The Transformation And Innovation Of Samll And Medium Sized Enterprises And Their Performance

Facing the complex and dynamic environment,a large number of enterprises have to take the survival and development with a huge challenge.Realize the transformation or innovation and upgrading is the effective choice of enterprises.There are many choice enterprises can choose about the transformation mode and innovation mode.Enterprises need to combine its own capacity,industry development status,a comprehensive development stage of enterprise to choose reasonable transformation mode or innovation mode.Zhejiang Province,has the strong vitality of small and medium enterprises.Researching the listed SMEs Zhejiang province in transition mode and innovation mode can explain the relationship between enterprise transformation and innovation,which give numerous small and medium-sized enterprise some theoretical support and experience.After reading a large number of domestic and foreign literature,this paper propose the concept of transformation and upgrading to determine the research’s direction,which discusses the path and performance of the transformation and upgrading of SMEs in Zhejiang province.Then analysis the characteristics,connotation and motivation of transformation and upgrading of enterprises,using uantitative and qualitative analytic procedure to divide the path of transformation and upgrading of enterprises.The transformation can be divided into two categories,cross industry transformation and industry transformation.Upgrading path can be divided into management mode upgrading and technology upgrading.Basis of the standard of the transformation enterprises and upgrading enterprises,selects the appropriate enterprises.This paper analyzes the samples of SMEs’ related information,include the enterprises listed time and the enterprises’ performance after transformation and upgrading.To establish the performance rating index system of the transformation and upgrading of Listed SMEs in Zhejiang Province,this paper uses the factor analysis method to evaluate the sample of enterprises’ performance before and after transformation and upgrading.Finally,using the regression analysis method to research how the transformation model and the transformation span impact the enterprise performance and the innovation investment as the intermediate variable.The research conclusions of this paper provide theoretical guidance for enterprise transformation and upgrading and innovation.Finally,using the regression analysis method,the transformation model and the transformation span to the enterprise performance and the innovation input as the intermediate variable transformation innovation model.