Academic Journal of Business & Management, 2024, 6(12); doi: 10.25236/AJBM.2024.061215.
Hongtao Du
College of Law and Journalism Spread, Wuhan Donghu University, Wuhan, Hubei, 430061, China
Against the backdrop of the continuous advancement of economic globalization, countries are facing unprecedented pressure to adjust their economic structure, and are striving to gain an advantage in the increasingly fierce international competition by focusing on technological innovation and industrial upgrading as the core driving force. The traditional extensive economic development model that relies on natural resources is no longer suitable for the development requirements of the new era due to its high resource consumption, environmental pollution, and low production efficiency. It urgently needs to shift towards an innovation driven and green development model. Especially in the global market, the economic model that relies solely on resources has exposed its shortcomings in competitiveness, and technological innovation and institutional reform have become key factors in enhancing national competitiveness. This article explores the important role of economic law in guiding and regulating the transformation of economic development mode from the perspective of economic law, emphasizing that economic law is not only a system guarantee for regulating market behavior and maintaining market order, but also plays a key leading role in promoting economic structure optimization and sustainable development. Economic law provides a legal framework for innovation driven economic models, promoting the transformation of enterprises towards green and intelligent directions, and providing solid legal support for high-quality economic development while maintaining fair competition and promoting technological innovation. By systematically analyzing the interactive mechanism between economic law and the transformation of economic development mode, this article aims to provide theoretical basis and practical guidance for building a more efficient and sustainable economic system, and reveal how economic law can help economic transformation and upgrading in the context of globalization, achieving coordinated development between economy and environment.
Economic development mode; Economic law; Natural resources; Innovation driven; sustainable development
Hongtao Du. Research on the Interactive Mechanism between Economic Law and the Transformation of Economic Development Mode under the Background of Economic Globalization. Academic Journal of Business & Management (2024) Vol. 6, Issue 12: 115-120. https://doi.org/10.25236/AJBM.2024.061215.
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