Abstract
As China's economy gradually moves towards a stage of high-quality development, the traditional extensive development model is no longer suitable for this transformation demand, and there is an urgent need to shift towards a more intensive, efficient, and sustainable development mode. Innovation is not only the driving force for high-quality development but also the main means of balancing economic and social development. The development of specialized, refined, and innovative "little giant" enterprises can effectively promote technological self-reliance and support the inherent needs and practical paths for the high-quality development of the Chinese economy. Meanwhile, digital transformation is a necessary path for enterprises to adapt to market changes, improve operational efficiency, and innovate business models. Based on this, this article mainly analyzes the development path and digital transformation path design research of specialized and innovative "little giant" enterprises. After analysis, this article believes that the development of small and medium-sized enterprises can be divided into three stages: growth start-up, specialization and innovation, and the "little giant" stage. The three elements of efficiency change, innovation drive, and value co-creation are coordinated, and digital transformation is promoted in three stages. Suggestions are also made for the development of specialized, refined, and innovative "little giant" enterprises.
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