Research On The Relationship Between The Heterogeneous Absorption Of Chinese Commercial Banks And The Growth Of Innovation In The Environment Of Global Interest Rate Fluctuations

Under the condition that China's interest rate marketization process is further promoted and the financial market is continuously open,the impact of the global interest rate fluctuation environment is more easily transmitted to China,thus affecting the operation of China's commercial banks.With the narrowing of deposit-loan spreads and the impact of Internet finance,the profits brought by the traditional bank:ing business are gradually being eroded.Banks urgently need to learn and use heterogeneous knowledge to develop innovative businesses,so that they can take advantage of market conpetition.position.In this context,this paper uses the balance panel data model to analyze the relationship between heterogeneous absorption and innovation growth in the context of interest rate fluctuations.The data in this paper are from the annual financial statements and wind database of major banks,and selected by Industrial and Commercial Bank of China,China Construction Bank,Bank of China,Bank of Communications,Agricultural Bank of China,Industrial Bank,Shanghai Pudong Development Bank,China Minsheng Bank,China Merchants Bank,China CITIC Bank,The data of the 16 commercial banks of China Everbright Bank,Hua Xia Bank,Bank of Beijing,Bank of Shanghai,Bank of Nanjing,and Bank of Ningbo for the 11 years from 2005 to 2017 were studied.In this paper,the key explanatory variable absorption ability is divided into three dimensions:employee incentive,innovation input and digestibility.Eviews 8.0 software is used for quantitative analysis.The model is conpared with the influence of interest rate fluctuation parameters and no interest rate fluctuation parameters.Fluctuating environmental parameters can effectively improve the fitting degree of the original equation,and have a positive influence on the coefficients of the three dimensional parameters of heterogeneous absorption,indicating that interest rate fluctuation can stimulate heterogeneous absorption to some extent.In order to compare the differences in the parameters of different banks,the introduction of dummy variables,the sample is divided into two categories:state-owned banks and non-state-owned banks.The measurement results show that heterogeneous absorption has a positive relationship with innovation growth.The impact of employee incentives on both types of banks is the largest State-owned banks have stronger ability to digest heterogeneous knowledge than non-state-owned banks.Investing in this dimension has a reverse effect on state-owned banks.State-owned banks must consider that they do not control the input cost control,and innovation income cannot compensate for the phenomenon of input.Through a series of analysis,this paper believes that banks should pay more attention to the importance of human resources,strengthen cooperation with universities and technology companies,and enhance absorption capacity from three dimensions,so as to better achieve the innovation and development of banks.