Study On Control Of Technology Innovation Risk Of Small And Medium Enterprises In Industrial Cluster

Industrail clusters generallly consists of a small number of large enterprises with strong innovation ability, a large number of small and medium enterprises and related services institutions. In industrial cluster, the production is highly specialized in a large scale and a slight move would affect the whole situation. Individual enterprise is difficult to control and defuse the risk of technology innovation risk and it is necessary for government, industry, academia, research and finance to make joint efforts. Namely, the innovation risks control of small and medium enterprises is closely linked not only to the enterprise itself but also to the supports of local governments,industry associations,financial institutions, unniversities and research insitutions. The innovation risks control of small and medium enterprises in industrial cluster is to take certain measures to lock, eliminate and transform the technology risks faced by small and medium enterprises. Risk control is mainly related to the efforts of enterprises, local government, industry associations, financial institutions as well as unniversities and research insitutions. The concerted efforts can not only promote the development of local enterprises, but also enhance the competiveness of the region and speed up the economic development of the region. In China, the innovation risks of small and medium enterprises in industrial cluster are specifically the "free rider" risk, frequent quit risk,"lemon" risk, capital chain risk, loose marketing risk, and low-end embedded risk. Based on the above consideration, this article analyzes the problem in the technology innovation risk control of small and medium enterprise in our country from the five aspects of the enterprises, local governments, industry assocaitions, financial institutions as well as unniversities and research insitutions. Then the author discusses the relevant practices in the technology innovation risk control of small and medium enterprise in America and the countermeasures and suggestions in the technology innovation risk control of small and medium enterprise in our country.