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2022

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06

The Transformation and Reconstruction of Enterprise Innovation Paradigm under the Common Prosperity Strategy


Abstract:The strategy of common prosperity is a major strategic continuation after the completion of a well-off society in an all-round way during the 14th Five-Year Plan period, and it is a strategic choice to move towards a modern socialist power. The strategy of common prosperity is deeply nested in the national innovation system, which has a significant impact on the micro-enterprise innovation strategy orientation and the choice of innovation paradigm. The value dimension of common prosperity strategy can be systematically understood from strategic objectives, strategic participants, strategic processes, and strategic implementation initiatives and mechanisms. Based on the conduction framework of "environment-strategy-behavior" to realize the conduction of common prosperity strategy to enterprise innovation strategy orientation and innovation behavior, under the background of common prosperity strategy, the logical starting point of enterprise innovation gradually turns to post-Schumpeterism, this is reflected in the transformation from individual entrepreneur-driven innovation to community user innovation, the transformation of the dominant mission of enterprise innovation from economic mission-oriented to hybrid mission-oriented, the transformation of the logic of inter-enterprise innovation competition from competitive logic to value co-creation and symbiosis logic, and the gradual transformation of the platform innovation ecosystem dominated by digital platforms from platform "winner-takes-all" logic to "shared empowerment" logic. Furthermore, the enterprise innovation paradigm under the post-Schumpeterism needs to move from the entrepreneurial entrepreneurship driven by market logic to the entrepreneurial spirit of common benefit at the level of entrepreneurship; the strategic mission level of organizational innovation needs to move from the economic mission to the comprehensive value creation mission; the organizational carrier level needs to move from a purely commercial organization to a hybrid organization and at the level of the enterprise innovation policy environment needs to move from a strong incentive orientation of innovation capabilities to an inclusive policy support of innovation sharing, deepening the transformation of the enterprise innovation paradigm under the common prosperity needs to build a post-Schumpeterian innovation policy incentive system based on the "government-society-enterprise" triple subject, a social growth platform for the emergence of entrepreneurship, and a sustainable value co-creation and sharing business ecosystem for enterprises.

 

Key words:common prosperity; enterprise innovation; Schumpeter; post-Schumpeterism; innovation paradigm; reconstruction

 

Abstract: The strategy of common prosperity is not only a major strategic continuation after building a well-off society in an all-round way during the 14th Five Year Plan period, but also a strategic choice towards a powerful socialist modern country. The strategy of common prosperity is deeply nested in the national innovation system, which has a significant impact on the orientation of micro enterprise innovation strategy and the choice of innovation paradigm. The value dimension of common prosperity strategy can be systematically understood from strategic objectives, strategic participants, strategic process and strategic realization measures and mechanisms,There are three main research lines in general. The first research line is to interpret the theoretical logic of common prosperity and the evolution and value connotation of the thought of common prosperity, including the theory of common prosperity of Marx and Engels and the thought and strategic evolution of the Communist Party of China. Scholars interpret the connotation of common prosperity mainly from the perspectives of productivity and production relations, distribution system, human development and economic and social development. The second kind of research focuses on the realization mechanism of common prosperity, including the promotion mechanism of common prosperity under the relationship between government and market; The promotion mechanism of common prosperity from the perspective of development strategies in different regions(underdeveloped and developed regions, rural and urban regions); The common prosperity promotion mechanism from the perspective of income distribution and the common prosperity promotion mechanism from the perspective of enterprise participation. The third kind of research focuses on the value effect of common prosperity, including the spillover effect of common prosperity on economic, social and environmental development. Unfortunately, the existing research lacks the theoretical framework of innovation driven economic development,social transformation and environmental sustainability, especially the systematic research framework of studying the realization of common prosperity strategy from the perspective of micro enterprise innovation.Based on the transmission framework of "environment strategy behavior", this paper holds that the realization of common prosperity strategy must transmit the orientation of enterprise innovation strategy and innovation behavior, and in the context of the strategy of common prosperity, the logical starting point of enterprise innovation has gradually shifted to post-Schumpeterism, which is reflected in the shift from individual entrepreneur driven innovation to community user innovation, the leading mission of enterprise innovation from economic mission to hybrid mission, the logic of innovation competition among enterprises from competition and cooperation logic to value co creation symbiosis logic, the platform innovation ecosystem led by digital platform has gradually changed from the "winner take all" logic of the platform to the "sharing and enabling" logic. Further, to move towards the enterprise innovation paradigm under post-Schumpeterism, we need to move from market logic driven entrepreneurship to mutual benefit entrepreneurship at the level of entrepreneurship. At the level of organizational innovation strategic mission, enterprises need to move from economic mission to comprehensive value creation mission. At the organizational carrier level, organizations need to move from pure commercial organizations to hybrid organizations. At the level of enterprise innovation policy environment, the government policy orientation needs to move from the strong incentive orientation of innovation ability to the inclusive policy support of innovation sharing. In the future, to deepen and promote the transformation of enterprise innovation paradigm under common prosperity, we need to build a post Schumpeterian innovation policy incentive system, a social growth platform for the emergence of entrepreneurship and a sustainable value co creation and sharing business ecosystem based on the triple subject of "government-society-enterprise".

 

Key words: common prosperity;enterprise innovation;Schumpeter; post-Schumpeterism; innovation paradigm; restructure

 

Author: Chen Jin, Zhang Yueyao, Yang Zhen

Author: School of Economics and Management, Tsinghua University

Technology Innovation Research Center of Tsinghua University

The full text has been published in Science and Science and Technology Management, Issue 2, 2022.

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