Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

An empirical study on the innovation performance of high-tech enterprises by venture capital

Authors
Zongliang Gu1, *
1School of Economics and Management, University of Science and Technology of Jiangsu, Zhenjiang, China
*Corresponding author. Email: 1095258144@qq.com
Corresponding Author
Zongliang Gu
Available Online 23 July 2024.
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.

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Volume Title
Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
23 July 2024
ISBN
10.2991/978-94-6463-459-4_105
ISSN
2352-5428
DOI
10.2991/978-94-6463-459-4_105How to use a DOI?
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  -