The Proportion of State-Owned Economy,Knowledge Networks,and the Development of New Regional Industries
As an economically transforming country,state-owned enterprises are an essential part of China's e-conomy and have a significant impact on regional economic development.Taking China's prefecture-level regions as the research object,this study explores the impact of the regional proportion of state-owned economy on the develop-ment of local new industries and identifies the mechanism from the perspective of the centralization of knowledge net-works.The empirical results show that the proportion of state-owned economy has a negative effect on the development of local new industries,and a higher proportion of state-owned economy is not conducive to the development of local new industries.This impact of the proportion of state-owned economy is related to its shaping effect on the knowledge networks.Regions with a higher proportion of state-owned economy tend to form a knowledge network with a higher centralization,which is not conducive to the incubation and development of new industries.To a certain extent,this leads to the negative effect of a higher proportion of state-owned economy restricting the development of new indus-tries.To promote high-quality economic development,further promoting the reform of state-owned enterprises and the adjustment of ownership structure,giving all enterprises equal market status,and stimulating the innovative vitality of enterprises of various ownership are important directions.
state-owned economynew industry developmentknowledge networksnetwork centralization