Mechanism Underlying the Formation of Virtual Agglomeration of Creative Industries: Theoretical Analysis and Empirical Research
Xu Chen,
Chunhong Liu,
Changchun Gao and
Yao Jiang
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Xu Chen: Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, China
Chunhong Liu: Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, China
Changchun Gao: Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, China
Yao Jiang: School of Management, Shanghai University of Engineering Science, Shanghai 201620, China
Sustainability, 2021, vol. 13, issue 4, 1-21
Abstract:
Industrial agglomeration serves as an effective model for developing the creative economy and manifests itself as the interdependence of creative subjects in geographical space. The traditional methods of resource agglomeration have undergone tremendous changes due to the development of digital technology. These transformations have given birth to a new organizational form of the virtual agglomeration of creative industries. The present work uses field interviews and grounded theoretical research methods to construct a theoretical model of this new organizational phenomenon. Questionnaire surveys and empirical testing using structural equation models are here combined to systematically analyze the formation mechanism of the virtual agglomeration of creative industries. The results show that digital technology, virtual platforms, digital creative talents, digitization of cultural resources, and government policies have driven the formation of the virtual agglomeration of creative industries. This has been achieved through network collaboration, freedom of participation, and trust guarantee mechanisms. The effect of emerging consumer demand on the virtual agglomeration of creative industries is not significant. In addition, the implications of this research are also considered and discussed.
Keywords: virtual agglomeration; creative industries; influencing factors; driving mechanisms (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:4:p:1637-:d:492716
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