CAJ | 학술논문

基于市场风险可承受能力，本文提出了市场创新发展模型和监管约束条件下的创新三因素模型，以此分析新兴市场创新发展路径选择问题。研究表明，对发达市场已有产品的简单模仿抄袭并不能保证创新的成功，只有通过区分投资者群体，提高投资者风险承受能力，采用渐进式发展道路，才能保证新兴市场的创新业务成功推出。
기우시장풍험가승수능력，본문제출료시장창신발전모형화감관약속조건하적창신삼인소모형，이차분석신흥시장창신발전로경선택문제。연구표명，대발체시장이유산품적간단모방초습병불능보증창신적성공，지유통과구분투자자군체，제고투자자풍험승수능력，채용점진식발전도로，재능보증신흥시장적창신업무성공추출。
Based on market risk capacity, this article brings forward a market innovation model and an innovation trifactors model restricted under regulation, which are taken advantage to analyze how emerging markets select the development path for their innovation. It is the study results that emerging markets cannot guarantee the innovation success only by simple copying the products of developed markets. It is the only way for emerging market＇ s success to innovation that we distinguish investor colonies, improve their risk endure capacity and adopt gradual development path.