For some time now, discussions about why many science and technology innovation enterprises have emerged in cities such as Shenzhen and Hangzhou have attracted attention from all parties. Currently, new technologies, new demands, and new business models are constantly emerging. With a sound and developed innovation and entrepreneurship ecosystem, enterprises can quickly mobilize resources and efficiently respond to environmental changes. A friendly innovation and entrepreneurship ecosystem is considered a key factor in inspiring entrepreneurial spirit and high-quality entrepreneurship. Strengthening factor supply, improving industrial systems, optimizing market order, and flexible ecological governance are key contents of building a friendly innovation and entrepreneurship ecosystem. Strengthen the supply of entrepreneurial factors. Enterprises need support from factors such as talent, technology, and funding to carry out innovation and entrepreneurship activities. To attract and gather various outstanding talents, continuously improve the quantity and quality of talents in the ecosystem, provide strong support for the selection and employment of talents for enterprises, and reduce the distress of "difficult to employ" and "difficult to employ" talents for enterprises. We need to create a high-level open innovation system, establish public research and development institutions for key core and cutting-edge technologies, support enterprises to participate in research and innovation projects in key laboratories and innovation consortia, strengthen the supply of high-quality technological resources, and enhance the driving force of enterprise innovation development. To build a multi-level capital market, strengthen patient capital, adapt to the multi-level financing channel needs of different growth stages, industrial structures, and risk characteristics of enterprises, and effectively alleviate the financing pressure of innovation and entrepreneurship. Improve the industrial cooperation system. Improving the developed industrial division of labor and cooperation system can effectively support entrepreneurs to carry out innovation and entrepreneurship activities in specific sub sectors. Otherwise, enterprises need to spend a lot of energy and resources building supply chains, which weakens their confidence and ability in innovation and entrepreneurship. To this end, it is necessary to cultivate and develop characteristic industrial clusters, deepen the division of labor and cooperation in the industrial chain, enhance the potential for industrial innovation and development, and empower enterprises to deeply cultivate specific links in the industrial chain to create distinctive advantages. We need to strengthen the integrated development of large, medium, and small enterprises, cultivate and strengthen "chain owner" enterprises, support the specialized, refined, unique, and innovative development of small and medium-sized enterprises, and form an industrial organizational system that empowers both large and small enterprises, and promotes co creation and sharing. We should accelerate the integration of digital and practical development, actively utilize digital intelligence technology and data elements to reconstruct production, operation, and value creation models, continuously expand industrial boundaries, industrial chains, and market areas, facilitate efficient and low-cost integration of enterprises into domestic and international industrial systems, and improve innovation and entrepreneurship effectiveness. Optimize the market competition order. Fair and orderly market competition helps stimulate the autonomy and enthusiasm of enterprises to engage in innovation and entrepreneurship activities, effectively reducing market transaction costs. Otherwise, it will increase the difficulty and cost of enterprise production and operation activities. Therefore, it is necessary to strictly implement laws and regulations such as the Anti Unfair Competition Law and the Private Economy Promotion Law, encourage and protect enterprises to participate in market competition fairly, prevent and stop unfair competition behavior, and create a good market environment that promotes fair innovation and entrepreneurship. It is necessary to comprehensively rectify the "involution" competition, strengthen the collaborative governance of the government, enterprises, and industry associations, use credit and other means to constrain and stop the "involution" competition subjects, give full play to the supporting and guiding role of quality, standards, and brands, ensure and motivate the high-quality development of enterprises, and enhance the confidence of entrepreneurs to carry out high-level innovation and entrepreneurship activities. To further standardize the development of enterprise cooperation, we should guide enterprises to carry out cooperative investment and business activities in accordance with the principles of fair competition, complementary advantages, and win-win cooperation. Implement flexible ecological governance. The formation and evolution of the innovation and entrepreneurship ecosystem require effective governance by government departments. The continuous emergence of new technologies, industries, formats, and models requires a more open and inclusive innovation and entrepreneurship ecosystem. The public governance of the ecosystem needs to be more flexible, otherwise it will inhibit the formation and development of innovative enterprises. Therefore, it is necessary to focus on the strategic goal of improving the overall efficiency of the ecosystem, guide different entities to fully utilize their respective characteristic functions, and jointly enhance the innovation and entrepreneurship ecological level. To promote inclusive development of the innovation and entrepreneurship ecosystem, tolerant ecological enterprises should develop independently and uniquely according to market mechanisms, reduce standardized management of ecological enterprises based on unified requirements, provide personalized and high-quality services according to the principle of "no disturbance, no response", form an open, inclusive, and efficient innovation and entrepreneurship ecosystem, and empower enterprises to carry out characteristic and high-quality innovation and entrepreneurship activities. (New Society)