Study On The Impact Of Technological Innovation On Corporate Performance Of China's Automobile Manufacturing Listed Company

With the constant progress of science and technology, more and more enterprises realize that it is important to maintain strong momentum of development depends on the power of science and technology in such a fierce competitive environment. Technological innovation is the core competitiveness of enterprises to maintain and Technological innovation is to promote the development of the automotive industry and the fundamental core. However, compared with many developed countries, technological innovation in our country is still low. This is mainly because our enterprise to the attention of technology innovation is still inadequate and the ability of technology innovation is weak. The car manufacturing as one of the pillars of economic development in our country, it plays a decisive role to promote the development of the national economy level. But compared with many developed countries, technology innovation of auto industry in China still has great space for development. Therefore, it is important for me to study the subject.This article on the basis of predecessors' research, based on the theory of technology innovation and business performance evaluation index analysis, combining with the study of the literature at home and abroad research, with China's automobile manufacturing industry listed companies during 2010-2014 annual report of the relevant financial data as the research sample, using factor analysis, descriptive statistics and multivariate linear regression and other methods of technical innovation for empirical research was made on the influences of the company's performance. Findings showed that represents the technological innovation capability of different indicators different effects on business performance:R & D intensity on corporate current operating no significant positive impact performance, but has a significant positive effect on the lag phase; R & D strength and a hundred patent applications the amount having a positive impact on business performance.Finally, according to current situation of the development of China's automobile manufacturing industry and through the empirical research, forecasts the automobile industry's future prospects for development and puts forward rational suggestions in view of the defects and problems. Provide the necessary basis for the analysis of the car companies for the development of their enterprises in which the current situation and the problems. This will provide the necessary basis for the analysis of the car companies for the development of their enterprises in which the current situation and problems and provide reference for our country automobile industry for technical innovation investment decision-making and promote the growth of China's automobile manufacturing enterprises.