Impact of Basic Research on Technology Innovation of Chinese Listed Companies
Companies play an important role in the fusion of the innovation chain and the industry chain.Therefore,the paper analyze the role of basic research on technology innovation from the perspective of companies.The result is helpful to learn the importance of par-ticipating in basic research for companies,mastering the integration rules of the innovation chain and the industry chain,formulate ef-fective innovation policies.The research constructs four indicators,including science linkage,citation time lag,science cycle time,discipline diversity,and carries out an empirical analysis taking the listed companies as an example.The results are as follows.①The listed companies absorb little knowledge from basic research.②In terms of leading companies in the specific field with prominent tech-nology innovation ability,the effect of support from basic research is noticeable.③The higher the science linkage of industry,the lon-ger the time of transformation from basic research to technology innovation.④The speed of the knowledge flow from basic research to technology innovation becomes more and more high.⑤The discipline diversity index of high-technology industries is higher than tradi-tional industries.
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