Study Of Corporate Innovation System

Even in the ancient time, our Chinese philosophers have found that the prospect of individuals, people, countries and society is determined by continuous innovation. And the development of human beings in thousands of years also points out that the new ideas, new rules and new technologies are the basic power promoting the whole societies. And now, in the knowledge society, the importance of innovation is unquestionable. Many country leaders make innovation the principle task of their countries, and more and more companies look innovation as the style of surviving.Innovation spirit partly stems from the history, culture and tradition of a people, but it also depends on the institutions adopted by a country or a company. Douglas C. North has pointed out that it was innovation that triggered the Industrial Revolution and resulted in the raising of the West. The practice of 3M has been proving the importance of institutions in innovation, as well. Focusing on the topic of Study of the Innovation of Companies, this article will build the institution system of company innovation, talk about how to promoting the innovation practice of companies through institutional arrangement. This article comprises 3 parts: one is focusing on the basis of theory, another is about the external arrangement of corporate innovation, and the other is about the internal arrangement of corporate innovation. The first part is composed of 4 chapters. Chapter 1 analyses the characteristics and functions of innovation and institution, points out the dialectical relationship between innovation and institutions, and talk about the affect of institutions on innovation by cases. Chapter 2 makesthe innovation behavior analysis as a base, then study the mechanism of institution's function on innovation from the aspects of motivation of innovation and capacity of innovation. Chapter 3 talks about the innovation of companies, and analyzes the source, principles of the institutions and etc. Chapter 4 sets up the institutional system of corporate innovation, and talk about the affects of property right arrangement of companies on innovation.The second part consists of 2 chapters. Chapter 5 analyses the market institutions, especially the price mechanism and competition mechanism influencing innovation. Chapter 6 focuses on the institutional arrangement of government on innovation.The third part consists of 3 chapters. Chapter 7 mainly talks about the organizing institutions of innovation in companies. Chapter 8 studies institutions of information and cooperation on innovation. Chapter 9 analyses the institutions of assessment of innovation, innovation-oriented human resources policies, and innovation resources allocation institutions and etc.