Abstract: Technology market, as an important basis for technology elements circulation, is an important part of China’s modern market system and national innovation system. However, the existing research fails to pay enough attention to the commodity attribute of technology, ignoring the role of business environment ecology in technology market development. To fill this gap, we use qualitative comparative analysis method to explore the impact of complex interaction between the configuration logic of regional business environment ecological system on the development of technology market from the perspective of market design theory. The results show that: (1) The development of technology market needs the interaction and synergy of different business environment elements; (2) Each of the balanced, rule-of-law and efficiency-oriented business environments has its own way to promote the development of regional technology market. Provinces with less balanced business environment elements should first ensure a good humanistic environment and market environment and then selectively focus on either government environment or legal policy environment, instead of juggling both; (3) The same business environment configuration has equal effect on technology output and technology absorption. This study enriches and develops the relevant theories of market design, and provides suggestions for China to promote the development of technology market by optimizing the business environment, which is conducive to China’s active response to technology blockade and establishment of a unified national market.

Key words: business environment configuration, technology market, qualitative comparative analysis