Impact Study Of Tech-innovation Input Capacity On Growth In Technology-based SMES

In order to succeed, enterprises can cultivate their core competitiveness and obtaincompetitive advantages by technology innovation. SMEs, a carrier of technology innovation,have incomparable advantages of technology innovation compared with large enterprises. Bygetting their core competitiveness, SMEs can achieve sustainable development.Research on literature is to sort the relative existing study and a theoretical description ofthe necessity and feasibility. This paper studied technology innovation theory, enterprises growththeory and relative theory between innovation theory and growth theory. Through study onliterature, this article expounded the necessity and feasibility of this study in theory. In order tocarry out empirical research better, firstly, the SME was defined in this article. According to thisdefinition, the company’s annual financial report and notices in2012published on SME boardand GEM in Shenzhen Stock Exchange as a source of information, the study filtered422companies which met the requirements of this paper. Then, this article built the index system oftechnology innovation input capacity and enterprises growth. By factor analysis, the paper gotthe main factors of technology innovation input capacity and SMEs growth respectively.Based on foregoing theory and factor analysis, this article built the conceptual models andtheoretical assumptions. Then, using correlation analysis and regression analysis, the paper madeempirical analysis and assumptions validation of sample data. Empirical results showed that (1)R&D investment, executive technology innovation investment and technical inputs have positiveeffects on SMEs profitability respectively;(2) R&D investment and technical inputs havepositive effects on SMEs growth;(3) executive technology innovation investment andtechnology innovation input capacity have positive effects on enterprises solvency ability.