Regional Science and Innovation Integration and Innovation Network Embeddedness of Private Firms——Take the Construction of G60 Science and Innovation Corridor as the Quasi-Natural Experiment
Taking the construction of G60 Science and Innovation Corridor as a quasi-natural experiment,a multi-period double difference model was constructed using the data of private listed companies in 41 cities in the Yangtze River Delta from 2012—2021 to study the impact of regional science and innovation integration on the embeddedness of private firms in innovation networks and its mechanism.It shows that regional science and innovation integration can promote the structural and relational embedding of private firms within and outside the provincial innovation networks.The mechanism test shows that regional science and innovation integration provides opportunities for private firms to embed in innovation networks by strengthening new infrastructure construction.It motivates private firms to embed in innovation networks by expanding innovation market demand and encouraging innovation market competition.Additionally,it enhances the ability of private firms to embed in innovation networks by refining innovation specialization and optimizing innovation resource allocation.Further research finds that firm cooperation culture and social trust level,firm patent litigation risk and regional knowledge infringement risk have positive and negative moderating effects on the policy effects of regional science and innovation integration,respectively.The findings help private firms understand and grasp the potential value and synergistic opportunities of regional science and innovation integration,and provide theoretical and practical insights into the effective integration and deep embeddedness of private firms in regional innovation networks.
regional science and innovation integrationprivate firminnovation networkG60 Corridor