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International Journal of Art Innovation and Development, 2022, 3(1); doi: 10.38007/IJAID.2022.030105.

Innovation-driven Development Strategy

Author(s)

Qingjun Wang

Corresponding Author:
Qingjun Wang
Affiliation(s)

Shenyang Aerospace University, Shenyang, Liaoning, China

Abstract

Since Schumpeter proposed the theory of innovation, the dependence of innovation on the market has been widely recognized. To accelerate the implementation of innovative strategies, the key is to concentrate on cultivating the power of market-oriented innovation. Relatively speaking, innovation work is difficult to fully integrate with market demand in terms of concept, focus, and transformation of results. Market participation is insufficient for innovation and entrepreneurship, and innovation rules and market rules are not organically combined. Administrative guidance and administration the use of means is more, resulting in less active innovation and development. In the overall conception of innovation work, we must give full play to the decisive role of the market in the allocation of innovation resources, adhere to the direction and path of the market to choose innovation, and give play to the market's guiding role in the allocation of various types of innovation elements. The purpose of this paper is to release the innovation energy and wealth creation enthusiasm in science and education resources to the greatest extent. Form a relaxed and convenient market access environment, a fair and orderly market innovation environment, further simplify market access procedures, and promote SMEs and private enterprises to actively participate in fair competition for innovation and entrepreneurship.

Keywords

Innovation Theory, Marxist Theory, Development Strategy

Cite This Paper

Qingjun Wang. Innovation-driven Development Strategy. International Journal of Social Sciences and Economic Management (2022), Vol. 3, Issue 1: 56-67. https://doi.org/10.38007/IJAID.2022.030105.

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