Research On Capital Allocation Structure Of Science And Technology Service Industry Influencing Value Creativity

In the new era of rapid economic development,the new industry of science and technology service industry has gradually formed,which takes science and technology,innovation and other new science and technology as the core competitiveness and develops steadily in the economic market.Modern resources,such as science and technology,knowledge and information,are the source of the core competitiveness of enterprises and the motive force of sustainable development,which can affect the value creativity of enterprises.The scientific and technological characteristics of science and technology service industry make modern resources(technology,information,etc.)more important and more reflect the importance of modern resources.The combination of various resources is also a key factor affecting value creativity.At present,researchers at home and abroad influence value creativity on capital allocation structure Therefore,the research in this paper has some theoretical and practical significance for the survival and development of some enterprises.Firstly,this paper summarizes the concept and measurement of capital allocation structure,and thinks that capital allocation structure is the quantity composition and proportion relation of essential capital of an enterprise.Then,from the perspective of "value creativity ",based on the theory of resource base,modern enterprise growth theory,enterprise knowledge theory and other theories,this paper studies the capital allocation structure of science and technology service industry which affects enterprise value creativity,and expounds and analyzes the mechanism of effect of capital allocation structure on value creativity.This paper selects the R & D data of science and technology listed companies in 2014-2018,according to the data of the capital allocation structure of science and technology listed companies and After analyzing the present situation of value creativity index,we design the appropriate capital allocation structure and value creativity index,adopt the method of multiple linear regression analysis,and carry on the empirical analysis through descriptive statistics,correlation test and model construction.The results of empirical analysis show that the indexes of capital allocation structure have positive effect on value creativity,and the new factor capital has great influenceon value creativity,and there is a balance effect between technology capital and knowledge capital.According to the research results,some practical suggestions are put forward to improve the value creativity of science and technology listed companies.