Innovation Fund For Implementation Effects And Institutional Arrangements,

Compared with other enterprise, SMEs have the advantage of innovation mechanism and innovation efficiency, and occupy an important status in the country, so the government pays great attention to support SMEs' innovation. Innovation fund is a government special fund that used to cultivate, support and boost science and technology SMEs' innovation. At present, there is a lot of dispute on the evaluation of innovation fund, and the focus of the dispute is the evaluation of institutional arrangement and implement effect of innovation fund.The study evaluates and analyzes the implement effect from the aim to set up innovation fund and the corresponding institution. Besides, it goes deep into discuss the reason of institutional arrangement from the problem existed in innovation fund implement.The study carries through by using literature study, questionnaire study and spot investigation. The study choose corporations supported by innovation fund in Zhejiang province as the swatch, then the study makes analysis of factor, correlation and variances on the data from questionnaire by using SPSS. Aiming at the problem discovered in Statistic analysis, author carry through more study by discussion and case analysis.The basic conclusion of the study is that institutional arrangement of innovation fund guarantee the aim of innovation fund to be realized. Besides, brings forward suggestions on opportunism keep away mechanism, management mode, and flat roof construction.