| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 03081 | |
| Number of page(s) | 5 | |
| Section | Environmental Protection and Governance Innovation Technology Research | |
| DOI | https://doi.org/10.1051/e3sconf/202127503081 | |
| Published online | 21 June 2021 | |
Research on the Correlation between Technological Innovation and Value Increase of Agricultural Companies Based on the Perspective of Company Life Cycle Theory
Financial Management, Hohai University, West Focheng Road No.8, Nanjing, Jiangsu province, China
* Corresponding author: zhuyuhhu@163.com
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.
© The Authors, published by EDP Sciences, 2021
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