Relationship Between Market Structure and Enterprise’s Technological Innovation
Yuanyuan Wang
Abstract
Yuanyuan Wang
Abstract
The article conducted a research on the relationship between market structure and enterprise’s technological innovation,and the conclusions include: ①There are obvious differences between big and small enterprises’ technological innovation in terms of industrial sectors and motivation because of submersion cost and the monopoly structure of market;②for technology-oriented industry sectors of high concentration,capital denseness,small enterprises have inadequate involvement in technical innovation.Whereas for product-oriented industry sectors of low concentration and capital denseness,small enterprises’ technical innovation still plays the vital role;③In an industry economy age,major enterprises account for much of RD investment;While in the new century,small and medium-sized enterprises’ RD investment proportion will show noticeable change.
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The article conducted a research on the relationship between market structure and enterprise’s technological innovation,and the conclusions include: ①There are obvious differences between big and small enterprises’ technological innovation in terms of industrial sectors and motivation because of submersion cost and the monopoly structure of market;②for technology-oriented industry sectors of high concentration,capital denseness,small enterprises have inadequate involvement in technical innovation.Whereas for product-oriented industry sectors of low concentration and capital denseness,small enterprises’ technical innovation still plays the vital role;③In an industry economy age,major enterprises account for much of RD investment;While in the new century,small and medium-sized enterprises’ RD investment proportion will show noticeable change.
Key concepts: Business, Industrial organization, Investment (military), Monopoly, Market structure, Product innovation, Product (mathematics), Capital (architecture)