The Influence of Technological Innovation Level on High-Tech Industrial Agglomeration: The Chinese Experience

Wenxin, Wan (2023) The Influence of Technological Innovation Level on High-Tech Industrial Agglomeration: The Chinese Experience. Asian Journal of Economics, Business and Accounting, 23 (18). pp. 160-167. ISSN 2456-639X

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Abstract

The report of the 20th National Congress of the Communist Party of China clearly points out that we must accelerate the implementation of the innovation-driven development strategy, and technological innovation has become a sustainable internal driving force to maintain China's economic development. Industrial agglomeration is the inevitable outcome of China's rapid economic development, which is not only a necessary process of rapid economic development, but also an inevitable result of China's economic development and adjustment. Raising the level of high-tech industrial agglomeration is conducive to the development of high-quality economy in China. This paper selects provincial panel data from 2003 to 2016 to study the relationship between technological innovation level and high-tech industry agglomeration. The results show that: (1) Technological innovation can promote the agglomeration of high-tech industries. (2) There is significant regional heterogeneity in the promoting effect of technological innovation on high-tech industrial agglomeration, and the promoting effect of technological innovation on high-tech industrial agglomeration in eastern China is greater than that in central and western China. And put forward relevant policy suggestions.

Item Type: Article
Subjects: Euro Archives > Social Sciences and Humanities
Depositing User: Managing Editor
Date Deposited: 06 Oct 2023 09:13
Last Modified: 06 Oct 2023 09:13
URI: http://publish7promo.com/id/eprint/3315

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