Evaluation of Policy Implementation to Support Innovation in Industrial Sector: A Case Study of the Textile Industry in Inner Mongolia, China

Siqintana, Oyuntsetseg Luvsandondov, Batkhuyag Ganbaatar, Saiyinjiya and Bolor Khurelchuluun
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Siqintana: University of Finance and Economics, Mongolia.
Oyuntsetseg Luvsandondov: Mongolian University of Science and Technology, Mongolia.
Batkhuyag Ganbaatar: University of Finance and Economics, Mongolia.
Saiyinjiya: Inner Mongolia Medical University, China.
Bolor Khurelchuluun: Zhongnan University of Economics and Law, Wuhan, China.

International Journal of Science and Business, 2023, vol. 29, issue 1, 34-55

Abstract: In the contemporary context, innovation stands as the primary propulsive agent in steering the course of social and economic advancement within any given nation. In accordance with prevailing global trends, nations have attained noteworthy accomplishments through the formulation and execution of innovation policies designed to enhance the progress of their domestic and sector-specific landscapes. The efficacy of any policy hinges upon its formulation with a forward-looking vision, steadfast implementation, and rigorous evaluation of outcomes. Innovation policy, as a pivotal instrument, assumes a guiding role in the advancement of a nation, region, and industry, informed by scientific and technological achievements, knowledge reservoirs, and innovative endeavors. Commencing in the latter part of the 1970s, China embarked upon a trajectory characterized by the implementation of an open economic policy. Within this overarching framework, notable emphasis has been placed on the widespread assimilation of scientific and technological progress, with particular emphasis on the industrial domain. This commitment to fostering technological prowess culminated in the formal adoption of the "Innovation-Oriented Economic Development Strategy" in the year 2006. This milestone document represents the government's inaugural articulation of its primary policy directive pertaining to innovation-driven economic development. The focus of this study centers on the examination of relatively large factories engaged in the production of wool and cashmere products within the textile industry of Inner Mongolia, China. The research encompasses an investigation into the developmental experiences related to innovation within this sector. Furthermore, it includes an analysis of the innovation policy endorsed by the government for this industry, along with an evaluation of its practical implementation.

Keywords: Industrial sector; Innovation; Implementation of innovation; Innovation policy; Textile industry; Production of wool and Cashmere products (search for similar items in EconPapers)
Date: 2023
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