Research On The Impact Of Technological Innovation On Financial Performance Based On Dynamic Capability

In January 2013,the General Office of the State Council issued the "opinions on strengthening the status of the main body of technological Innovation of Enterprises and comprehensively enhancing the Innovation ability of Enterprises," which pointed out that it is necessary to actively cultivate scientific and technological enterprises.To guide and improve the investment mechanism of technological innovation in enterprises,We will promote the industrialization of scientific research achievements.Then,we will promote technological innovation through institutional reform,strongly support original innovation,attach importance to the respect and protection of intellectual property rights,and lead the development of technological innovation industry to be included in the 2015 government work report.The problem studied in this paper is what kind of impact the change of technological innovation form has on financial performance while enterprises are constantly carrying out technological innovation and strengthening their own technological innovation ability.Because the continuous development of enterprises will not necessarily bring about changes in the form of technological innovation,this process requires enterprises to change and coordinate the ability to achieve,and this ability should have the characteristics of dynamic change.Therefore,this paper chooses the perspective of dynamic capability to study the change process and matching model of the two,and constructs the matching model of dynamic capability,technological innovation and financial performance.Based on the availability of data and the integrity of data,this paper selects Haier Group to carry out exploratory case study.The findings of this paper are as follows:(1)when technological catch-up,backward enterprises need to use dynamic capabilities to integrate external resources and their own capabilities.The change of dynamic capability is related to the resource situation and external technology environment at the stage of the enterprise.Dynamic capability mainly includes learning and adaptation ability,independent creation ability and resource integration ability;(2)the technological innovation form of technology backward enterprises is different in different stages of technology development,which is based on the different core competence of different stages.In this paper,it is divided into model technological innovation form,independent technological innovation form and integrated technological innovation form;(3)the enterprise constantly upgrades the technological innovation form,By expanding the categories of products,improving brand influence,enhancing the market positioning of products,complying with the needs of the market and other ways to improve the profitability of enterprises;Enterprises through the divestiture of unrelated business,improve the core product categories,enhance brand competitiveness and high-end market share,increase the number of patents,obtain the right to speak industry standards and other ways to enhance the growth ability of enterprises.Enterprises improve the upstream and downstream capital supply structure through technology-leading products,and achieve "zero inventory" of materials through technological innovation.In order to enhance operational capacity.This paper studies how to realize the change of technological innovation form and the change of financial performance through the transformation of dynamic ability of technologically backward enterprises,which is of enlightening significance for Chinese enterprises to strengthen technological innovation and create enterprise value.