Research On Influence Of The Reform Of Mixed Ownership System On Technological Innovation Of State-owned Enterprises

Innovation is the inevitable choice for China's economic transformation and upgrading under the new norm.Deepening the reform of state-owned enterprises is an important task put forward in the third Plenary Session of the 18 th CPC Central Committee.At the starting point of the new era,in order to achieve economic growth of high quality,alleviate the contradiction between the good life needs and unbalanced development,creating the effective supply of high quality is the key,and micro enterprises play an important role.Therefore,this paper,using China industrial enterprise database as a sample,the study the influence of the state-owned enterprises' mixed ownership reform on the enterprise of technological innovation,and analyzes the institutional quality of two different levels,namely the change of the vertical property rights protection institutional quality and the horizontal contract institutional quality.The study found that the mixed ownership reform of state-owned enterprises can promote the technological innovation of enterprises significantly;in general,the higher the quality of the system is the more obvious the effect of the enterprise innovation,the better the property right protection system can improve the technological innovation of the enterprise,and the quality of the contract system is not obvious;Further,the degree of state-owned enterprise property right reform also has significant difference in technological innovation of enterprises.The study shows that we should continue to deepen the reform of state-owned enterprises and improve the governance mechanism of enterprises,and to cultivate the core values of enterprise innovation.In accelerating the transformation and upgrading of innovation driven economy,we need to push forward the structural reform of supply side,further improve the property rights protection system while carrying out the mixed reform of state-owned enterprises,and control the visible hand.Enterprises should take the market as the guidance,increase the research and development of key technology on the value chain,and gradually transform to the "smile curve".