Study on the Innovation of SMEs under Financial Crisis

Economic growth in developed countries has entered the innovation-driven stage. China is in transition period from the elements-driven, investment-driven to innovation-driven. Enterprises have paid more and more attention to innovation. It described the existing theoretical results of the growth of small and medium-sized enterprisers in this paper, and it studied the theory as well as growth models of small and medium-sized enterprisers' growth. Based on the study, it analyzed the impact factors to China's innovative small and medium-sized enterprises' growth, including the inherent environmental quality and external environmental factors. It can provide a theoretical reference and support for further research on the small and medium-sized enterprisers' growth.