Dissertation > Excellent graduate degree dissertation topics show

Research on the Effect of Listed Company Financial Structure on Technology Innovation

Author: JiXiaoYun
Tutor: QianShuiTu
School: Zhejiang Technology and Business University
Course: Finance
Keywords: Financing structure Technology Innovation Panel Data Empirical Analysis
CLC: F275
Type: Master's thesis
Year: 2010
Downloads: 126
Quote: 0
Read: Download Dissertation

Abstract


Innovation is the soul of a nation, is an inexhaustible motive force for national prosperity. Compete in today's world, in the final analysis is the competition of comprehensive national strength, in essence, the total amount of knowledge and technological strength of the competition. The key lies in the development of technological innovation, because of technological advances in the final analysis depends on technological innovation to achieve. However, the realization of technological innovation requires not only capital, but also need financial support. Since Schumpeter put forward the concept of technological innovation, the focus on technological innovation related research are emerging. Many existing studies have focused on the macro level, emphasizing the financial system and the interaction between technological innovation to promote the role for the body in terms of micro-enterprises, mainly reflected in the financing structure of the impact of technological innovation. China's reform and opening up 30 years of economic development has made remarkable achievements, but we look back on the past development process, not difficult to find high economic growth with high input, high consumption, low output of the extensive mode of development in return . As a limited resources, a populous developing country, we can not blindly pursue the development of such a costly way. From the perspective of the development of enterprises in the market economy, the traditional extension and expansion has been difficult to support the effective development of enterprises, and only constant technological innovation, is the business path to success. In this regard, the government proposed the construction of an innovative country's development strategy, by enhancing independent innovation capability, accelerate the pace of industrial upgrading, and ultimately achieve economic growth pattern. In this economic context, the study of corporate finance structure on the impact of technological progress, the deepening of enterprise financing structure for thinking, improve corporate financing environment, better for technological innovation and economic development services, has important practical significance. Paper is divided into five parts: the first part reviews recent promotion of technical progress on the financing structure of theoretical and empirical research to explain the necessity to study the issue and put forward this idea and framework; second part of the analysis of the financing structure The role of technological innovation in general mechanism, the effects of different modes of technological innovation financing mechanisms of action; third part of the financing structure of listed companies in Zhejiang manufacturing and technological innovations situation described; fourth part of evidence-based research to establish Multiple-driven model of technological innovation, the use of panel data analysis of the financing structure of the impact of technological innovation. Basic conclusion: bank credit financing of listed companies role in promoting technological innovation more obvious, and government funding for the impact of technological innovation is not obvious. In addition, results from this study, for listed companies, corporate internal financing ability to influence the effect of technological innovation, enterprise small amount of financing for technical innovation was not significant, large amount of internal financing remarkable influence; For banks credit financing, both theoretical research and empirical analysis, have come to the same conclusion that the impact of technological innovation is very significant; empirical results show that the financial support of technological innovation financing is not obvious, but in a certain degree of debt financing inhibited technological innovation. Finally, empirical results on the basis of the development of the financial system to make some suggestions.

Related Dissertations

  1. A Study on University Science and Technology Innovation Environment Evaluation,G644
  2. Research on the Regional Difference and Influence Factors of China’s Carbon Emissions,X502
  3. Research on the Impact of Debt Financing Structure Upon Corporate Performance on Listed Pharmaceutical Company,F275
  4. Shanghai Urban Residents’ Minimum Living Subsidy of the Standard for Research,D631.2
  5. Convergence analysis of the regional energy consumption intensity,F206;F124
  6. Empirical Analysis on Influcencing Factors in Farmer’S Desire of Homestead Transfermation,F224
  7. Study on the Relationship between Industrial Structure Upgrading and Convergence Tendency of Financial Services Industry in the Central Region of China,F832.2
  8. Research on Industrialization Process of Anhui Province,F427
  9. Heterogeneity in Dynamic Discrete Choice Models,O211.62
  10. An Empirical Study on the Relation of the Managerial Ownership and Corporate Performance,F276.6
  11. Mechanism and Empirical Analysis on International Education Services Imported and Its Effect on China’s High-Tech Products Export,F276.44
  12. A Study on How Managerial Overconfidence Impact Capital Structure in the Medium and Small Listing Companies,F276.6;F224
  13. Empirical studies of the financing structure of institutional investors holding listed companies,F224
  14. The Research on the Impact of the Financial Support for Technological Innovation,F124.3;F224
  15. The Evolution and Exploration of Case Guidance System in China,D926.2
  16. Relationship of the corporate ownership structure , scale and technological innovation,F224;F273.1
  17. A Study on the Factors of Performance of Mergers and Acquisitions in Chinese Listed Companies,F271
  18. Research on Impact of Foreign Strategic Shareholders to Operating Efficiency of Commercial Banks,F832.2
  19. Research on Stability of Industrial Technology Innovation Alliance Based on Symbiotic Theory,F224
  20. The Analysis of the Government Actions in the Construction of the Industry Technology Innovation Alliance,F224.32
  21. Research on Operating Characteristics of Industrial Technology Innovation Alliance in Typical Countries,F124.3

CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
© 2012 www.DissertationTopic.Net  Mobile