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Research On The Impact Of Technology Innovation Efficiency On The Export Performance Of Chinese Automobile Listed Companies

Posted on:2021-06-01Degree:MasterType:Thesis
Country:ChinaCandidate:G Y YangFull Text:PDF
GTID:2492306293974499Subject:International business
Abstract/Summary:PDF Full Text Request
In recent years,the export scale of my country’s automobile products has continued to expand,with the export value increasing from US$2.71 billion in 2001 to US$87.98 billion in 2018.However,the export status of my country’s auto industry is still not high.In 2018,my country’s vehicle exports accounted for only 0.6% of the total export of goods,far below the global level of 5.1%.In recent years,although my country’s auto companies have increased their investment in technological innovation year by year,there is still a certain gap in the efficiency of technological innovation between local auto companies and foreign companies.The 2018 Global Automotive Enterprise Patent Innovation Index shows that BYD,the company with the highest innovation index in my country’s domestic auto companies,has a score of 3427,which is still far from Toyota’s 9044 and GM’s 5371.With the continuous development of automobile industry technology in the direction of new energy and intelligence,the past ten years will become a major strategic opportunity for Chinese automobile companies to overtake in the corner.Therefore,when my country will completely abolish restrictions on foreign shares of auto companies in 2022,my country’s auto companies will strengthen technology research and development,and improve the efficiency of technological innovation,which is an important guarantee for increasing their export performance and improving the world status of my country’s auto companies.The paper starts from the background that the global automotive industry is undergoing tremendous changes in technological innovation,and uses the technology gap theory and heterogeneous enterprise theory to theoretically analyze the efficiency of technological innovation mainly by accelerating the process of economies of scale,expanding the advantages of technological differences,and enticing the expansion of consumer demand.Affect the export performance of enterprises.Using the superefficiency SBM model,the technological innovation efficiency of China’s listed auto companies from 2015 to 2018 was measured,and it was found that the technological innovation efficiency of each enterprise is quite different,and only a few enterprises are in the DEA effective state.In the western region,the technological innovation efficiency of state-owned enterprises is higher than that of non-state-owned enterprises,and the technological innovation efficiency of large enterprises is higher than that of small and medium-sized enterprises.At the same time,using the entropy method to measure the export performance of the sample companies,it was found that the export performance of Chinese auto companies showed a trend of decreasing first and then increasing from 2015 to 2018,and showed a stepwise decline in the east,middle and west.The export performance of non-state-owned enterprises is higher,and the export performance of large enterprises is better than that of small and medium-sized enterprises.Using the Tobit regression model,through empirical research,it is found that the efficiency of technological innovation has the most significant positive impact on the export performance of auto companies.The size of enterprises and the concentration of equity can significantly improve the export performance of enterprises,while the level of leverage has a negative impact on export performance.The export performance of enterprises is higher than that of state-owned enterprises,and the export performance of enterprises in the east is higher than that of enterprises in the central and western regions.The effect of government subsidies on export performance is not significant.Finally,combining theoretical and empirical research results,from further strengthening R&D funds and personnel input,strengthening the integration and utilization of technical innovation input resources,adhering to export market demandoriented technological innovation,optimizing business models and scale,and establishing fair and reasonable R&D The five aspects of the subsidy mechanism are launched to discuss countermeasures.
Keywords/Search Tags:Technology innovation efficiency, Export performance, Super-efficient SBM model, Entropy method, Tobit model
PDF Full Text Request
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