Author(s)

Dong Yang

Corresponding Author

Dong Yang

ABSTRACT

Small and micro businesses are the backbone of China's national economic development, the mainstay of innovation and entrepreneurship practice and an important support force for China's social economy. With the slogan of "mass entrepreneurship and innovation", China has launched a wave of innovation and entrepreneurship. The innovation and entrepreneurship of small and medium-sized enterprises are faced with great opportunities, but at present, small and micro enterprises in China still face challenges such as high threshold of entrepreneurship, lack of financing channels and shortage of talents, which have greatly influenced the development of small and micro enterprises in China. So, this paper has important practical significance for the innovation and entrepreneurship development of small and micro enterprises. This paper analyzes the current situation of innovation and entrepreneurship development of small and micro enterprises in China, and then analyzes the problems and solutions to provide a new way for the development of small and micro businesses in China.

KEYWORDS

Small and micro enterprises, innovation and entrepreneurship, the path