Which Characteristic Portfolios Lead to Innovation?

Abstract

At present, innovation has become a basic engine of social transformation, which not only directly influences the process and result of material production, but also indirectly affects staff values, codes of conduct and survival, and the latter more involved in corporate character. The corporate character in innovation plays an important role, and understanding the inherent relationship between organizational character and innovation can help enterprises achieve their performance. Therefore, this paper takes 185 listed companies of 2014–2016 years of high-tech industry as the sample, and studies the relationship between characteristic portfolios and innovation exploratory using financial and governance data, and meanwhile verifies that organizations can cultivate its own character traits from four aspects: organizational orientation, sound consciousness, internal decision-making and external perception. And corporate can use the characteristics of effective combination of elements to seek the overall upgrading of innovation, and then establish a sustainable competitive advantage.