关键词: 认知, 资源配置, 创新投资, 制度环境, Cognition, Resource Allocation, Investment for Innovation, Institutional Environment

Abstract: By discussing the differences in long-term resource allocation among firms in developing countries, this research aims to disclose the conditions for the emergence and development of innovative firms. Cognition and resource allocation are taken as core objects to study. The propensities of long-term decision-making in different firms are compared by exploring the cognitive backgrounds of their decision-makers and the evolutions of institutions that they are circumstanced. A primary discussion about the Chinese innovative firms is conducted through a case study of representative firms in the car and telecom-equipment industries.