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Assessment of enterprise innovation based on the integrated PCA: A case study of the Chinese listed equipment manufacturing enterprises

Zhi-Yuan Li

The innovation capacity, as resource of economic competitiveness, plays a significant role in social and economic development and has become a priority issue. Taking 30 Chinese listed equipment manufacturing enterprises as a sample, this study analyzes their innovation capability based on Principal Component Analysis, Kernel Principal Component Analysis and Clustering Analysis. The assessment results of the proposed method, theory and model coincide with the real conditions of Chinese Listed equipment manufacturing Enterprises, demonstrating that the proposed model is accurate, reliable and objective.