Research on the Coordinated Development Mechanism Between Industrial Policy and Technological Innovation: A Case Study of Xiangjiang New Area, Hunan

Research on the Coordinated Development Mechanism Between Industrial Policy and Technological Innovation: A Case Study of Xiangjiang New Area, Hunan

Authors

  • Yan Chen Hunan University Science and Technology City Doctor-Technology Co., Ltd., Changsha 410000, China
  • Xiaoxiao Gao Hunan University Science and Technology City Doctor-Technology Co., Ltd., Changsha 410000, China
  • Xia Wu Hunan University Science and Technology City Doctor-Technology Co., Ltd., Changsha 410000, China
  • Yatian Zeng Hunan University Science and Technology City Doctor-Technology Co., Ltd., Changsha 410000, China
  • Yifan Lin Hunan University Science and Technology City Doctor-Technology Co., Ltd., Changsha 410000, China

DOI:

https://doi.org/10.53469/wjimt.2025.08(10).02

Keywords:

Industrial Policy, Technological Innovation, Coordination Mechanism, Xiangjiang New Area, Regional Innovation

Abstract

In the context of the accelerating global technological revolution and industrial transformation, the coordinated development of technological innovation and industrial policies has become a key factor in regional high-quality development. This paper takes the Xiangjiang New Area as an example to explore the interactive mechanisms between industrial policies and technological innovation, and constructs a dynamic analysis framework of “policy supply-innovation-driven-industrial upgrading-response dptimization”. The study shows that Xiangjiang New Area has achieved significant results in policy system construction and innovation capacity enhancement, but still needs optimization in terms of policy coordination, precision, and dynamism. Drawing on the experiences of other new areas, it is proposed that optimization should be advanced from aspects such as policy coordination, technology finance, innovation platforms, talent mechanisms, and institutional guarantees, in order to build an efficient “policy-innovation-industry” coordination mechanism to promote the high-quality development of regional economies.

References

Yuan B. & Zhang Y. (2020). Flexible environmental policy, technological innovation and sustainable development of China’s industry: The moderating effect of environment regulatory enforcement. Journal of Cleaner Production, 243, 118543.

Wang J., Ma X., Zhao Y., Zhao J. & Heydari M. (2022). Impact of scientific and technological innovation policies on innovation efficiency of high-technology industrial parks - A dual analysis with linear regression and QCA. International Journal of Innovation Studies, 6(3), 169-182.

Johnstone P., Rogge K. S., Kivimaa P., Fratini C. F. & Primmer E. (2021). Exploring the re-emergence of industrial policy: Perceptions regarding low-carbon energy transitions in Germany. Energy Research & Social Science, 74, 101889.

Hassel A., Naczyk M. & Wiß, T. (2019). The political economy of pension financialisation: public policy responses to the crisis. Journal of European Public Policy, 26(4), 483-500.

Zhao M., Xiao X., Yang J. & Chen H. (2024). Do regional tax incentive policies improve productivity? Plos One, 19(8): e0307561.

Bezemer D., Ryan-Collins J., Lerven F. V. & Zhang L. (2023). Credit policy and the ‘debt shift’ in advanced economies, Socio-Economic Review, 21(1), 437-478.

Lu D. (2001). Industrial policy and resource allocation: implications on China's participation in globalization. China Economic Review, 11(4), 342-360.

Tang Y., Hu X., Petti C. & Thürer M. (2020). Institution-driven innovation in Guangdong firms: Moderating effects of in-house formal R&D and industrial environment turbulence. Science and Public Policy, 47(2), 194-206.

Uyarra E., Zabala-Iturriagagoitia J. M., Flanagan K. & Magro E. (2020). Public procurement, innovation and industrial policy: Rationales, roles, capabilities and implementation. Research Policy, 49(1), 103844.

Damayati A., Nuryakin C., Yudhistira M.H., et al. (2024). Industrial location policy, exporting activity, and firms’ collusive behavior: scrutinizing the unintended effect of industrial location policy in Indonesia. Journal of Industrial and Business Economics, 51, 815-858.

Zhong M., Lu Q. & He R. (2022). The heterogeneous effects of industrial policy on technological innovation: Evidence from China’s new metal material industry and micro-data. Resources Policy, 79, 103107.

Yang H. & Umair M. (2024). Polluting industries: Does green industrial policy encourage green innovation? Chinese perspective evidence. Heliyon, 10(17), e36634.

Herman K. S., Hall J. K., Sovacool B. K. & Iskandarova M. The industrial decarbonization paradigm: Carbon lock-in or path renewal in the United Kingdom? Ecological Economics, 235, 108628.

Sharif N. & Huang Y. (2019). Achieving Industrial Upgrading Through Automation in Dongguan, China. Science, Technology and Society, 24(2), 237-253.

Zheng L., Abbasi K. R., Salem S., et al. (2022). How technological innovation and institutional quality affect sectoral energy consumption in Pakistan? Fresh policy insights from novel econometric approach. Technological Forecasting and Social Change, 183, 121900.

Ghazinoory S., Nasri S., Afshari-Mofrad M. & Moghadam N. T. (2023). National Innovation Biome (NIB): A novel conceptualization for innovation development at the national level. Technological Forecasting and Social Change, 196, 122834.

Chen X., Maddi A. & Wang Y. (2025). How China Governs Open Science: Policies, Priorities, and Structural Imbalances. Publications, 13(3), 30.

Cai Y., Li L., Elahi E. & Qiu Y. (2018). Selection of Policies on Typhoon and Rainstorm Disasters in China: A Content Analysis Perspective. Sustainability, 10(2), 387.

Shen C., Yang Z. & Zhan J. (2025). Analysis of China’s marine economic policy: Regional policy characteristics, evolution and assessment. Frontiers in Marine Science, 12.

Ninni A., Lv P., Spigarelli F., et al. (2020). How home and host country industrial policies affect investment location choice? The case of Chinese investments in the EU solar and wind industries. Journal of Industrial and Business Economics, 47, 531-557.

Meckling J. (2021). Making Industrial Policy Work for Decarbonization. Global Environmental Politics, 21(4), 134-147.

Pan J., Wang G. & Lu X. (2022). “Break the four only” and “establish new standards” based on five value orientations. Chinese Science Bulletin, 67(3), 236-241.

Miao W., Zang H., Liu Q., et al. (2025). From chaos to symbiosis: Exploring adaptive co-evolution strategies for generative AI and research integrity systems. BMC Med Ethics, 26, 120.

Wang B. & Xing Q. (2022). Evaluation of the Wind Power Industry Policy in China (2010-2021): A Quantitative Analysis Based on the PMC Index Model. Energies, 15(21), 8176.

Jing R., Xu Y. & Liu R. (2025). Data element, big data and enterprise innovation: Evidence from data trading platforms and national big data comprehensive pilot zones. International Review of Financial Analysis, 105, 104426.

Downloads

Published

2025-10-30

Issue

Section

Articles
Loading...