The Impact Of Enterprise Resources On Innovation Performance Of High-tech Enterprises

China's economy and the world's economy are more and more integrated.China's economy has entered a new stage of innovation driven development.At the same time,under the international background of rapid changes in global innovation activities and increasing linkage effect of technological innovation resource markets in various countries,sustainable and effective R &D and innovation activities of enterprises are more directly related to the improvement of national innovation ability and technology of enterprises Innovation has become the key to China's sustained economic growth.Therefore,it is necessary to study the law of innovation behavior of enterprises and provide theoretical support for the formulation of science and technology policies to promote innovation of enterprises.Enterprise resources are the foundation of enterprise management and the most fundamental force of enterprise innovation.Through combing the domestic and foreign literature on enterprise resources,innovation performance and R &D capability,the paper clarifies the definition of enterprise resources,innovation performance and R &D capability in this study,and clarifies the relationship and effect of each variable.According to the relevant research literature,this paper selects financial resources,human resources and technological resources as the research variables,and constructs the theoretical framework between enterprise resources,R&D capabilities and innovation performance.And take China's GEM listed companies as the research object,through 1092 consecutive data from 2015 to 2017 as samples,using stata13 regression analysis,to verify the relationship between enterprise resources,R&D capabilities and innovation performance.The results show that the more abundant financial resources,human resources and technological resources are,the more conducive to enhancing the innovation performance of enterprises;The more abundant human resources and technical resources are,the more conducive to the improvement of R &D capability;R &D ability plays an intermediary role between human resources,technological resources and innovation performance,but not between financial resources and innovation performance;At the same time,technological resources can positively enhance the impact of financial resources and human resources on innovation performance,that is,technological resources can positively regulate the relationship between financial resources,human resources and innovation performance.