Research of The Influence of Technological Innovation on Business Performance Based on cluster analysis

Abstract

With the advent of the era of big data, the data information processing ability of enterprises has been greatly improved. By using the innovative technology of big data, enterprises can realize the networked performance management. This paper adopts cluster analysis to make empirical analysis on listed companies, Cluster analysis is to divide samples into different categories according to similarity according to certain indexes. The results of SPSS show that there is a positive correlation between enterprise innovation capability and business performance. Moreover, technological innovation has a significant impact on the performance of labor-intensive and technology-intensive enterprises, but has no significant impact on capital-intensive enterprises. Managers should pay full attention to the impact of innovation ability on business performance of enterprises, take advantage of the progress of big data technology, and improve the competitiveness of technological advancement between countries.