Connecting emerging industry and regional innovation system: Linkages, effect and paradigm in China.

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Date: Mar. 2022
From: Technovation(Vol. 111)
Publisher: Elsevier Science Publishers
Document Type: Report; Brief article
Length: 405 words

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Abstract :

Keywords Regional innovation system; Emerging industry; Innovation paradigm; Growth Highlights * Mechanisms of linking regional innovation systems (RIS) and emerging industries are theoretically established. * This paper presents empirical evidence on strong linkages between RIS and emerging industries in China. * Industry-specific characteristics are embedded with the effect of RIS on different typical emerging industries in China. * Four innovation paradigms in emerging industries are identified. Abstract An emerging industry refers to an aggregation of sectors and firms that create disruptive technologies and/or huge market potentials. Emerging industries based on technological innovation have increasingly become an important driving force for industrial competitiveness and economic growth. Although regional innovation systems (RISs) boost regional industries, it remains under-investigated whether and how RISs have differential impacts on different industries. Inspired by Pavitt's taxonomy of sectorial innovation, we propose four paradigms of industrial innovation in the context of emerging industries in China. We also empirically explore the effects of RISs on emerging industries, distinguishing the short-term effects from long-term ones. We present two key findings. First, RISs have generally contributed to the growth of emerging industries in China. Second, different components of RISs have varied impacts on different emerging industries. The results provide both theoretical underpinnings and empirical evidence for policy-makers, suggesting that well-designed policies that leverage RIS formation and regional industry specific characteristics are vitally important for development of emerging industries. Our study makes three important contributions. First, it theorizes a conceptual framework on possible mechanism through which RISs promote emerging industries. Second, this study sheds empirical light on both short-term and long-term effects of individual RIS components on seven emerging industries in the Chinese context. Third, the paper proposes four paradigms of industrial innovation in emerging industries under the RIS framework. Author Affiliation: (a) School of Public Policy and Management, Tsinghua University, Beijing, China (b) School of Economics and Management, Beihang University, Beijing, China (c) Beijing Key Laboratory of Emergency Support Simulation Technologies for City Operation, China (d) Business School, Shandong University at Weihai, Shandong, China (e) John and Willie Leone Family Department of Energy and Mineral Engineering and the EMS Energy Institute, Pennsylvania State University, University Park, PA, USA * Corresponding author. School of Economics and Management, Beihang University, Beijing, China. Article History: Received 2 March 2020; Revised 4 August 2021; Accepted 8 September 2021 Byline: Yingbo Li [liyingbo@tsinghua.edu.cn] (a), Yigang Wei [weiyg@buaa.edu.cn] (b,c,*), Yan Li [liyan5@sdu.edu.cn] (d), Zhen Lei [zlei@psu.edu] (e), Alessandra Ceriani [alessandraceriani96@gmail.com] (a)

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Gale Document Number: GALE|A695941159