Simple accumulation or innovation corner, to be determined by examining the performance of hi-tech development zones

Science Research Management ›› 2015, Vol. 36 ›› Issue (9) : 64-71.

Gu Yuanyuan¹, Shen Kunrong²

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Abstract

Based on the data of 52 high-tech development zones from 2001 to 2010, and using the panel data model, this paper examines the innovation performance of high-tech development zones, and compares the performances before and after 2003. Empirical studies show that local government intervention in industrial clusters indeed plays a positive role in innovation when capital investment and market system lack in China in the early period. However, development zones lack clusters mechanisms and spillover effects. Along with the national rectifying and cleaning of the development zones, the mechanism of industrial cluster formed gradually, while the fiscal support of government gradually reduced. The conclusion has important policy implication for improving the innovation performance of development zones.

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high-tech development zone / industrial cluster / innovation performance

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Gu Yuanyuan, Shen Kunrong. Simple accumulation or innovation corner, to be determined by examining the performance of hi-tech development zones[J]. Science Research Management. 2015, 36(9): 64-71

References

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