Abstract:Under the background of global economic has a deep adjustment, especially, the Supply-side reform is rising in our nation, deeply explore the path of development which driven by innovation in the Total Factor Productivity(TFP) vision is very valuable. Accordingly, this paper focus on sequential development process of Ningbo, analyzing and inspecting main characterization, typical path and critical impact factors of the process, in order to sum up experience, merits and demerits, also provide local experience and revelation of decision-making for developing TFP in Ningbo. Measuring TFP contribution in economic growth of Ningbo by Solow residual method, through the research, we can find that economic growth of Ningbo is driven by capital and labor elements, while economic development which driven by TFP factors is remain to be improved. Condensing development path of TFP through two aspects--Blood transfusion and Hematopoiesis, which can promote economic growth. The empirical results also show that, human capital and R D investment in Hematopoiesis aspect can promote TFP, and export trade in Blood transfusion aspect has a positive effect to TFP, while the influence of import trade and FDI is negative. Further research shows,the interaction terms between Hematopoiesis aspect metrics and Blood transfusion aspects metrics which affect TFP present complementarity, which means, Hematopoiesis and Blood transfusion should be promoted at the same time for achieving development that driven by innovation. And finally, upgrading TFP contribution rate of the growth of economy comprehensively in the interaction of the two aspects’ promoting.