Precision innovation refers to the process that through the interactive innovation in three dimensions of entrepreneurial opportunity, enterprise value, production factors, so as to realize the elements reorganization, enhance the value and market equilibrium. In the dynamic and complex environment, entrepreneurship competition will not be confined to a part of business space, but contest in the multiple dimensions, sustainable competitive advantage is very difficult to maintain. The entrepreneur only in precision innovation constantly explore neglected market value through multilateral cooperation, to develop and to meet a wider range of customer requirements, continued to achieve business value maximization. Innovation involves all aspects of business organization, whether it is accurate and timely determines entrepreneurial organization's position in the industry and the value size of enterprise. Inappropriate innovation not only cannot form the core business ability, but may lose the initiative on the market and the enthusiasm of entrepreneurship within the organization.

　　Entrepreneurs through precise innovation meet customer demand in a certain extent, to allow the market to achieve a balance. It determines what entrepreneurs output, market position and the degree of value realization, solves the problem of entrepreneurial characteristics. But the excellent performance of the precise innovation will attract other entrepreneurs to imitate, customer demand will occur some degree of change with the passage of time, the market equilibrium is broken, new opportunities for a precise innovation to establish a new balance.

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