The Influence Mechanism of Intellectual Property Factors on the Success or Failure of IPO on the Sci-Tech Innovation Board
Based on the system dynamics method,a system model of the impact of intellectual property factors on the success or failure of the IPO of the Sci-Tech Innovation Board is constructed,and the coupling effect and causal feedback mechanism between the internal factors of the system is deeply discussed.The research shows that R&D investment and team strength are the key to im-prove the innovation ability of enterprises;The independence,advanced nature and continuity of core technology affect the sustainable operation ability of enterprises;Patent ownership disputes,patent infringement and patent invalidation are the core elements of intellectual property risks;High-qual-ity information disclosure is crucial to the healthy operation of the Sci-Tech Innovation Board.The purpose of this study is to provide practical suggestions and references for enterprises planning to list on the Sci-Tech Innovation Board to improve the IPO success rate in terms of intellectual property rights.