On the innovative spirit of Chinese entrepreneurs

The three trends of economical transformation, eco nomical globalization and high-tech industrialization reveal the importance of innovative spirit of Chinese entrepreneurs. This essay analyzes Schumpeter's inn ovative theory.It reveals that innovation is entrepreneurial spirit, the fosteri ng of which need strengthen the awareness of the market,breed the sense of risk and enhance the concept of transformation.This is a possible way to promote the innovative spirit of Chinese entrepreneurs.