IMPACT OF TECHNOLOGY INNOVATION CAPABILITY ON BUSINESS PERFORMANCE — AN EMPIRICAL STUDY BASED ON CHINA NEW ENERGY INDUSTRY

Abstract

For enterprises, technology innovation is an inexhaustible driving force for their longterm development. In order to maintain competitive advantage and ensure business performance, enterprises always take technological innovation as the starting point and actively cultivate their technological innovation ability.

Based on the theory of technology innovation capability, this thesis divides the technology innovation capability of new energy enterprises into three dimensions: technology innovation input capability, technology innovation transformation capability and technology innovation output capability. Then through the questionnaire survey data collection, with the assist of SPSS software on regression analysis of the data, get the impact of technology innovation ability on enterprise performance, and discuss the results.

Moreover, according to the empirical research on new energy enterprises, the conclusion of this thesis is that enterprises’ technology innovation ability has a significant positive impact on their business performance, among which the technology innovation investment ability of enterprises has the most significant impact. Furthermore, some recommendation for the future study is provided in this research.