The transformation of private enterprises into butterflies has to go through three hurdles.

Xiong Pitt, the founder of modern growth theory, pointed out that the development and diffusion of new technologies, organizational forms and institutional innovations are the fundamental driving force for economic development, and the “destructive innovation” of entrepreneurs is wealth, prosperity and public welfare. Source. From the perspective of the development of the world economy, the destiny of different countries and regions is to some extent with the trend of technological innovation in human agriculture, navigation, industry, information, etc., and great enterprises and entrepreneurs are this. An important promoter of the process. China's private enterprises have been allowed as an element of the market economy, and the prelude to change has slowly opened. But frankly, although today's policy environment and institutional conditions are not the same as the planned economy era, the unfairness of industry access, the lack of key elements in the institutional soil, and the weakness of core technologies are true for today's private enterprises. It is still Yunling Qinling, and the snow is blue. Policy is the first hurdle. The state has introduced a number of directional support policies. After the "36", there are "new 36". However, in the process of implementation, many policies are not refined and lack of maneuverability, so that the company feels that there is a layer of "glass door". "You can see the light, but you can't cross it: the space for private capital to enter in the fields of finance, energy, electricity, urban public utilities, etc. is still limited; the main fields of communication, broadcasting and Other industries are not allowed to enter private enterprises; aviation, postal, etc. In many areas of the industry, although it is not stipulated that it is not possible to enter, it is necessary to set conditions and raise the threshold for various reasons, which in fact makes private enterprises want to enter and enter. According to the China Reform Assessment Report, there are 72 projects that allow state-owned capital to enter in more than 80 industries, and only 41 allow private capital to enter. The traditional understanding of “public” and “private” by some policy makers is deeply rooted, and some competent agencies have set obstacles for the interests of the departments, which hinder the private economy from obtaining the corresponding resource allocation. Institutional innovation is the second hurdle. Entrepreneurs in the private economy are mostly proud of their past successes and practice "management" in corporate decision-making and daily operations. There is also a set of rules and regulations on the surface, but these clear rules are for people to see, and in fact, they work as unspoken rules that are outside the documents and systems. Whether entrepreneurs can expand from small owners to entrepreneurs to modern entrepreneurs as the scale expands, so that the business activities of the company can be incorporated into the system's procedures, and the rights and responsibilities between the three main bodies of capital, management and labor can be balanced. For most private enterprises, it is a Krafting Canyon. Huawei, which ranks at the top of the top 500, has recently disputed the property rights structure and governance model triggered by the heir problem. It is not a special case; compared with the pressure of external competition, the internal scars are more deadly to enterprises. Technology is the most critical hurdle. At the high end of the global value chain, it is a multinational company with advanced technology, independent innovation capability and market development capabilities. At present, the R&D investment of advanced enterprises in developed countries accounts for 5% of sales revenue, while only a very small number of China's private economy can reach 3%. Among the top 500 private enterprises announced this time, 440 companies have reached the advanced level of technical equipment, of which 183 are at the international advanced level. In terms of core technology, 389 core technologies are known to be at the domestic advanced level. 145 companies are at the international advanced level. If there is no water, this is certainly gratifying, but at the same time, the trend of heavy-duty, the increase of ferrous metal smelting and rolling processing industry, Jiangsu Shagang is even in the second place, it is also worthy of vigilance. If in the fields of energy conservation, environmental protection, new materials, new energy, information technology, biology and high-end equipment, it is impossible to create a wave of "hands-on red flag flag is not wet", relying only on the expansion of traditional industries or even real estate, Yu Guoyu is not Gospel.

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