Research on the Influence Mechanism of Venture Capital on Innovation Performance of High-tech Enterprises
By using system dynamics method,this paper systematically analyzes the influence mechanism of venture capital on innova-tion performance of high-tech enterprises from the three aspects of capital appreciation,supervision and governance,and social re-sources,and constructs a system dynamics model of venture capital's influence on innovation performance of high-tech enterprises.This paper also conducts simulation and sensitivity analysis of the model using Vensim PLE software to quantitatively study the transmission path and mechanism of venture capital's influence on innovation performance of high-tech enterprises.The results show that there is a significant positive correlation between capital provision,especially R&D investment,and innovation performance of high-tech enterpri-ses.There is a positive correlation between social resources and innovation performance of high-tech enterprises.There is a negative correlation between talent introduction in supervision and management and innovation performance of high-tech enterprises.
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万方数据
