Research On The Technological Innovation Motive Mechanism Of China's Firms

On the basis of the technological innovation theory of Western Economics and Marxism Economics, this paper analyses the technological innovation motive mechanism of China's firms on the background of economic globalization and knowledge economy era. The paper takes systematic analysis method and comparative analysis method.In the knowledge economy era, economic globalization is externalized to be market globalization, and the latter is obviously characterized by the reorganization of value chain. In the modern society, firm's industry division mode in different value chain scope is decided in great extent by the level and depth of firm's research and development. Since 1990s, China's economy has entered high development period, with the average growth rate of 9%. By 2003, the per capita income has broken through $1000. China's economic capacity has increased continuously and greatly and drawn the most attention of the world. China's economic growth quality, however, worries people a lot. Krugman(1994)thought that the economic growth of Asia's newly industrialized countries and regions including China is achieved by the large-scale mobilization of the resources. Although Krugman's conclusion is biased, the contribution share of technological progress in China's growth is much lower than developed countries. The fundamental of a country's economic capacity is its firm's competence, whose core is technological competence. But in China, firm's competition and development mainly rely on the introduction of technologies from foreign countries; the self-development of technologies is weak. To some degree, there appears the phenomenon of "black hole of technology". Firm's innovation motive is universally insufficient, which is dangerous to a rapidly developing country. On this background, the analysis of technological innovation motive mechanism of China's firms has important strategic significance.The content of this paper is as follows:Part 1: analysis of influential factors of firm's tech-innovation motive mechanism;Part 2: analysis of incentive of firm's tech-innovation motive;Part 3: analysis of tech-innovation motive and mechanism of China's firms;Part 4: construction of new mode of tech-innovation motive and mechanism of China's firms;Part 5: suggestions to the construction of effective tech-innovation motive mechanism of China's firms.The conclusions including the author's creative opinions are as follows:1, tech-innovation motive mechanism should contain three aspects—the motive, the motive mode and the influential factors of tech-innovation;2, China's tech-innovation policy is switching from individual-incentive to the mechanism innovation incentive. At the same time, the tech-innovation policy is paid attention by several key governmental sectors, therefore the coordination of these sectors is necessary;3, the motive of firm's technological innovation includes four categories: drives from technologies; drives from market demand; forces from governmental behaviors; the back-up strength within the firm; the forth is influenced by the other three;4, the motive of tech-innovation of China's firms is insufficient in general, the tech-innovation motive mode of China's firms is characterized by "policy-market", which is unfavorable to the developing of firm's self-innovation, and is hard for firms to adapt to the intense market competition;5, the demand-forecast tech-innovation motive mode adapts the firm's tech-innovation motive and helps to cultivate firm's self-innovation capacity. This new mode overcomes the shortcomings of the available ones, and regards the potential customers as the main body. With the new tech-innovation mode, the firm makes preparation for the innovations by forecasting the demand of customers in the future market;6, market-incentive is the core of tech-innovation incentive mechanism of China's firms. Government's role is to keep the market order, support and lead the tech-innovation of firms.