceptance is still limited. The company invested R & D capability is weak, many companies only stay in a simple manufacturing level, low-profit big risk. Therefore, based on a hierarchical networking industry listed companies under the intellectual capital of the enterprise performance analysis will facilitate the development of intellectual capital for the industry chain investment strategy, help policy makers to optimize the allocation of intellectual capital, improve business performance, industry continues to promote growth and scientific development. Meanwhile, listed companies in the networking industry research to provide a basis for investors to invest in the stock market.