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Research into the Phased Supporting Enterprise Innovation Policy of China

Author

Listed:
  • Yang Yang

    (Beijing Research Center for Science of Science)

  • Li, Jin

    (Beijing Research Center for Science of Science)

  • Cheng, Haiyan

    (Beijing Research Center for Science of Science)

Abstract

A technology enterprise has its own unique characteristics and laws of development at different life-cycle stages. These characteristics are seen in business venture and enterprise development and differ in terms of enterprise size, organizational management, innovation activities, investment and financing, market environment, and business risk. Therefore, the policy demands of enterprises at different life-cycle stages vary widely. The government should follow the rules of business venture and enterprise development, and formulate and improve a policy system featuring the characteristics of different stages in order to create a favorable entrepreneurial environment. Based on the analysis of characteristics of enterprises at the startup stage, the developing stage and the mature stage and their different policy requirements, this paper proposes an innovation policy system based on enterprise life-cycle stages, and makes suggestions on how to improve it.

Suggested Citation

  • Yang Yang & Li, Jin & Cheng, Haiyan, 2016. "Research into the Phased Supporting Enterprise Innovation Policy of China," The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 4(2), pages 89-97, November.
    • Handle: RePEc:eri:review:4:2:89-97
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    Cited by:

    1. Wei Lin & Wei-Jun Zhong & Chun-Hsien Su & Ping-Kuo Chen, 2020. "Are Pressuring Employees to Improve Organizational Innovation Still Working? An Empirical Analysis of Manufacturing Companies in China," SAGE Open, , vol. 10(4), pages 21582440209, October.

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