Research On The Contribution Of Technological Innovation Of Small And Medium Enterprises To Economic Growth In China

Technological advance is an important source of power to promote economic development.And the technological innovation of enterprises,who is the main body of the market,plays a vital role in both their own development and macroeconomic growth.It’s worth noting that small and medium enterprises,as a concentrated group of disruptive technological innovation,have made special contributions.Therefore,governments of all countries in the world encourage and support the development of them.Based on the theory of endogenous economic growth,this paper makes an empirical analysis on the promotion of economic growth by small and medium enterprises by combining macro and micro data.Then on this basis,this paper will explore the status quo and future trends of the development of small and medium enterprises in China,and put forward relevant policy recommendations and improvement measures.The introduction introduces the background and significance of this paper,and puts forward the innovation of this paper as well as the research framework and methods.The first chapter is the theoretical basis of this paper.After introducing some concepts,it elaborates the research status of the technological innovation of small and medium enterprises at home and abroad.The second chapter expounds the contribution of technological progress to economic growth with the endogenous economic growth theory,using the econometric analysis method for empirical analysis.Then,this paper analyzes the relationship between technological innovation and earnings of enterprises from the micro level by using relevant data of enterprises,and makes a comparative analysis of large and small and medium enterprises to clarify the special role of small and medium enterprises in promoting economic growth.That is to say,small and medium enterprises concentrate most of disruptive innovation and develop into large enterprises through technological innovation,among which applied technological innovation is more important than original creation and invention.Therefore,countries support the technological innovation activities of small and medium enterprises.The third chapter introduces the present situation of technology innovation of small and medium enterprises in China.First,it introduces the current technologicalinnovation level and future trend of China’s enterprises,especially small and medium enterprises.Then it describes the deficiencies in the technological innovation of small and medium enterprises,and finally expounds the overall innovation environment of China’s small and medium enterprises from the aspects of economic system,macro policy,financing environment,infrastructure and cultural factors.The fourth chapter elaborates the other problems of technological innovation in enterprises from four aspects: the difficulty of disruptive technological innovation,the difficulty of continuous technological innovation,the difficulty of transforming technology innovation into industrialization,and the paradox of technological innovation in economic life.Finally,on the basis of the above chapters,the fifth chapter combines with other countries’ measures of promoting technological innovation of small and medium enterprises,and put forward the decision-making Suggestions to develop the technological innovation of small and medium enterprises in our country.And at the end there is a summary of this paper.