The Study On The Effect Of Director Networks On Enterprise Technological Innovation

At present,China's listed companies have formed a relatively complete chain director as director of network.Director of the network to the impact of corporate governance and other economic behavior has become the focus of scholars in recent years.In the face of increasingly fierce international competition and the progress of science and technology,technology innovation has become an enterprise to obtain the industry core competitiveness of the key factors.The resources of the enterprise technological innovation mainly comes from the social environment,and the continuous development of directors network provides the network resource sharing between enterprises with good environment,thus to reduce costs,reduce risk,improve the efficiency of enterprise technology innovation and eventually bring economic benefits for enterprises.This article mainly research is director of the network and the enterprise technological innovation into the relationship between them,and introduces technical director in the proportion of the board of directors as the intermediary variables to study the influence mechanism,on the basis of simple discusses the mechanism of influence on enterprise performance.First of all,on the basis of reviewing the existing literature at home and abroad,defines the key concepts such as director of network and enterprise technology innovation;Secondly,using the resource dependence theory,theory of interorganizational imitation analysis director of network and the relationship between the enterprise technology innovation investment,and put forward relevant assumptions;Finally,the manual collection of a-share listed companies in China,2457 data as the research sample,select level center,close to the center and the mediation center degrees degree of the comprehensive measures of enterprise network center,the R&D input intensity(R&D)index to measure enterprise's technology innovation level,through the regression model is set up respectively the following conclusions:(1)the directors significantly positively related to network and technology innovation;(2)technical director in the board of directors of enterprise technology innovation investment has a positive role in promoting;(3)the technical director of the board of directors network and technology innovation investment relations play a mediating role,and the mediation effect is remarkable.(4)the enterprise technology innovation investment to director of network and the influence of enterprise performance partial intermediary role into full play.In this paper,the research for Chinese listed companies to carry out technical innovation activities,and optimize the structure of the board of directors of the company has a certain reference.The imported technology in the board of directors,on the one hand,to strengthen the board members of different knowledge background and the role of different position fusion,enhanced with technical and financial cooperation between the background of the directors,on the other hand also can pass between director network technology director communicate effectively improve the efficiency of the board of directors innovation investment decisions,make effective decision of technological innovation for the company.So that the company engaged in technological innovation activities,reduce enterprise technical innovation activities of unnecessary loss,improve the enterprise's technology innovation performance,finally realizes the benefit maximization.