Abstract
According to China Science and Technology Data in recent years, we use Multiple Regression to analysis the influencing factors of technology innovation, and demonstrate the impact of significant and non-significant factors about China’s investment expenditures related policies for technological innovation, so as to enhance China's technological innovation capability and to promote domestic economic development play a guidance and reference.
Highlights
InformationWith the continuous economic development, the core of competitions is gradually shifted from quantity to quality
It can be found that the researches of technology innovation have been carried out in following aspects: Zhao Yong and Ye Liang (2007) analyze disadvantage of two hierarchical evaluation model of technological innovation capability of enterprise
The ridge regression approach has been applied to data processing and the influences of different evaluation indexes on technological innovation capability of enterprise can be properly confirmed
Summary
With the continuous economic development, the core of competitions is gradually shifted from quantity to quality. In the ever-changing tide of technology development, effective technology innovation has become the inevitable subject of modern enterprises. It is necessary for China, a developing country, to improve capacity for independent innovation. The ridge regression approach has been applied to data processing and the influences of different evaluation indexes on technological innovation capability of enterprise can be properly confirmed. It has offered the important basis for improving technology innovation capability of enterprise. Only by strengthening technological innovation, accelerating scientific and technological progress, can we achieve great breakthroughs in some areas and realize a jump in technological development, promote China's modernization process
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