A Theoretical Study on the Technology Introduction, Digestion, Absorption, and Re-innovation of Machinery Equipment Industry

The way of technology introduction, digestion, absorption, and re-innovation is a shortcut for late developing countries and regions to make a technological progress and promote the innovation ability. Based on the dynamic technology evolution, this paper puts forward the matching contradiction and crack path in the process of the technology introduction, digestion, absorption, and re-innovation. Besides, through the empirical study on the machinery equipment industry in Fujian, it proposes a strategic guidance to the transformation and upgradation of machinery and equipment industry in Fujian Province.