Journals
Social Science Studies2020(3)
Research on the Influence of Chinese Business Environment on the Innovation Ability of Private Enterprises
Author:Yong Li, Junjie Shen
Author Unit: School of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang 550025, Guizhou, People’s Republic of China

Abstract:This paper studies the relationship between the Chinese business environment and the innovation ability of private enterprises, selects the business environment data of 30 cities in China published by the world bank in 2012, tests the correlation between regional business environment and private enterprise R&D investment, clarifies the impact mechanism of business environment on private enterprise R&D investment, and constructs a new analysis idea. The results show that: continuous optimization of business environment can promote private technology R&D investment, especially to create a positive financial environment, establish a positive loan relationship, strengthen the financial institutions and private enterprises industry and finance docking, more conducive to private enterprises R&D, and has a better impact on private enterprises innovation.
Keywords:Business environment; R&D investment; Private enterprise
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