An empirical study on the innovation performance of high-tech enterprises by venture capital
- DOI
- 10.2991/978-94-6463-459-4_105How to use a DOI?
- Keywords
- venture capital; GEM; innovation performance
- Abstract
Whether the intervention of venture capital can promote the improvement of innovation performance of high-tech enterprises is of great significance for improving the efficiency of venture capital and promoting enterprises to choose the right type of venture capital. Using empirical analysis method, this paper first constructed a linear regression model of the impact of venture capital on the innovation performance of high-tech enterprises, utilizing the empirical analysis method. Utilizing Stata software, relevant sample data of high-tech enterprises listed on GEM was then analyzed. The results demonstrate that, thanks to venture capital, the ratio of R&D investment and the number of patent applications have been significantly increased. The result is clear: venture capital’s involvement has a considerable, beneficial effect on the GEM innovation performance of high-tech businesses.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Zongliang Gu PY - 2024 DA - 2024/07/23 TI - An empirical study on the innovation performance of high-tech enterprises by venture capital BT - Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024) PB - Atlantis Press SP - 945 EP - 951 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-459-4_105 DO - 10.2991/978-94-6463-459-4_105 ID - Gu2024 ER -