The Analysis To Model And Mechanism Of Innovative Economic Growth

Innovation is an important means for enhancing competitiveness and sustainable development,and the power source for that of a country.As to developing countries,there are two modes of innovation:imitative innovation and independent innovation.Based on the comparative advantage principle,developing countries takes greater advantage by imitation than independent innovation.But independent innovation model,which embodies the autonomy on core technology,is bound to be the fianal model of innovation for a country or enterprise in long term.Therefore it is necessary to explore whether there is an endogenous mechanism allowing economy of innovation from imitation to independent model and what is the main factors.In theory, a macro-economic growth model and a micro-enterprise model of evolutionary innovation are constructed.It is pointed out in this paper that evolution from imitation to innovation model can be completed spontaneously out of interests, resulting in economic leap. Fixed Jones model suggest the innovative technological development rate is related to the rate of human capital growth rate and contribution rate, the elasticity of independent innovation output and the rate of foreign technological progress are related.Besides,it stressed only when the rate of human capital growth exceeds the critical value, the economy will self-realize the upgrade of innovative model. In addition to the choice of innovative model, human capital decide the rate of technological progress and the steady-state level trends. Micro-enterprise model,based on expected profits and method of the evolutionary game,suggest transiton of innovative model is related closely to the intensity of independent innovation and imitative innovation,human capital investment and the protection on intellectual property.In the empirical analysis,there are two parts.The case of successful innovative model transition from imitation to independence in the automobile industry in Korea and Japan implicates the feasibility of endogenous mechanisms.And human capital in the two cases are necessary, but property rights protection policy can be dynamic development. Upgrade of innovative model,companies have to maintain a sense of ownership and harbor the courage to leap.The other part is based on regressional analysis using data of China to study the effect of innovation model.The result suggest FDI-represented imitative innovations may crowd out national economic growth and have a negative correlation with growth,while the amount of human capital and innovation significantly promote economic growth.According to the analysis of text, I will put forward the following proposals: First,develop education, cultivate talents,and introduce advanced international talent to escort innovation model upgrade.Second, respect for property rights.Intellectual property protection safeguards the interests of enhancing innovation and enhances the motivation,help to guide enterprises to develop independent innovation model.Third, pay attention to the cultivation and maintenance of the free market. The free market is the arena of independent innovation. Free flow of innovative resources ensure feasibility and sustainability of innovation. Companies can upgrade innovation model based on expected profit, so in order to promote the transition from imitation to independent innovation, to provide free and competitive market environment is more appropriate.