PEER EFFECT OF CORPORATE R&D INNOVATION FROM THE PERSPECTIVE OF UNCERTAINTY

Based on external uncertainty environment and R&D innovation wave background, this paper explores the impact of information noise caused by economic policy peer effect corporate activities, using multiple regression method quarterly data listed Chinese companies from 2010 to 2020, influencing mechanism boundary condition were analyzed. Results show that there is a significant at industry level in behavior corporates, with said policies both significantly stimulate activities corporates. The imitation learning path obviously targeted, corporates same prioritize comparative advantages industry. Economic also present certain selection innovation, possibly further enabling better operating conditions gain greater market share gradually eliminate low ability. conclusions help decision makers use implement incentive optimize management.