Study on the relation btween supply of institutional innovation and building an innovative country

Автор(и)

  • Yang Liu College of accounting Harbin University of Commerce, PRC

Ключові слова:

innovative countries, institution innovation, technological innovation, influence model on performance

Анотація

This paper systematically expounds the historical course of development and evolution of institution, demonstrates the strong correlation between institution and formation of innovative countries, and then analyzes the function of institution in these countries through building the influence model of institution innovation on the performance of innovative countries. The theoretical analysis and empirical study prove that institution innovation is the profound guarantee for forming innovative countries. Based on the experience of developed countries’ development for reference, our country should opt for an institution model at lower operation cost, thereby providing a favorable environment to buoy up scientific invention and technological innovation.

Посилання

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