Analysis on Innovative Factors of Influencing Medium and Small Sized Enterprises for Mining Equipment Manufactures

Abstract

Xiamen Chenggong Ltd is took as case study of small and medium mining equipment enterprises, and technology and economic are considered appreciable influential factors for enterprise to optimize innovation path. Environment and management have less impact. Other factors in order of importance as follows: industry policy, market competition, natural environment, investment in research and development, marketing mode, financial environment etc. The ability to integrate resources, process innovation and marketing model are the advantages innovation capability of sample enterprises. The innovation mode will encounter a problem of lack of competitiveness in technology, patent and marketing mode during its further development. The relevant adjustment on research and development, human resource mechanism and enterprise architecture is necessary to improve technology and patent. The strategy change from resources integration to resources integration and core technology research and development is an important model to expand innovation path for small and medium mining equipment enterprises.