Research on Evaluation of Collaborative Innovation Ability of Equipment Manufacturing Enterprises Based on Factor Analysis

Abstract

The equipment manufacturing industry is the basic and strategic industry which is related to the long-term interests of the country. Innovation ability is an important symbol to measure the comprehensive competitiveness of a country or region. In this paper, the evaluation index system of collaborative innovation ability of equipment manufacturing enterprises is constructed from three aspects: innovation input, innovation cooperation and innovation output. Then, the evaluation model is established by factor analysis method. In the empirical analysis process of the equipment manufacturing enterprises collaborative innovation ability, the panel data of eight industries in China's equipment manufacturing industry from 2009 to 2014 is used as the research sample, and makes a comparative study on the collaborative innovation ability within the equipment manufacturing industry. Finally, hope to provide the basis for enterprises to enhance collaborative innovation and develop more scientific and innovative decision-making.