Research on the Technological SME's Growth Path Based on the Life Cycle Theory

摘要

The technological SME's inherent high-tech, high innovation, high investment, high yield and high-risk characteristics determines its low probability of success, they have their own growth paths. Based on the life-cycle of enterprise to create knowledge-based enterprises, the problems of entreprenenrship, growth, maturity and transformation were studied by innovative theory and enterprise growth theory. Demonstrated the technological SME's growth path should create the stand basic point by innovation and integrate innovation resources to construct the core competence first, then enlarge the enterprise scale based on knowledge stock and have a knowledge transformation for the future. The concrete growth modle in every stage was put forward. Pioneering period is mainly the stage of market application; Growth stage is mainly the stage of knowledge acquisition and Integration of knowledge; Maturity period is mainly the balance stage of knowledge and enterprise scale expansion; Metamorphosis stage is mainly the stage of enterprise knowledge transformation.