中文摘要：

基于2012-2015年创业板上市公司数据,实证检验了创业企业创新投入、高管过度自信对企业绩效的影响。研究发现：1企业创新投入与企业绩效呈显著倒U型关系,即随着创新投入的增加,企业绩效呈现边际效应递减规律;2高管过度自信与企业绩效显著负相关,即高管过度自信的自我意识对企业绩效具有显著负向影响;3高管过度自信及企业创新投入之间存在交互效应,显著影响企业绩效。

英文摘要：

This paper use data of GEM companies between 2012 to 2015,examine the impact innovation and executives overconfidence on business performance.The results shows that：society paid more attention to innovation capability,and there is significant correlation between the innovation investment and business performance;executives tend to overconfidence when made decisions,and resulted in significant impact on the performance and other relevant variables of enterprise development;there has ＂interaction＂ between executive overconfidence and innovation investment,significant impact on business performance.