Research On Establishing Grassroots Innovation Incubator In China

In modern society, many countries are striving to achieve industrialization and technological modernization, in their different starting point. To set up an innovative country is one of the important stratagems made by our government, which core is enhancing China's capacity for independent innovation. Innovation ability is an important measurement of economic strength in a country. All of the countries are making unremitting endeavor to improve their scientific and technological ability. As an important component in the national innovation system, incubator plays a pivotal role. Grassroots Innovation is very important during the transition in our system and market-oriented reform of economic.However, after selected all statistical information, we haven't found an incubator which specifically incubated for Grassroots Innovation. Grassroots Innovation had to only run its course. A lot of valuable innovation projects were not incubated effectively.In this Paper, the author uses the qualitative analysis methods such as literature analysis, comparative analysis, theoretical research. Incubators have been found playing an important role in incubating SMEs. However, the Incubators did not reflect their own value on the Grassroots Innovation. It is still a blank in incubating Grassroots Innovation. By studying the development of current situation incubator, and analyzing the causes about the lack of Grassroots Innovation Incubator, the author try to find an effective way to incubate Grassroots Innovation.The author advances to Establishing Grassroots Innovation Incubator in China from promoting government idea transformation, making correlated policy, creating investment and financing system, establishing intermediary service organization. Then it will promote the Grassroots Innovation having a better development.