Economics, Econometrics and Finance
8 years ago

Enterprises Lead National Innovation, Driving Economic Growth and Societal Development.

Journal of North China Institute of Science and Technology
The Principle Role of Enterprises in National Innovation
Yao Hui

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Enterprises play a crucial role in national innovation by focusing on independence and innovation. The key to societal and economic development lies in enhancing the innovating competence of businesses. Entrepreneurs, not just experts, are essential for driving technical innovation within enterprises. The study emphasizes that enterprises are the primary drivers of national innovation and suggests creating a supportive environment for self-independent and innovative businesses.