【作者】 张敏；

【导师】 罗正英；

【作者基本信息】 苏州大学 ， 会计（专业学位）， 2023， 硕士

【摘要】 在党的十九届五中全会上,党中央为我国企业技术创新发展指明了方向,并提出到2035年使中国走在创新型国家前列,企业是技术创新的承载主体,技术创新能力是企业的核心竞争力,企业应当不断增强自身的技术创新能力。但目前我国光通信行业面临着一些技术创新困境,行业新兴业务不断产生,技术更新压力上升,技术人才竞争激烈,高端技术与国外企业相比还存在着一定的差距,核心技术面临封锁。企业技术创新活动的开展离不开大量资金和技术人才的投入,因此,从企业内部入手,通过对高管和技术人员实施多期股权激励,增强高管技术创新风险承担能力和融资意愿,增加对技术创新的投入,同时激发技术人员的研发积极性,提高技术创新产出,以此提升企业技术创新能力,增强企业的核心竞争力,可能是光通信行业摆脱技术创新困境的有效方式。本文首先梳理了相关理论和文献研究,其次通过分析光通信行业技术创新困境,说明采取多期股权激励方式来激励光通信企业技术创新的必要性,并分析多期股权激励对光通信企业技术创新的影响及效果。案例部分以光讯科技公司为例,对光讯科技实施多期股权激励方案的原因和方案进行总结,具体分析了多期股权激励对技术创新的影响路径和效果。并将技术创新过程分为三个阶段,依据是否实施多期股权激励方案,对光讯科技技术创新效果进行纵向对比,并选择同行业具有可比性的企业进行技术创新效果的横向对比,探索多期股权激励是否对光通信企业技术创新能力有较好的促进作用,最后对影响效果进行总结。研究结果表明,企业对高管实施多期股权激励,赋予其固定薪酬之外的收入,同时多期股权激励方案激励效应比单一的股权激励方案更加持久,可以对高管起到连续激励的作用,增强高管对技术创新风险的承担意愿,高管在做技术创新决策时,会更加考虑企业的长远利益,减少短视主义行为,加大对技术创新的投入,并且高管会利用自身积累的社会资源,积极的为企业寻求外部融资机会。对技术人员实施多期股权激励,可以吸引留住人才,提高技术人员工作效率和创造力,促进技术创新产出和技术创新成果转化。更多还原

【Abstract】 At the Fifth Plenary Session of the 19th CPC Central Committee,the Party Central Committee pointed out the direction for the development of technological innovation in China’s enterprises and proposed to make China walk in the forefront of innovative countries by 2035,enterprises are the main bearers of technological innovation,technological innovation capability is the core competitiveness of enterprises,and enterprises should continuously enhance their technological innovation capability.But at present,China’s optical communication industry is facing some technical innovation dilemma,the industry’s new business is constantly generated,the pressure of technology renewal is rising,the competition for technical talents is fierce,there is still a gap between high-end technology and foreign enterprises,and the core technology is facing blockade.Therefore,starting from within the enterprise,through the implementation of multi-period equity incentives for executives and technical personnel,to enhance the risk-bearing ability and financing willingness of executives in technological innovation,increase the investment in technological innovation,and at the same time stimulate the enthusiasm of technical personnel in R&D and improve the output of technological innovation,so as to enhance the enterprise’s technological innovation capability and strengthen the It may be an effective way for the optical communication industry to get rid of the technological innovation dilemma.This paper firstly composes the relevant theories and literature studies.Secondly,by analyzing the technological innovation dilemma of optical communication industry,it illustrates the necessity of adopting multi-period equity incentive to stimulate technological innovation of optical communication enterprises,and analyzes the impact and effect of multi-period equity incentive on technological innovation of optical communication enterprises.The case section takes Optical Communication Technology Company as an example,summarizes the reasons and scheme of implementing multiphase equity incentive program in Optical Communication Technology,and specifically analyzes the impact path and effect of multi-phase equity incentive on technological innovation.It also divides the technological innovation process into three stages,makes a longitudinal comparison of the technological innovation effect of Accelink Technology based on whether or not the multi-period equity incentive program is implemented,and selects comparable enterprises in the same industry for a horizontal comparison of technological innovation effect to explore whether the multiperiod equity incentive has a better promotion effect on the technological innovation ability of optical communication enterprises,and finally summarizes the impact effect.The results of the study show that the enterprises implement multi-period equity incentive to give executives income other than fixed salary,and the incentive effect of multi-period equity incentive program is more lasting than single equity incentive program,which can play the role of continuous incentive for executives,enhance the willingness of executives to take the risk of technological innovation,and the executives will consider the long-term interests of the enterprise more when making technological innovation decisions,reduce the short-sightedness behavior and In addition,executives will use their accumulated social resources to actively seek external financing opportunities for the enterprise.The implementation of multi-period equity incentives for technical personnel can attract and retain talents,improve the efficiency and creativity of technical personnel,and promote technological innovation output and transformation of technological innovation results.更多还原