Intelligent simulation of enterprise re-innovation support system based on system dynamics

Technology innovation failure exists objectively. How to provide support for failed enterprises and improve their willingness to re-innovate has become a hot issue in the field of innovation management. To build a re-innovation support system for enterprises with failed innovation from the perspective of institutional environment, the system model of the re-innovation support system of the enterprises with failed innovation was established through the system dynamics method, the system boundary was defined, the causal relationship and the system flow graph of the model were analyzed, and the operation effect of the support system model was intelligent simulated by using Vensim software. The results show that institutional support can effectively reduce the number of enterprises with failed innovation, increase the number of re-innovation enterprises, and further improve the enterprise income and government revenue, thus verifying the effectiveness of the re-innovation support system of enterprises with failed innovation.