The Theory of Life Cycle and the Growth of Innovative Enterprises——By Shenyang Machine as an Example
Published 2011 · Liang Zhan-fang
Technoeconomics & Management Research
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Abstract
According to the data of Shenyang Machine Tool Group Co.,Ltd.,the growth process can be divided into three parts.Based on that,the paper analyzes the growth track deeply through introducing relative hazard rate and relative acceleration and using the relevant data from 1996 to 2009.It shows that the stage of highly-growing is superexponential.Then the paper compares the strategy goals,characters,innovation emphases and mode of different stages.At last,the paper summaries the essential rule of innovative enterprise's growth : innovative activities run through the whole process of the growth.Innovation emphases and mode are consistent with each stage's manufacturing property,technology property and strategy goals.Quick response is the key ability of innovative enterprise.