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The Frontiers of Society, Science and Technology, 2023, 5(18); doi: 10.25236/FSST.2023.051806.

A Study on the Impact of the Policy of "Promoting Construction by Promotion" in High-tech Zones on the Innovation of Enterprises in the Guangdong and Guangxi Provinces


Lingyun Song, Ziqian Chen

Corresponding Author:
Lingyun Song

Guangxi Normal University, Guilin, China


As an important institutional framework designed to bolster enterprises' independent innovation capabilities and optimize industrial structures, high-tech industrial development zones hold substantial economic significance. In 2009, a policy was introduced to facilitate the transformation of provincial high-tech industrial development zones into national high-tech industrial development zones. In this study, we treat the 'upgrading to promote construction' policy as a 'quasi-natural experiment' and evaluate its impact on enterprise innovation using data from publicly listed companies between 2009 and 2018 in Guangdong and Guangxi. The findings of this research indicate that the 'upgrading to promote construction' policy has yielded significant and enduring positive effects on enterprise innovation within the two regions. Through an in-depth analysis of the empirical results, we elucidate the innovation incentive generated by the 'promotion for construction' policy in high-tech zones and offer policy recommendations pertaining to high-tech zone development and its potential benefits for enterprise innovation.


High-tech Zone "Promotion for Establishment" Policy; Enterprise Innovation; Guangdong and Guangxi Provinces

Cite This Paper

Lingyun Song, Ziqian Chen. A Study on the Impact of the Policy of "Promoting Construction by Promotion" in High-tech Zones on the Innovation of Enterprises in the Guangdong and Guangxi Provinces. The Frontiers of Society, Science and Technology (2023) Vol. 5, Issue 18: 35-41. https://doi.org/10.25236/FSST.2023.051806.


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