Analysis on Influencing Factors of Innovation Behavior of Specialized and New Enterprise Small and Micro Enterprises

Authors

  • Rui Hu

DOI:

https://doi.org/10.54691/kr1bq209

Keywords:

Specialization and Innovation; Probit Model; Government Subsidy; Human Capital.

Abstract

As China continues to strengthen the cultivation of specialized and ultra-new small and micro enterprises, and promote the development of related enterprises in China's basic industries, now "specialization and innovation" enterprises have become a new power to enhance the industrial chain power and high-quality development pattern. However, the development of all kinds of "little giant" enterprises is still in the middle and low end of the industrial chain, the core creativity is still very lacking, and it is easy to be eliminated and replaced in the fierce competition of existing technology and innovation. In this regard, from the perspective of "innovation", this paper will use Probit model to empirically analyze the internal and external factors and constraints that affect the innovation behavior of small and medium-sized enterprises, among which government subsidies and human capital cultivation have significant negative and positive effects on enterprise innovation respectively. At the end of the paper, we try to find a way to solve the core problem of "innovation difficulty" of small, medium and micro enterprises under the background of "specialization and innovation" from multiple perspectives.

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References

Zhang Zhuoqun. Research on the High-Quality Development Path of "Specialized, Refined, Unique, and Innovative" Enterprises in the Post-Pandemic Era[J]. Market Modernization, 2022, No.961(04): 78-10.14013.

Sheng Yilin, Yan Anqi, Chen Xinyi,et al. Research on Profit Status and Supporting Policies of "Specialized, Refined, Unique, and Innovative" "Little Giant" Enterprises[J]. Journal of Taiyuan Urban Vocational College, 2022, No.256(11): 36-39.

Deng Yuchang. Current Situation and Countermeasures of Financing Constraints for Small and Micro Enterprises in Hunan Province[J]. China Journal of Commerce, 2022, No.863(16): 98-101.

Geng Xinwei. Analysis and Response to Operational Risks of Small, Medium, and Micro Enterprises under the COVID-19 Pandemic[J]. China Banking, 2020, No.75(Z1): 49-51.

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Published

2024-06-23

Issue

Section

Articles

How to Cite

Hu, R. (2024). Analysis on Influencing Factors of Innovation Behavior of Specialized and New Enterprise Small and Micro Enterprises. Frontiers in Science and Engineering, 4(6), 15-21. https://doi.org/10.54691/kr1bq209