Abstract:
Using the institutionatic variety theories of new institutional economics, the passage analyses that Chinese socialistic model achieves obvious effect on the innovation in various social fields by leading in market-guiding institutional changing of property-rights institution based on traditional economic institution and lowing down the operating cost so as to decrease the trading cost between individual and organization, and between individuals. Government is the most powerful promoter in this mandatory mechanism transformation, and more exactly this transformation is led by politician's recognition on socialistic ideology. Therefore, the changing of aim decides on the nature of innovation, which is the value leading to mechanism. Historically, the priority of the public is the core value of the goal.