Study on Financing Efficiency and Technological Innovation Capability in Agro-Food Processing Enterprises Under Food Safety Perspective
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    Abstract:

    The financing efficiency of agro-food processing enterprises is related to investment in technological innovation, and directly affects food safety. This paper chooses the method of DEA-malmquist to access 30 agro-food processing enterprises' real condition of financing efficiency and technological innovation capability from 2007 to 2012, taking the listed companies' dynamic panel data of China as the research object. According to the analysis, this study puts forward following conclusions and suggestions: China's agro-food processing enterprises have ignored the importance of saving the cost of financing instead of being concerned about their own profitability and growth prospects, which resulted in lower debt financing efficiency , worse innovation capability and a risk of food safety.

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WU Yiyu, LI Jun, WANG Lijuan. Study on Financing Efficiency and Technological Innovation Capability in Agro-Food Processing Enterprises Under Food Safety Perspective[J]. Journal of Food Science and Biotechnology,2014,33(7):777-783.

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  • Online: October 19,2014
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