Economic Analysis Of Schumpeterian Innovation

Innovation is the soul of a nation's progress and the inexhaustible power forprosperity of a country. Social innovation has increasingly become an importantfoundation and signs for the emancipation and development of productivity. Recallingeconomic growth, development and fluctuations in the history, innovation is animportant driving force for economic growth. Innovation is a 'Black Boxes' whichneed to be opened up. Schumpeter Innovation distinguishes the traditional sense ofrandom chance, uncertainty, a progressive, high-risk 'Innovative'. Therefore,"Schumpeter Innovation"is the target of this study.Here I adopt an incremental analytical framework as 'concept analysis→(Model- Empirical Analysis)→, extended discussion', putting emphasis on empiricalresearch-oriented analysis and literature. Innovation is a systematic phenomenon.Schumpeter Innovation is an 'Innovative Rules'. Schumpeter Innovation is not thefundamental driving force for profit, but for the constraints under factor endowment.Entrepreneurial Spirit is the fundamental driving force to breakthrough factorendowment. Innovation has become an inevitable choice, and the state of differentfactors such as capital, human capital, information and knowledge will determine thepatterns, the processes and results of innovation.According to analysis of Schumpeter Innovative Theoretical, I found theeconomics establishment of a theoretical framework: Time Dimensions as "InnovationDomain→Linkage of Innovation Domain→the Balance of Change" and the SpaceDimensions as "Capital—Human Capital—Knowledge Information", described threeconditions during the process of innovation mode selection. Analyze at every level ofclosed innovation mechanism. To demonstrate Schumpeter Innovation is endogenousspontaneous, in the absence of external forces also come into being SchumpeterInnovative. Internal factors can promote Schumpeter Innovative.Then to introduce the external factors, without the endogenous spontaneity,domain can also realize the process of Schumpeterian Innovation. Under the openconditions, three Linkages, Embededness, Complementary and Bundling, havedifferent innovation effects. Bundling Linkage is able to realize the network effect,bring Schumpeter Innovative, while Schumpeter Innovation is impossible to promoteinnovation in closed Domain. Under the opening condition, there are three balances for the Changes of Linkage: Overlapping Embededness, Dynamic Complementarities,Schumpeterian Dis-bundling and Bundling. Hence, in the Changes from TraditionalInnovation to Schumpeter Innovation, the systematic environments inspire or restrainthe innovation are as followings. The amount of foreign capital is not only a capitalgrowth, but also a bundling-based risk sharing, the dis-bundling and re-bundling toinnovation domain. External human Capital is still in the role of human capitalincentive mechanism, to promote innovation. External information and knowledgewill have a scale effect of share; come true the value of information, throughmechanisms for the protection of the reputation and rights of owners of informationand knowledge.Based on the model of innovation, in the background of globalization I setupindex system of innovation, to analysis the countries under the conditions of open andclosed. The differences between innovation indicators distinct Schumpeter Innovationand Independent Innovation, even the relationship of comparative advantages amongthese 40 countries or districts, including developed countries and developing countries.Then provide theoretical ideas, strategy basis and policy advices for our country carryout Schumpeter innovation.