Research On Innovation Performance Evaluation Of The Science And Technology Enterprises Listed On The STAR Market

In 2019,the Shanghai Stock Exchange set up a science and technology innovation board to serve technology-based and innovative enterprises,which helps to consolidate the foundation of technological development,improve the efficiency of resource allocation,and drive the social resources to lean toward technological innovation.The establishment of the Science and Technology Innovation Board has complied with market demand,and is conducive to promoting technological progress and enhancing national competitiveness.Innovation is the foundation and source of power for the long-term good development of enterprises,technology-based enterprises rely on independent innovation to carry out technological research and development and transformation of results,thereby improving their own strength and market competitiveness.Vigorously supporting the development of technology-based enterprises can accumulate innovation power,build an innovative country,and enhance competitiveness.Innovation performance is a criterion for judging the efficiency of internal resource use and the effectiveness of innovation,and it plays a key role in measuring the effectiveness of innovation activities.It is of great significance to carry out research on innovation performance evaluation based on science and technology enterprises listed on the STAR Market to enhance China’s position in international competition.Describes the connotation of technology-based enterprises and innovation performance,briefly introduces related theories and commonly used innovation performance evaluation methods,compares the advantages and disadvantages of various innovation performance evaluation methods,and determines the selection of data envelopment analysis for evaluation.From the perspective of input and output,the elements of innovation performance of science and technology enterprises are analyzed,and the literature research method is used to sort out the evaluation indicators of innovation performance.Furthermore,according to the principles of evaluation index system construction,a preliminary construction of the evaluation index system of innovation performance of science and technology enterprises is carried out.Apply cluster analysis and principal component analysis to screen the index system to determine the index system of innovation performance evaluation of science and technology enterprises.This paper analyzes the status of innovation input and output of science and technology enterprises listed on the STAR Market,and uses the DEA method to evaluate the innovation performance of the technology enterprises listed on the STAR Market.The results of the study show that the overall innovation performance level of science and technology enterprises listed on the Science and Technology Innovation Board is high but the development is uneven.Technological enterprises with ineffective DEA have input redundancy in R&D manpower,R&D funds and information infrastructure construction,and insufficient output in both technical and economic aspects.Recommend corresponding suggestions on the evaluation results: improve the research technology of researchers,improve the efficiency of the use of R&D funds,increase the use of information infrastructure,increase technical reserves,improve economic benefits,etc.