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Innovation cooperative mechanism

According to the endogenous economic growth theory, technological innovation is the source of economic growth . It is a kind of activity with risks, the investment behavior on technological innovation enhances the risks . With the business expansion in each of the construction company, the technological innovation mode is different as well. The innovation focus of construction companies may different because of the business scale. But for the construction engineering, infrastructure construction, the enterprise pays more attention on the elements of innovation, production technology and equipment. But for the innovation on products and equipment, it is better to implement the technical innovation with market and cost oriented.

 

 

 

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