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The Impact of Innovation on Operational Performance in Chinese High-Tech Enterprises

  • Journal of The Korea Society of Computer and Information
  • Abbr : JKSCI
  • 2024, 29(2), pp.179-195
  • DOI : 10.9708/jksci.2024.29.02.179
  • Publisher : The Korean Society Of Computer And Information
  • Research Area : Engineering > Computer Science
  • Received : December 19, 2023
  • Accepted : February 22, 2024
  • Published : February 29, 2024

Liping Yuan 1 Minghao Huang 1

1서울과학종합대학원대학교

Accredited

ABSTRACT

The technological innovation of high-tech enterprises plays a positive driving role in operational performance. Investigating the factors influencing the operational performance of high-tech enterprises and the effects of technological innovation on operational performance is a targeted approach to promoting the growth of economic benefits and enhancing the foundation of enterprise efficiency. Additionally, it holds positive significance for the increase in market share of high-tech enterprises. This paper, considering the characteristics of high-tech enterprises, selects three influencing factors: research and development (R&D) investment intensity, the number of authorized patents, and the increment of intangible assets. Theoretical analysis is conducted on the impact mechanism and effects of these factors on operational performance. Based on this, empirical analysis is performed using relevant data of Chinese high-tech enterprises from 2011 to 2019. The study indicates that R&D investment intensity has a significant positive promoting effect on operational performance, the number of authorized patents also positively influences operational performance significantly, while the asset-liability ratio of high-tech enterprises has a notable inhibitory effect on operational performance. Finally, relevant recommendations are proposed.

Citation status

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