Abstract
Innovation is the precondition for the sustainable development of corporation, and the purpose of “reform of the supply front” which the government puts forward at present is to improve the innovation capacity of corporation. In this paper, in order to provide reference for improving innovation capacity and seek the factor of improving the innovation capacity, an evaluation index system of corporation’s innovation capacity is established after analyzing the input, profit, steady finance and governance capacity of the corporations which are listed on the Growth Enterprises Market by comparing the score of each corporation’s innovation capacity.
Highlights
Since reform and opening-up, great changes have happened and people’s life is getting better and better in China
In order to provide reference for improving innovation capacity and seek the factor of improving the innovation capacity, an evaluation index system of corporation’s innovation capacity is established after analyzing the input, profit, steady finance and governance capacity of the corporations which are listed on the Growth Enterprises Market by comparing the score of each corporation’s innovation capacity
The ratio of sales costs to income called contrary index in this paper shows a weaker innovation capacity when the sales cost is high on the condition of the same income
Summary
Since reform and opening-up, great changes have happened and people’s life is getting better and better in China. Investment and consumption have been a troika of economic development all the time. Z. Wang 144 capacity and transfer the development to the emerging field of innovation for economic growth. It is necessary to improve the innovation capacity of enterprises for their persistent development. It is meaningful for a country to research corporation’s innovation capacity. By knowing how to increase innovation capacity, can we improve the comprehensive level of the whole country. Most of the corporations which are listed on the Growth Enterprises Market (GEM) are engaged in high-tech business and have high growth. They were usually founded for a short time and have not outstanding performance. We use the data of the corporations which are listed on the GEM to evaluate their innovation capacity
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