Technological SME(Small-Medium Technological Enterprise), which is the the sprout of Large Scale Technological Enterprise, has been the most vigorous and promising enterprise in Market Economy. Aiming at its consistent development, the paper researches on the evolution of innovative capability of Technological SME from the angle of its growth.First of all, the current situation of the research of Technological SME is presented, and the concepts such as innovation, Technological SME and its innovative system and innovative capability are difined. Then the growing law of Technological SME is illustrated, and the evolution of innovative capability is analyzed theoretically.Thirdly, Fuzzy Taxonomy Analysis is selected to find the main elements of innovative capability of various life phases, and approaches and measures for improving innovative capability of Technological SME are given.The reseach demonstrates there are different main elements of innovative capability in various life phases. During the initial phase, main elements are administrative talent, vision and strategy, capital raising capability and technological talent. And the main elements go to...
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