The Convergence Management of Strategic Emerging Industries: Sustainable Design Analysis for Facilitating the Improvement of Innovation Networks

Xue Wang, Baizhou Li and Shi Yin
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Xue Wang: School of Economics and Management, Harbin Engineering University, Harbin 150001, China
Baizhou Li: School of Economics and Management, Harbin Engineering University, Harbin 150001, China
Shi Yin: School of Economics and Management, Harbin Engineering University, Harbin 150001, China

Sustainability, 2020, vol. 12, issue 3, 1-21

Abstract: The overall high-end of strategic emerging industries can be effectively promoted by strengthening the inter-industry innovation linkage effect. This paper constructs a strategic emerging industry innovation network based on industry correlation. This paper studies the development trend of the whole network structure and individual network characteristics and analyzes the influence of network structure characteristics on the attribute performance of each industry. The research results are as follows: (i) The innovation network as a whole was in a slight decline trend of low density during the sample investigation period, and the correlation level had great room for improvement. (ii) The high-end equipment manufacturing industry, the new materials industry, and the new-generation information technology industry occupy the center of the network, but their spillover effect on other industries is poor, and some industries even get more innovation benefits. (iii) The innovation network of China’s strategic emerging industries has the characteristics of cross-industry clustering, and the linkage effect between plates is insufficient, showing the characteristics of the “reflexivity” aggregation subgroup. (iv) The unreasonable connection mode of strategic emerging industries’ innovation network leads to the improvement of the centrality degree, which is not conducive to the innovation output of the industry. However, innovation output can be positively affected, to a certain extent, by improving the betweenness and closeness of the industries in the network.

Keywords: strategic emerging industries; innovation networks; social network analysis; industry association; industry distance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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