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The factors driving industrial integration: A fuzzy set qualitative comparative analysis
1Business School, Shaoguan University, Shaoguan, Guangdong, 512005, China.
Heliyon
|September 10, 2024
Summary
Industrial integration in the Greater Bay Area is driven by multiple factors, not just economic efficiency, technological innovation, or policy. Regional paths to coupling coordination vary, requiring tailored strategies for effective development.
Area of Science:
- Industrial economics
- Regional development studies
- Innovation policy
Background:
- The integration of modern service and advanced manufacturing industries is crucial for high-quality economic development.
- This integration is a key focus for policymakers and academic researchers.
- Understanding the drivers and pathways of industrial convergence is essential for regional competitiveness.
Purpose of the Study:
- To analyze the configuration of factors influencing the coupling coordination between modern service and advanced manufacturing industries.
- To explore the diverse pathways of industrial integration development in the Guangdong-Hong Kong-Macao Greater Bay Area.
- To provide a theoretical foundation for decision-making in industrial integration.
Main Methods:
- Fuzzy-set qualitative comparative analysis (fsQCA) applied to data from 11 regions in the Greater Bay Area (2021).
- Configuration perspective to examine the interplay of multiple causal conditions.
- Analysis of factors including economic efficiency, technological innovation, and policy environment.
Main Results:
- Economic efficiency, technological innovation, and policy environment are not necessary conditions for industrial integration.
- A multi-restructuring path, driven by the combined impacts of these factors, facilitates industrial integration.
- Regional variations in economic development and resource endowments lead to diverse integration pathways.
Conclusions:
- Regions must coordinate economic efficiency, technological innovation, and policy environment based on unique conditions and endowments.
- Strengthening inter-regional exchanges, cooperation, and integration mechanisms is vital.
- Implementing complementary and distinctive development strategies in core cities will foster synergistic growth.
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