Research on the Impact of Institutional Construction on Innovation and Competitiveness of Technology-Based Small and Medium-Sized Enterprises

The aim of this study is to investigate the impact of institutional development on innovation and competitiveness in
technology-based small and medium-sized enterprises (SMEs). Through a comprehensive analysis of literature, case studies, and quantitative research, we delve into the positive effects of institutional development on fostering innovation culture, providing resource support, standardizing innovation processes, and managing risks. Additionally, our findings highlight the critical role of institutional development in enhancing market competitiveness through its influence on brand image, production efficiency, market responsiveness, and market positioning. However, it is worth noting that different types and  sizes of enterprises may encounter varying challenges in institutional development, and external environmental factors may play a moderating role in this regard.