Abstract
Technological innovation is a synthesis of various elements. Faced with actual challenges concerning technological innovation of private economy, along with the analysis of technological innovation elements, we have carried out empirical study on technological innovation and operated benefit data of 34 scaled private enterprises, validate that the input on researchers, fund investment, output efficiency are all at play when it comes to upgrading private economy. In doing so, we advance intension-oriented development, innovation on financing channels, and industry-University-research institute strategic cooperation.
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