本文以企业成长资源理论为框架,利用广东省157家上市中小企业的2014年报数据,实证研究了人力资本、公司治理及创新能力与中小企业成长的相关关系。研究发现,除了总资产周转率、总资产增长率、企业规模与中小企业成长性显著正相关外,独立董事比例、企业家社会资本、科研人员比例也是影响中小企业成长的重要因素;而地理区域与中小企业的成长呈现显著负相关关系。 Based on the theory of enterprise growth resources, this paper uses the data of 2014 annual reports of 157 listed SMEs in Guangdong Province to empirically study the relationship between human capital, corporate governance and innovation ability and the growth of SMEs. The study found that in addition to the total asset turnover, the growth rate of total assets, firm size and SME growth was significantly positive correlation, the proportion of independent directors, entrepreneurs, social capital, the proportion of researchers is also an important factor affecting the growth of SMEs; and geographical area Showing a significant negative correlation with the growth of SMEs.