Study On The Influence Of Government Support On Enterprise Innovation Performance

Innovation is the primary driving force for development and the decisive force to build a modern economic system.The nineteen major reports of the Communist Party of China clearly put forward that enhancing technological innovation capability of enterprises is the foundation for building an innovative country.First,the improvement of enterprise innovation ability is inseparable from the regulation of the market mechanism and the macro regulation and control of the government.When the phenomenon of "market failure" appears,the macro policy of the government is of great significance.Secondly,the government's support for R&D activities of enterprises is conducive to reduce enterprise risk and enable enterprises to apply more capital to technology R&D activities.Finally,enterprises increase R&D investment in R&D activities,and R&D personnel need to give full play to their initiative to increase innovation output.Therefore,based on the theory of technological innovation and the social network theory,this paper examines whether the government's support policy affects the innovation performance of the enterprise,whether the government's support policy affects the innovation performance by influencing the R&D input of the enterprise,and the regulatory mechanism of the internal collaboration network on the relationship between R&D input and innovation performance.And the mediating role of internal collaboration networks.In this paper,we take the computer communication and other electronic equipment manufacturing listed companies in the SFC industry classification as the research object.Using the corporate financial data on Wind information and the patent data of the State Intellectual Property Office,the negative two regression analysis methods are used to study the influence of government support on enterprise innovation performance,the intermediary role of R&D input and the regulating role of the internal cooperative network.The study found that the government subsidies and tax preferential policies have a significant positive impact on the R&D investment and innovation performance of the enterprises,and the government subsidies and tax incentives affect the enterprise's innovation performance by influencing the R&D investment of the enterprises;the relationship between the network density and the central potential of the organization is significantly negative to the relationship between the R&D investment and the innovation performance.And the intermediary role of the significant negative adjustment of R&D investment,that is,with the increase of network density and network center,the promotion of R&D investment will weaken,and the intermediary role of R&D input to government support and innovation performance will also be weakened.The degree of network separation significantly moderates the relationship between R&D investment and innovation performance,and positively moderates the mediating role of R&D investment.