supported by the National Natural Science Foundation of China(NSFC)under the following projects:“Towards High-Quality Technological Innovation in Chinese Cities:Measurement,Mechanism,and Effects”(Grant No.72073093);“Implementation Effects and Micro-Mechanisms of China’s Industrial Policy:A Study of the Steel Industry from the Perspective of Implementation Mechanisms”(Grant No.72373160);“Research on Capital Circles and Enterprise Innovation Quality:Mechanisms and Economic Effects”(Grant No.71872150).
The world today is undergoing disruptive,transformative shifts driven by a new wave of technological revolutions and industrial changes.In this context,a central question for China’s innovation-driven development str...
supported by the National Social Science Fund of China(NSSFC)project“Research on the Market Mechanism and Policy Pathway for Technological Breakthrough under the New Whole-Nation System”(Grant No.21&ZD122).
As stated in the Report to the 20th National Congress of the Communist Party of China(CPC),innovation remains at the heart of China’s modernization drive,and it is vital to optimize the allocation of innovation resou...
supported by the Major Project of the Beijing Social Science Fund“Research on Constructing a New Development Pattern and the Coordinated Development of the Beijing-Tianjin-Hebei Region”(20ZDA31).
Using data from the 11th to 14th Five-Year Plan periods(2006-2025),this study applies a Difference-in-Differences(DID)approach to assess the impact of industrial policy withdrawal.Industries that have faced policy wit...
supported by the following projects:The Youth Project of the National Natural Science Foundation of China(NSFC)“Research on Chinese Multinational Companies’Componovation under Resource Constraint:From a Dynamic Circulation Logic of Home and Host Countries”(Grant No.72102030);The Research Project of Humanities and Social Sciences of the Ministry of Education“Research on Chinese Multinational Companies’Learning by Doing Mechanism under Resource Constraint”(Grant No.21C10173022);The General Project of the China Postdoctoral Science Foundation“Research on the Realization Path and Motivations for the Domestic Replacement of Core Technologies for Chinese Manufacturing Enterprises”(Grant No.2022M720975).
Hidden champions play a critical role in China’s efforts to overcome technological and industrial“chokepoints”.These enterprises are pivotal for breaking free from Western technological embargoes,avoiding entrapmen...
Mandate-based and market-based mechanisms represent two primary approaches to achieving policy objectives,yet the debate over their relative effectiveness remains unresolved.The mandate-based approach is exemplified b...
Economies that have effectively escaped the“middle-income trap”demonstrate common traits in their industrial restructuring as they progressed to high-income status.These include a relatively stable share of an econ...