Abstract
Applying the principles of bionics, the authors explored the growth paradigm of innovative SMEs, constructed the high growth mechanism model of innovative SMEs and advanced that the model is made up of the three dimensions of growth capability, survival condition, and growth potential. The result of the empirical test based on 108 listed companies shows that there are significant differences between the growth mechanisms of high growth enterprises and mid and low growth enterprises; the factor level of high growth enterprise is obviously higher than that of mid and low growth enterprises. Survival condition and growth potential have dual effect on the growth of this group of enterprises; technological innovation has direct significant influence on the high growth group; technological innovation and product competitiveness have less obvious effect on the growth of mid and low growth enterprises.
LIANG Yi-Lin,ZHANG Yu-Meng. An Empirical Study of the High Growth Mechanism of Innovative SMEs Based on Bionics—— Evidence from the Listed SMEs in China. Economic Survey, 2011, 28(6): 092.
2011, Vol. 28 
