Science and Technology Innovation Corridors and Regional Entrepreneurial Activities:Spatial Effects and Mechanisms
The establishment of Science and Technology Innovation Corridor is a crucial approach for achieving high-quality regional development in China and an important way to promote regional entrepreneurial activities.Science and Technology Innovation Corridors are inherently place-based policies,intended to concentrate investments and aggregate innovative resources through targeted governmental intervention,with the objective of fostering regional economic development and scientific progress.This policy model endows the innovation corridors with the status of growth poles,enhancing entrepreneurial activity within the corridors and potentially exerting a dual impact on entrepreneurial activities in surrounding areas.However,the question of whether the Science and Technology Innovation Corridors,as growth poles,can drive growth in both local and surrounding areas remains insufficiently studied and confirmed in the fields of economic geography and innovation economics.This study examines the Yangtze River Delta G60 Science and Technology Innovation Corridor and the Guangzhou-Shenzhen-Hong Kong-Macao Science and Technology Innovation Corridor.By matching and integrating of micro-data and urban macro-data of new start-ups in 20 national economic industries from 2005 to 2021 according to city-industry-year sorting,this paper applies the Spatial Durbin Model with Difference-in-Differences(SDM-DID)to systematically evaluate the spatial impacts of Science and Technology Innovation Corridors on urban entrepreneurship and the pathways through which these effects are mediated.The findings are as follows:First,the construction of Science and Technology Innovation Corridors markedly promotes entrepreneurial activities among the cities within the corridors and also stimulates development in adjacent areas.Second,the construction of these corridors augments the innovative capacity-encompassing technological proficiency and expertise-and bolsters resource availability,including capital and fiscal support,for entities and prospective entrepreneurs.This induces a spatially radiating effect,thereby invigorating regional entrepreneurial vigor.Third,the construction of Science and Technology Innovation Corridors positively affects entrepreneurial activities across diverse manufacturing and service sub-sectors.Enhancements in entrepreneurial activities within productive,consumer,and social services sectors are noticeable both within and beyond the corridors.The promotional effect on circulation and information service industries is predominantly evident within corridor cities,whereas the fostering effect on manufacturing entrepreneurship is primarily observed in the adjacent cities.In this paper,the primary innovative aspects are embodied in the following three areas:First,this study systematically assessing the impact and spatial spillover effects of Science and Technology Innovation Corridors on entrepreneurial activities.By leveraging the spatial correlation characteristics of location-oriented policies,this research provides an empirical foundation for comprehending the overarching driving force of Science and Technology Innovation Corridors,thereby broadening the scope of research on the spatial impacts of these policies.Second,by constructing two critical pathways—innovation capability and resource provision—this paper delves into the detailed mechanisms through which Science and Technology Innovation Corridors influence entrepreneurial activities.This analysis offers both theoretical underpinning and practical guidance for the development of Science and Technology Innovation Corridors and the exploitation of their spillover effects.Last,this paper further examines the heterogeneous entrepreneurial impacts of the Science and Technology Innovation Corridors on the manufacturing and service sectors,categorizing the service sector into five distinct categories.It elucidates the notable disparities in entrepreneurial activities across various industries within and outside the corridors,furnishing policymakers with concrete references for optimizing the collaborative development strategies of Science and Technology Innovation Corridors and adjacent regions.
the science and technology innovation corridorplace-based policyentrepreneurial activitiesspatial spilloversdm-did model
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