| Project Title: | Study on the Sustainable Development of Scientific and Technological Private Enterprises in China–Taking Beijing Timeloit Technology Co., LTD., as an example |
| Author: | Mr. Zhang Chong |
| Advisor: | Dr. Zhang Li |
| Degree: | Master of Business Administration |
| Major: | International Business Management |
| Faculty: | Graduate Schools |
| Academic year: | 2022 |
| Url:
Published: |
Proceedings The 14th National and International Academic Conference “Empowering Innovtion and Sustainability in the Next Normal” 27 November 2021 |
Citation
Zhang, Chong. (2022). Study on the sustainable development of scientific and technological private enterprises in China–Taking Beijing Timeloit Technology Co., LTD., as an example. (Master’s independent study). Bangkok: Siam University.
Abstract
China’s economic development has gradually lost its advantages of demographic dividend and cheap labor, and China’s economic development in the
future can only rely on scientific and technological innovation and technological progress. Huawei, DJI, Tencent, Alibaba, and other top technology enterprises in China are all private enterprises, which is enough to prove the key role and important position of private enterprises in China’s economic and technological innovation and technological progress, and private enterprises have become the main force of China’s scientific and technological innovation and technological progress.
The objectives of this study were 1) To analyze the capital demand, financing channels, and strategies of sci-tech private enterprises; and 2) To explore and enhance the innovation ability of science-based private enterprises; and 3) To analyze the competitive strategy, market positioning and strategy adjustment methods of sci-tech private enterprises.
This paper takes Beijing Timeloit Technology Co., Ltd. as an example. Through literature review, it found that 1) the company needs to develop continuously, it must strive to improve its financing ability and adhere to a marketoriented and flexible product strategy; 2) The company should improve its product quality and service quality, and to cultivate the core competitiveness of products in order to enhance the innovation ability of science-based private enterprises; and 3) the company need to enhance its own development potential, improve its product competitiveness, and enhance the corporate credit.
Keywords: private enterprise, Porter’s competitive theory, sustainable development, second startup.
Study on the Sustainable Development of Scientific and Technological Private Enterprises in China–Taking Beijing Timeloit Technology Co., LTD., as an example
Master of Business Administration (International Program), Siam University, Bangkok, Thailand