From the perspective of the world economic development trend, since the beginning of the 21st century, global science and technology innovation has entered an unprecedentedly active period. A new round of technological revolution and industrial transformation is reshaping the global innovation landscape and reshaping the global economic structure. Countries are looking for breakthroughs in technological innovation and seize the opportunities for future economic development. The emergence of new technologies has enabled technology-based enterprises to occupy the market in just 5-10 years, and those with low technology content will find it difficult to survive in the market competition.
From the perspective of the law of human industrial development, since the mid-18th century, it has experienced three revolutions in the steam, electrical and information ages. Now, human beings have quietly entered the fourth industrial revolution era represented by artificial intelligence, robotics, Internet of Things, clean energy, quantum information technology, virtual reality and biotechnology. Every industrial revolution is accomplished with the participation of enterprises. Whoever can seize the opportunities and take advantage of the situation will have the opportunity to become the tide of the times. No matter what industry, regardless of the size of the enterprise, the level of science and technology and the ability to innovate are the key to the survival and development of the enterprise, and the core competitiveness of the enterprise.
Innovative SMEs are companies that survive on innovation and achieve sustainable development. Through innovation, we can achieve effective allocation of enterprise resources, form a good governance structure and high-performance operation practices. Innovative SMEs, as the mainstay of innovation, have become an important foundation for national economic growth and regional economic development, resisting economic crises, promoting economic development, increasing export earnings, providing social services, narrowing urban-rural gaps and regional development gaps, and promoting social full employment. In terms of aspect, it plays an increasingly important role. Many of the world's most innovative companies are full of innovative ideas, from far-sighted companies to legendary figures, proving the transformative power of innovative SMEs in the new era.