Supporting China Private Enterprise Development by Technological Innovation

摘要

Private economy is an important component of socialism market economy in China. The development of private enterprises is mostly influenced by internal and external factors to a certain extent,in which technological innovation is the most important factor. Technological innovation contributes to the development of private enterprise mainly in three aspects as follows: the brand promotion,competitiveness and sustainable development. The paper analyzes the supporting function of technological innovation to private enterprise development,and the result shows the relationship between brand promotion,core competition,sustainable development of private enterprises and technological innovation activities. Finally the paper brings forward the suggestions of technological innovation strategy of private enterprise.