2020
DOI: 10.3390/su12062562
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Does the Nation Innovation System in China Support the Sustainability of Small and Medium Enterprises (SMEs) Innovation?

Abstract: To maintain sustainable economic growth, China has created a national innovation system (NIS) and strengthened the central status of firms. Our data show that the effect of turnover growth in small and medium-sized enterprises (SMEs) on China’s aggregate Gross Domestic Product (GDP)growth is significant, but the status of SMEs in the NIS and related policies is not significant. To determine whether there is a correspondence between the sustainability of innovation in SMEs and the support of China’s NIS, we dev… Show more

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Cited by 47 publications
(35 citation statements)
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“…The central government should provide guidance primarily by supporting innovation made by the enterprise (Jia et al, 2020), and the developed region should spend more capital to promote regional economic upgrading. Meanwhile, the developing region was eagerly to accelerate economic development by implementing strategy of innovation, so as to promote the economic position in the whole nation.…”
Section: Resultsmentioning
confidence: 99%
“…The central government should provide guidance primarily by supporting innovation made by the enterprise (Jia et al, 2020), and the developed region should spend more capital to promote regional economic upgrading. Meanwhile, the developing region was eagerly to accelerate economic development by implementing strategy of innovation, so as to promote the economic position in the whole nation.…”
Section: Resultsmentioning
confidence: 99%
“…The Industrial Revolution and the global economy have advanced rapidly due to technology. Furthermore, technological advances have a positive effect on economic growth, productivity, and opportunities for new business development towards modern economic business activities [51,52]. This means that technological innovation will encourage increased productivity in SMEs.…”
Section: Determinants Of Economic Growth and Technological Innovationmentioning
confidence: 99%
“…This means that the economic business patterns developed tend to be simple and only aimed at meeting the needs of local consumers, making them less adaptive in response to stimuli for environmental change. Thus, business protection and innovation are needed in SMEs to attain sustainable business management [141]. Furthermore, agricultural, souvenir, and automotive businesses are categorized as medium in development.…”
Section: Determinants Of Human Resource Capacity and Productivity Of Smesmentioning
confidence: 99%