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| The Identification and Inspection of the EffectiveGrowth Rate of High-tech Enterprises |
| Lun Rui |
| School of Business Administration, Henan University of Economics and Law, Zhengzhou 450003, China |
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Abstract In this paper, we break through the traditional ideas on the evaluation of enterprises- growth which based on Van Horne model and Higgins model.We build panel data model for the financial data of 294 high-tech enterprises in China from 2007 to 2011.The elastic interval of high-tech enterprises effective growth lies between 37.5% and 44.4%.And the growth interval for benefit maximization lies between 59.6% and 66.9%.The growth interval for risk minimization lies between 1.7% and 13.5%.Furthermore, this paper verifies the effectiveness of above conclusions by value creation ability data.
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Received: 20 June 2013
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2013, Vol. 1 
