| Peer-Reviewed

Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities

Published in Economics (Volume 12, Issue 2)
Received: 4 May 2023     Accepted: 23 May 2023     Published: 29 May 2023
Views:       Downloads:
Abstract

A national e-commerce demonstration city is a city with a relatively popular application of e-commerce and a high annual e-commerce transaction volume, with the aim of reducing energy consumption and developing a green economy. It is an attempt by China to actively explore a unique modernization path with Chinese characteristics. We believe that in the new era, the transformation of urban e-commerce can increase innovation vitality, create more opportunities for people to achieve prosperity, and become an important new practical approach to promote common prosperity. Based on the policy experiment of national e-commerce demonstration city pilot construction as the main entry point of the project, this paper explores the process and development facts of China's innovation policy pilot construction, combines theoretical and empirical analysis, and uses multidimensional data and multiple econometrics methods to analyze and evaluate the innovation vitality of urban e-commerce transformation region influenced by mechanism and policy. Our research finds that the transformation of urban e-commerce plays a crucial role in activating urban innovation vitality and enhancing the market drivers of innovation vitality. We must unwaveringly consolidate and develop the public sector of the economy and expand financing and market access mechanisms, which will help to enhance innovation vitality and gradually improve the ability of market participants to achieve prosperity, thus facilitating the exploration and realization of the road to common prosperity.

Published in Economics (Volume 12, Issue 2)
DOI 10.11648/j.eco.20231202.12
Page(s) 44-52
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

National E-commerce Demonstration City, Electronic Commerce, Policy Pilot, Innovation Vitality

References
[1] Chen Shuaiyu. (2021). Risk Assessment and Control of Venture capital Enterprises. Science and Technology Information (35), 143-145.
[2] Chen Linlin, Lu Chongyang & Han Zhihong. (2021). The Impact of Economic policy Uncertainty on Self-employment. Time Finance (23), 34-36.
[3] Deng Lingbin & Dongfang. (2006). Research on the cost and strategy of information resource acquisition. Information Science (12), 1828-1831+1840.
[4] Feldman Maryann P. (2001). The Entrepreneurial Event Revisited: Firm Formation in a Regional Context. Industrial and Corporate Change (4).
[5] Guo Siwei, Zhang Mingang, Wang Qing & Zhu Xianqiang. (2018). The "New Engine of Foreign Trade" under the New Normal: the development of cross-border e-commerce and the transformation and upgrading of traditional foreign trade. The Economist (08), 42-49.
[6] Han Ruidong & Bo Fan. (2019). Study on the influence of Pilot Free trade Zones on capital flow -- Based on the perspective of quasi-natural experiment. International Studies in Finance (07), 36-45.
[7] Ju Xuenan, Zhao Xuankai & Sun Baowen. (2020). What trade costs have been overcome by cross-border e-commerce platforms? -- Empirical evidence from "Dunhuang network" data. Economic Research (02), 181-196.
[8] Liu Naiquan, Deng Min & Cao Xiguang. (2021). Does urban E-commerce promote green and high-quality development? -- A quasi-natural experiment based on the construction of national e-commerce demonstration cities. Study of finance and economics (04), 49-63.
[9] Li Caipeng. (2021). Research on Rural economic development promoted by peasants returning to their hometowns to start businesses under the background of domestic great cycle. Agricultural Economics (11), 100-101.
[10] Lei Ting & Peng Tao. (2020). The impact of Venture Capital participation in corporate governance on the investment efficiency of listed enterprises. Contemporary Economics (10), 70-74.
[11] Lv Xinfu. (2021). Research on innovative ways of operation mode of e-commerce websites for small and medium-sized enterprises. China merchants (22), 37, 39,
[12] Liu Yi, Ren Yawen, Ma Li & Wang Yun. (2022). Progress, problems and strategic thinking on the innovative development of the Guangdong-Hong Kong-Macao Greater Bay Area. Progress in Geography (09), 1555-1565.
[13] Li Zheng & Yang Siying. (2019). Can innovative City Pilot Improve the level of urban innovation? Economic Trends (08), 70-85.
[14] Li Z C. (2019). Multiple logic of policy pilot promotion: Based on the analysis of China's smart city pilot. Journal of Public Administration (03), 145-156+175.
[15] Li Yao, Liu Jing & Zhang Yuqi. (2021). Construction and Empirical Analysis of Supply and demand Matching Model of College students' entrepreneurship Policy. Trade Show Economics (12), 102-105.
[16] Li Liying & Du Zhuo. (2021). Research on Online Employment and Entrepreneurship Policies for College Students. Heilongjiang Human Resources and Social Security (09), 138-140.
[17] Li Guanghui. (2017). The status quo and rules of China's Free Trade Zone. Northeast Asian economic studies (02), 19 to 31.
[18] Ma Tian & Li Junhai. (2021). Research on the "TCM +" model of college students' entrepreneurship. Chinese market (24), 5-6.
[19] Meng Longcai & Shi Rong. (2022). SWOT Analysis on the development of cross-border e-commerce industry in China. China market (01), 6-8.
[20] Mazongguo & Zhang Hui. (2019). Strategic thinking on promoting high-quality development of National Independent Innovation Demonstration Zones. Macroeconomic Management (07), 47-54.
[21] Song Xiaohua, Han Jialing, Pan Jixuan, Kou Yingfang, Liu Hong & Wang Jing. (2021). Research on information acquisition mechanism based on the integration of industry and finance. Accounting communication (16), 102-105.
[22] Solang Baizong. (2021). Research on the path to improve the effect of Entrepreneurship Policy -- from the perspective of Policy Feedback Theory. Investment and Entrepreneurship (24), 43-46.
[23] Wang Baoqian & Luo Weifeng. (2018). Innovation Performance Evaluation of National Innovation-oriented Cities: A Case study of Yangtze River Delta. Urban problems (01), 34-40.
[24] Wang Shuang. (2017). Evolution trajectory and prospect of national Independent Innovation Demonstration zones. Reform (05), 82-94.
[25] Wu Yipin & Lu Jian. (2018). Research on the Difference of Policy Pilot Results: Based on the empirical analysis of the Central Push pilot from 2000 to 2012. Journal of Public Administration (01), 58-70+156.
[26] Wu Yilin & Huang Zheng. (2018). Empirical Research on Entrepreneurship Policy based on Propensity score Matching Method: A Case study of fiscal and tax policy Evaluation. Macroeconomic Research (09), 123-138+175.
[27] Xiong Xi&Wei Xiao (2016). Evaluation of Innovation Capability of National Independent Innovation Demonstration Zones - Taking 10 National Independent Innovation Demonstration Zones in China as Examples Economic Geography (01), 33-38.
[28] Ye Wenping, Yang Xueru & Zhu Cioran. (2018). Does entrepreneurial activity affect well-being? A comparative study of cultural and institutional environment. Nankai Management Review (04), 4-14.
[29] Zhao Tao, Zhang Zhi & Liang Shangkun. (2020). Digital economy, entrepreneurial activity and high-quality development: Empirical evidence from Chinese cities. Management World (10), 65-76.
[30] Zhuang Delin, Wang Pengpeng, Xu Jilan & Zhang Di. (2020). Spatial Structure Evolution of urban network of venture capital in China: Based on the analysis of four investment stages. Geography science (08), 1256-1265.
[31] Zhao Chunying. (2021). Risk Analysis and Management Strategy Research of Venture capital. Investment and Entrepreneurship (12), 37-39.
[32] Zhou Yinggang, Meng Lina & Lin Xueping. (2020). Urban Inclusiveness and Entrepreneurial Choice of Labor Force: Based on the micro perspective of Floating population. Finance and Trade Economics (01), 129-144. (in Chinese).
[33] Zeng Yiwu, Guo Hongdong & Jin Songqing. (2018). Is E-commerce beneficial to farmers' income? -- Evidence from Shuyang, Jiangsu Province. Chinese Rural Economy (02), 49-64.
[34] Zhou Yixiang. (2022). Model Construction and evaluation of the effect of entrepreneurial policies on new ventures: supply-demand matching and perceived value perspective. Science Research Management (02), 18-26.
[35] Zhang Jinping, Liu Tingting, and Meng Yanfeng (2022). Text analysis and optimization suggestions for the policy system of introducing overseas talents and entrepreneurship in Shanxi Province Journal of Central North University (Social Sciences Edition) (02), 111-116.
[36] Zhang Longpeng, Zhong Yilin & Tang Zhiwei. (2020). The Impact of smart city Construction on urban innovation capacity: A quasi-natural experiment based on China's smart city pilot. Soft Science (01), 83-89.
[37] Zhan Yong & Li Shan. (2022). Smart City Construction, entrepreneurial vitality and high-quality economic development: An analysis from the perspective of green Total Factor Productivity. Study of finance and economics (01), 4 to 18.
Cite This Article
  • APA Style

    Lin Chongyu, Li Dong, Guo Xin. (2023). Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities. Economics, 12(2), 44-52. https://doi.org/10.11648/j.eco.20231202.12

    Copy | Download

    ACS Style

    Lin Chongyu; Li Dong; Guo Xin. Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities. Economics. 2023, 12(2), 44-52. doi: 10.11648/j.eco.20231202.12

    Copy | Download

    AMA Style

    Lin Chongyu, Li Dong, Guo Xin. Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities. Economics. 2023;12(2):44-52. doi: 10.11648/j.eco.20231202.12

    Copy | Download

  • @article{10.11648/j.eco.20231202.12,
      author = {Lin Chongyu and Li Dong and Guo Xin},
      title = {Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities},
      journal = {Economics},
      volume = {12},
      number = {2},
      pages = {44-52},
      doi = {10.11648/j.eco.20231202.12},
      url = {https://doi.org/10.11648/j.eco.20231202.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20231202.12},
      abstract = {A national e-commerce demonstration city is a city with a relatively popular application of e-commerce and a high annual e-commerce transaction volume, with the aim of reducing energy consumption and developing a green economy. It is an attempt by China to actively explore a unique modernization path with Chinese characteristics. We believe that in the new era, the transformation of urban e-commerce can increase innovation vitality, create more opportunities for people to achieve prosperity, and become an important new practical approach to promote common prosperity. Based on the policy experiment of national e-commerce demonstration city pilot construction as the main entry point of the project, this paper explores the process and development facts of China's innovation policy pilot construction, combines theoretical and empirical analysis, and uses multidimensional data and multiple econometrics methods to analyze and evaluate the innovation vitality of urban e-commerce transformation region influenced by mechanism and policy. Our research finds that the transformation of urban e-commerce plays a crucial role in activating urban innovation vitality and enhancing the market drivers of innovation vitality. We must unwaveringly consolidate and develop the public sector of the economy and expand financing and market access mechanisms, which will help to enhance innovation vitality and gradually improve the ability of market participants to achieve prosperity, thus facilitating the exploration and realization of the road to common prosperity.},
     year = {2023}
    }
    

    Copy | Download

  • TY  - JOUR
    T1  - Pilot Policies and Innovation Vitality: Empirical Evidence from China's National E-commerce Demonstration Cities
    AU  - Lin Chongyu
    AU  - Li Dong
    AU  - Guo Xin
    Y1  - 2023/05/29
    PY  - 2023
    N1  - https://doi.org/10.11648/j.eco.20231202.12
    DO  - 10.11648/j.eco.20231202.12
    T2  - Economics
    JF  - Economics
    JO  - Economics
    SP  - 44
    EP  - 52
    PB  - Science Publishing Group
    SN  - 2376-6603
    UR  - https://doi.org/10.11648/j.eco.20231202.12
    AB  - A national e-commerce demonstration city is a city with a relatively popular application of e-commerce and a high annual e-commerce transaction volume, with the aim of reducing energy consumption and developing a green economy. It is an attempt by China to actively explore a unique modernization path with Chinese characteristics. We believe that in the new era, the transformation of urban e-commerce can increase innovation vitality, create more opportunities for people to achieve prosperity, and become an important new practical approach to promote common prosperity. Based on the policy experiment of national e-commerce demonstration city pilot construction as the main entry point of the project, this paper explores the process and development facts of China's innovation policy pilot construction, combines theoretical and empirical analysis, and uses multidimensional data and multiple econometrics methods to analyze and evaluate the innovation vitality of urban e-commerce transformation region influenced by mechanism and policy. Our research finds that the transformation of urban e-commerce plays a crucial role in activating urban innovation vitality and enhancing the market drivers of innovation vitality. We must unwaveringly consolidate and develop the public sector of the economy and expand financing and market access mechanisms, which will help to enhance innovation vitality and gradually improve the ability of market participants to achieve prosperity, thus facilitating the exploration and realization of the road to common prosperity.
    VL  - 12
    IS  - 2
    ER  - 

    Copy | Download

Author Information
  • School of Customs and Public Administration, Shanghai Customs College, Shanghai, China

  • School of Customs and Public Administration, Shanghai Customs College, Shanghai, China

  • School of Business Administration and Customs Affairs, Shanghai Customs College, Shanghai, China

  • Sections