China makes it clear that it should vigorously implement the innovation-driven development strategy, especially pointing out that enterprises are the main body of scientific and technological innovation, and small and medium-sized enterprises are the basic force to promote employment, improve people's livelihood, stabilize society, develop economy and promote innovation, and are the foundation and essential link of the country's overall industrial structure. This article first sorts out the

more »

... ted concepts, then summarizes the research situation of the development of technology-based SMEs, and lays the foundation for the formation of the questionnaire; finally, constructs a structural equation to test the external environment and internal factors of the technology-based SMEs in M City, China the influence of factors on its development status; empirical results show that both the external environment and internal factors of the company will have a positive impact on the development status of the company, at the same time, it also proposes ways to improve the external environment and enhance the internal factors.