Industries following talent:micro-mechanisms of heterogeneous talent agglomeration affecting regional industrial patterns
The spatial distribution of talent is crucial in shaping the spatial patterns of industries.'Industries following talent'has emerged as a new trend.However,a unified analytical framework for the causal logic between industrial and talent agglomeration is still lacking,and the micro-level mechanisms of their interaction remain theoretically unexplored.This paper extends the footloose entrepre-neur(FE)model in new economic geography by relaxing the strong assumption of simultaneous mobility of talent and firms.It incorpo-rates the driving mechanism of local quality in new spatial economics and the heterogeneity of talent.By establishing a general spatial equilibrium analytical framework,this paper explores the interactions of heterogeneous talent agglomeration and its micro-level mecha-nisms affecting industrial agglomeration.The conclusions are as follows:low-skilled talent is more likely to generate agglomeration in-centives than high-skilled talent and serves as a precursor for initiating and sustaining the agglomeration of manufacturing industries;when trade costs are high,the agglomeration of low-skilled talent exerts a crowding-out effect on high-skilled talent and weakens the in-dustrial agglomeration pattern;conversely,when trade costs are low,low-skilled talent exerts an inducement effect on high-skilled talent and strengthens the industrial agglomeration pattern;due to the differing agglomeration thresholds faced by heterogeneous talent and their interdependent distribution,the economy does not necessarily form symmetric equilibria and core-periphery structures;instead,it may result in interior equilibria characterized by the agglomeration of low-skilled talent and the dispersion of high-skilled talent,and the scattered distribution of industries;the heterogeneity in the type distribution of talent acts as a dispersive force on regional industri-al patterns,while the efficiency heterogeneity of talent acts as an agglomerative force.It is recommended that local governments priori-tize talent first,attract industries through talent,and formulate strategies for talent introduction tailored to local conditions.Additional-ly,they should focus on promoting trade integration to reduce trade costs for enterprises.Furthermore,the government should enhance and improve human capital growth channels for lower-tier talent and ordinary workers.
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