Research On The Technology Innovation Patterns Of China's Manufacturing Industry

The global financial crisis of2008forced the transformation of China's economic growth mode and the industry structure. Industrial upgrading in China also means that the revitalization of the equipment manufacturing industry and the rise of opportunities. As the innovation vector of every industry of the country, the manufacturing industry has to build its technical innovation ability, which is an important foundation for our economy to grow from investment-driven stage to innovation-driven stage. In the United States, Germany and Japan, the economic development and rising international status is based on the equipment manufacturing industry development as the premise. Therefore, it is of significant value to choose the equipment manufacturing industry technological innovation as the theme of the dissertation.During the past30years since the economic reform, China's economy has maintained rapid growth momentum, but to some extent, is to rely heavily on extensive inputs of production factors such as capital, labor and natural resources. The evolution of the competitive advantage of China's equipment industry is a concrete manifestation of the mode of economic growth in China. The highly competitive equipment sub-sectors of China, such as shipbuilding, railway vehicles, containers, construction machinery, are generally not sophisticated machinery and equipment industries, and these sectors mostly belong to the transportation equipment category. Meanwhile, the precision CNC, high-grade light industry equipment, and high-end metallurgy chemical energy equipment, are heavily dependent on imports. Deepening of China's industrialization means the industrial upgrading and technological innovation of the equipment industry.According to the summary of the view of the domestic and foreign scholars and intrinsic characteristics of China's economic development, Fu Jiaji (1998) pointed out that the enterprise technology innovation includes the introduction of new products, new production (process) method, new markets, new sources of raw materials or semi-finished products, or a new organization, and technological innovation is a comprehensive process including a series of technological, organizational, commercial and financial activities. Technological innovation includes not only the product and process innovation, and also includes the management, organization, market success of innovation. A large number of studies have shown that an important reason of many unsuccessful cases of product innovation is the lack of coordination of the soft technical factors such as the marketing, organizational, institutional, cultural, strategic aspects. As the outcome of the multi-dimensional innovations including the products, management, market and institutions, an innovation of business model rises, which appears in large numbers in the mature stage of the enterprise innovation.Innovation in economic life is very important, but it didn't get the attention of mainstream economists for a long period. Traditionally, economists pay much attention to the resource allocations and economic effects, while how the innovations exactly occur has been regarded as an elusive "black box". Despite of a large number of innovation research, we understand more about what innovation can bring, but little about why it happens, how it happens. However, to stimulate innovation and understand the innovation patters is extremely important to the emerging and less-industrialized countries. Technological innovation has a strong practical features, and enterprises are the center of technological innovation. I visited hundreds of equipment manufacturing enterprises and questioned lot of industry experts. Based on these plentiful first-hand information of innovation practices, this paper will analyze the technological innovation patterns of the equipment enterprises, compare the innovation characteristic of different sub-sectors, and perform the factor analysis of innovation performance factor analysis, so as to study the future direction of the equipment manufacturing innovation, and provide insight for the policy makers of the government.Based on the innovation pattern analysis and factor analysis of the equipment manufacturing industry, the dissertation proposes the policy suggestion to improve the innovation capabilities. The suggested polices includes speeding up economic restructuring, developing emerging industries, supporting the leading equipment enterprises with system integration abilities, facilitating the collaborative innovation mechanism between the equipment manufacturing and downstream users, encouraging equipment industry clusters, improving improve the market mechanism of human and capital resources.