摘要
农业是我国的第一产业，是国民经济建设和发展的中流砥柱，在国民经济中
是一个重要的组成部分。邓小平提出“科学技术是第一生产力”，将科学技术视
为是扩大生产力的核心动力。在农业技术创新和农业发展受到国家高度重视的大
背景下，农业上市公司作为农业企业的领头羊，应该重视自身技术创新能力的提
高，从而带动农业经济的发展和农民生活水平的提高，农业上市公司应大力推进
技术创新活动，提高企业财务绩效，增加企业竞争力，促进我国农业产业向专业
化、市场化转型，推动我国农业经济的平稳快速高质量发展。
本文在理论分析的基础上，结合案例研究的方式，阅读研究相关领域的各类
文献，理清技术创新、财务绩效的相关概念界定及理论基础。对2015-2020年间
我国42家农业上市公司的相关财务数据使用Excel和SPSS26进行处理，得到农
业上市公司的财务绩效评价函数。为更深入了解研发投入与财务绩效的影响机理，
选取行业龙头企业的W集团进行案例分析，根据得到的农业上市公司财务绩效评
价函数将案例公司的财务绩效进行量化，借鉴前人学者们的大量实证研究结果，
通过对案例公司研发投入情况与财务绩效情况的深入分析，研究结果表明对于案
例公司来说，研发投入对公司的财务绩效总体产生积极影响，与当期偿债能力有
负相关性。最后，本文依据研究结果对案例公司及行业其他上市公司两个角度就
提高技术创新能力提出具有参考价值的建议。
关键词：技术创新；研发投入；财务绩效；
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ABSTRACT
Agriculture is China's primary industry, which is not only the mainstay of
national economic construction and development, but also as an important part of the
national economy. Deng Xiaoping put forward that "science and technology are the
primary productive forces" and regarded science and technology as the core driving
force to expand productive forces. Under the background that agricultural
technological innovation and agricultural development are highly valued by the state,
agricultural listed companies, as the leader of agricultural enterprises, should attach
importance to the improvement of their own technological innovation ability, so as to
promote the development of agricultural economy and the improvement of farmers'
living standards. Agricultural listed companies should vigorously promote
technological innovation activities, improve the financial performance of enterprises,
and increase the competitiveness of enterprises. Promote to specialization,
market-oriented transformation of agricultural industry in China, and promote steady
and rapid development of high quality of our country's agricultural economy.
Agricultural listed companies should vigorously promote technological innovation
activities, improve the financial performance of enterprises, and increase the
competitiveness
of
enterprises.
Promote
to
specialized
,
market-oriented
transformation of agricultural industry in China, and promote steady and rapid
development of high quality of our country's agricultural economy.
This paper is combined with the case study way on the basis of theoretical
analysis, I read all kinds of documents,the definition and theoretical basis of technical
innovation financial performance are summarized.Using Excel and SPSS26 to process
the relevant financial data of 42 agricultural listed companies in China from 2015 to
2020, and the financial performance evaluation function of agricultural listed
companies was obtained. In order to further study the influence mechanism of R&D
investment and financial performance, W Group, a leading enterprise in the industry,
was selected for case analysis. According to the agricultural listed companies'
financial performance evaluation function to quantify the financial performance of W
group, case study company r&d situation and financial performance. The research
results show that for W Group, r&d investment has a positive overall impact on the
company's financial performance, and has a negative correlation with the current
solvency. Finally, based on the research results, this paper puts forward suggestions
for the case company and other listed companies in the industry.
Key words: technological innovation; R&d investment; Financial performance;
II

目录
摘要...................................................................................................................................I
ABSTRACT ......................................................................................................................II
1绪论.............................................................................................................................. 1
1.1研究背景及意义 ................................................................................................ 1
1.1.1选题背景 .................................................................................................. 1
1.1.2研究意义 .................................................................................................. 1
1.2研究目标与内容 ............................................................................................... 2
1.2.1研究目标 ................................................................................................. 2
1.2.2研究内容 ................................................................................................. 2
1.3研究综述 ............................................................................................................ 4
1.3.1国内外研究现状...................................................................................... 4
1.3.2文献评述 .................................................................................................. 5
1.4研究思路与方法 ................................................................................................ 5
1.4.1研究思路 .................................................................................................. 5
1.4.2研究方法 .................................................................................................. 6
1.5本文的创新点 ................................................................................................... 6
2理论基础及机理分析 ................................................................................................. 7
2.1概念界定 ........................................................................................................... 7
2.1.1技术创新能力.......................................................................................... 7
2.1.2农业企业 ................................................................................................. 7
2.1.3财务绩效评价......................................................................................... 7
2.2理论基础 ............................................................................................................ 8
2.2.1技术创新与经济增长理论...................................................................... 8
2.2.2投入产出理论......................................................................................... 9
2.2.3核心竞争力理论...................................................................................... 9
2.3技术创新能力对财务绩效的影响机理 ........................................................ 10
2.3.1技术创新活动形成企业的技术成果积累 ........................................... 10
2.3.2创新产出提高企业核心竞争力 ........................................................... 10
2.3.3企业的核心竞争力提高其财务绩效 ................................................... 11
3 W集团技术创新能力发展现状 ............................................................................... 12
3.1 W集团简介...................................................................................................... 12
3.2 W集团的运作模式.......................................................................................... 12
3.3农业上市公司技术创新发展现状................................................................