Abstract: Entrepreneurship is an important engine to promote innovation and economic growth. This paper, starting from the market consequences of entrepreneurship and innovation activities, focuses on the impact of entrepreneurial entrepreneurship on business innovation and its differences under the ownership of heterogeneous enterprise level. Based on the dynamic panel data response model of provincial industrial enterprises in 2009-2013, we find that the entrepreneurial level can significantly promote enterprise innovation and the positive influences of enterprise innovation lag and the cumulative effects were very significant; compared with foreign enterprises, domestic entrepreneurs' influence on enterprise innovation in new products is low; in both phases of innovation inputs and innovation outputs, there are positive competition effects in inter-enterprise product innovation; foreign investment enterprises and Taiwan funded enterprises have a strong spillover effect of innovation, while innovation spillover effect in China mainly depends on foreign enterprises. The main cause that leads to a low innovation spillover effect in domestic enterprises and state-owned enterprises is that they focus too much on the behavior of foreign enterprises.

Key words: entrepreneurship, business Innovation, competition effect