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    Above all, for the purpose of improving enterprisetechnological innovation, monopoly industries should further reduce the entry barriers and enhance competition to avoid unwillingness of innovation result from excessive monopoly. Excessive competition industries should be lead to enhance the protection of intellectual property and gain competitive advantage through technological innovation. At the same time, measures should be taken to consummate the governance structure of listed companies, for example, enhance the independent director system, implement option incentive to executives, reduce the proportion of stated-owned shares; increase the ownership concentration.

    REFERENCES

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    Arrow, K., 1962. Economic Welfare and the Allocation of Resources for Innovations. In: Nelson, R. (Ed.), the Rate and Direction of Inventive Activity. Princeton University Press, New Jersey, USA.

    Balkin, D. and G. Markman, 2000. Is CEO pay in high technology firms related to innovation? Some empirical evidence. Acad. Manag. J., 43: 1118-1129

    Blundell, R., R. Griffith and R. Van, 1995. Dynamic count data models of technological innovation. Econ. J., 105(429): 333-344.

    Carlin, W., M. Schaffer and P. Seabright, 2004. A minimum of rivalry: Evidence from transition economies on the importance of competition for innovation and growth. J. Econ. Anal. Pol. Contribut., 3(1): 1-43

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    Chen, Y., X. Li and P. Bai, 2007. How does market structure affect the R&D investment-empirical analysis based on the panel data from china’s manufacturing industry. Nankai Econ. Stud., 1: 135-145.

    Cooper, R., 1976. Introducing successful new products. Europ. J. Mark., 10(6): 301-329.

    Dasgupta, P. and J. Stilitz, 1980. Industrial structure and the nature of innovative activity. Econ. J., 90: 266-293.

    Dai, Y. and Q. Da, 2007. Empirical analysis about the relationship between technological innovation investment and its capital structure and scale. Sci. Res. Manag., 148(3): 38-42.

    Densetz, H., 1969. Information and efficiency: Another viewpoint. J. Law Econ., 12: 1-22.

     Geroski, P., 1990. Innovation, technological opportunity and market structure. Oxford Econ. Papers, 42: 586-602.

    Gilbert, R. and D. Newbery, 1982. Preemptive patenting and the persistence of monopoly. Am. Econ. Rev., 72: 514-526.

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    Lucas, R., 1988. On the mechanics of economic development. J. Monet. Econ., 22: 3-42.

    Nam, J., R. Ottoo and J. Thornton, 2003. The effect of managerial incentives to bear risk on corporate capital structure and R&D investment. Finan. Rev., 38(1): 77-101.

    Nick, S., 1996. Competition and corporate performance. J. Pol. Econ., 104(4): 724-746.

    摘要:本研究旨在探讨产品竞争力对我国企业技术创新的影响。调查从企业微观层面和样品来自上海和深圳的股票上市公司的财务部门2012年。新的联立方程组已根据Hausman同步测试分析建立检查是否有创新和竞争之间的双向关系的内源性还检验了产品市场竞争与企业创新。分析结果表明,过度的竞争会挫伤创新的积极性和影响企业技术创新能力的提高。过度垄断使企业产生一个场景的自满和降低技术创新。因此,存在u-shipped关系产品的竞争与企业技术创新。此外,变量对企业特征和治理也表现出对技术创新的影响。在以上结论的基础上,已经提出了一些建议,以提高我国股票上市公司技术创新。

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