An Empirical Study On The Innovation Capability Of China's Listed Commercial Banks Panel Data Analysis Based On 14 Commercial Banks

Innovation is based on existing knowledge and resources,with the ideal and the reality of the gap as the driving force,deny the re-creation of an act.Human beings with its unique subjective initiative and innovative behavior combined,it produced a new capacity.Innovation is the top priority of the concept of sustainable development,so innovation in all industries and their markets have a pivotal role,the banking industry is no exception,the development of innovation is the core competitiveness of the bank source.At present,China's commercial banks in the transition period,has broken through the balance sheet business,to non-interest business,that is,the development of intermediary business.From the traditional use of their own funds to operate profit,to agents and commissioned the form,to obtain a certain fee as a change in the profit model is the result of innovative behavior.Understanding the unique characteristics of China's banking industry in the development process,to explore the impact of China's commercial banks in the deep-seated reasons for innovation,help our major commercial banks to better play their own initiative to achieve the benefits of global development of innovation Results,which is the first goal of our country last century,the key to success.This paper takes 2013-2015 years,14 listed commercial banks,12 related and innovation capability index for panel data sample evaluation method using entropy method and grey relational analysis unifies,from two aspects of static and dynamic of the innovation ability of commercial bank is evaluated.From 2013 to 2015,the innovation ability in the first row of the bank,the correlation coefficient from 0.7483 to0.8881,from the analysis of the comprehensive evaluation point of view,these three years of banking in response to the implementation of the national policy of reform,the transition from the traditional profit model for access to innovative business model three-in-one,innovation ability of commercial bank has greatly to improve.Traditional state-owned four major bank innovation capability ranking in 2013-2015 did not change too much,in the 14 listed commercial banks on the back position.From 2013-2015,the commercial banks involved in the innovation ability of the leading position of the change is obvious.Panel data regression estimation results,R2 is 0.8463,the correlation coefficient is higher,the model is good,the selection index system does have a positive effect on the innovation ability of listed commercial banks.