An Empirical Study On The Impact Of Uncertainty Avoidance On The Innovation Of Manufacturing Enterprises In China

Due to the urgency and the importance of innovation for the enterprise, the literature study all aspects of the important factors to stimulate innovation and the impact of innovation. With the new round of global technological revolution and the industrial revolution and accelerate the transformation of economic development of the formation of the historic intersection, which increased uncertainty business environment, increased uncertainty in this case to clarify how to remove uncertainty the relationship between sexual and innovation, how to effectively control the use of this uncertainty, to stimulate innovation plays an important role.This article uncertainty avoidance in the relevant business, business innovation research literature on the basis of, firstly, the concept of business uncertainty avoidance and innovation to define, and then on the basis of theoretical analysis, starting from the company's capital structure, to build a culture in which a dimension-uncertainty avoidance attitude at the enterprise level metrics that companies buy fixed assets financing sources of internal funds or retained earnings ratio proposed business uncertainty avoidance attitude on enterprise innovation behavior hypothesis, the establishment uncertainty avoidance enterprise, innovation measurement model and the business model uncertainty avoidance introduction into the environment of uncertainty and business innovation as a moderator. On this basis, our environmental report for the World Bank in 2012, a Chinese enterprise 11 different industries in 25 cities from the manufacturing sector to 1692 investment in manufacturing firms as the sample data, empirical behavior from the microscopic level It examines the overall level of uncertainty avoidance attitude, relationship between environmental uncertainty and innovation strength. Then conducting OLS Stata software and analyzed by using the method of instrumental variables 2SLS empirical testResults of this study on China manufacturing enterprises in uncertain environment a reasonable choice uncertainty avoidance, and to enhance their own manufacturing innovation performance has a certain significance.