Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory
Technological innovation should be given full play, and R&D by agricultural companies should be given guidance. Because, for the purpose of increasing listed agriculture companies’ value, promoting the industry’s development, saving energy and resources in advanced agriculture productivity, such...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03081.pdf |
| _version_ | 1819126711892049920 |
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| author | Yu Zhu Zheng Hua |
| author_facet | Yu Zhu Zheng Hua |
| author_sort | Yu Zhu |
| collection | DOAJ |
| description | Technological innovation should be given full play, and R&D by agricultural companies should be given guidance. Because, for the purpose of increasing listed agriculture companies’ value, promoting the industry’s development, saving energy and resources in advanced agriculture productivity, such actions are of great significance. This paper takes agriculture companies listed in China’s A-shares from 2015 to 2019 as research samples, and makes empirical research on the influence of technological innovation on the value of agriculture companies in different life cycle stages. It is found that technological innovation does not significantly increase the companies’ value in their start-up and decline stages, while the situation becomes the opposite way in growth and maturity stages. |
| first_indexed | 2024-12-22T08:00:23Z |
| format | Article |
| id | doaj.art-9e9605aa3bb44debb6c41648465b5293 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-22T08:00:23Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-9e9605aa3bb44debb6c41648465b52932022-12-21T18:33:16ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012750308110.1051/e3sconf/202127503081e3sconf_eilcd2021_03081Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle TheoryYu Zhu0Zheng Hua1Financial Management, Hohai UniversityFinancial Management, Hohai UniversityTechnological innovation should be given full play, and R&D by agricultural companies should be given guidance. Because, for the purpose of increasing listed agriculture companies’ value, promoting the industry’s development, saving energy and resources in advanced agriculture productivity, such actions are of great significance. This paper takes agriculture companies listed in China’s A-shares from 2015 to 2019 as research samples, and makes empirical research on the influence of technological innovation on the value of agriculture companies in different life cycle stages. It is found that technological innovation does not significantly increase the companies’ value in their start-up and decline stages, while the situation becomes the opposite way in growth and maturity stages.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03081.pdf |
| spellingShingle | Yu Zhu Zheng Hua Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory E3S Web of Conferences |
| title | Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory |
| title_full | Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory |
| title_fullStr | Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory |
| title_full_unstemmed | Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory |
| title_short | Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory |
| title_sort | research on the correlation between technological innovation and value increase of agricultural companies based on the perspective of company life cycle theory |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/51/e3sconf_eilcd2021_03081.pdf |
| work_keys_str_mv | AT yuzhu researchonthecorrelationbetweentechnologicalinnovationandvalueincreaseofagriculturalcompaniesbasedontheperspectiveofcompanylifecycletheory AT zhenghua researchonthecorrelationbetweentechnologicalinnovationandvalueincreaseofagriculturalcompaniesbasedontheperspectiveofcompanylifecycletheory |