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The Research on International Development Path of China’s Marine Biopharmaceutical Industry

Author

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  • Xiu-Mei Fu

    (College of Economics, Ocean University of China, Qingdao 266100, China
    Key Laboratory of Marine Drugs, The Ministry of Education of China, School of Medicine and Pharmacy, Ocean University of China, Qingdao 266003, China)

  • Shan-Shan Jiang

    (College of Economics, Ocean University of China, Qingdao 266100, China)

  • Na Wang

    (College of Economics, Ocean University of China, Qingdao 266100, China)

  • Shi-Qi Wang

    (College of Economics, Ocean University of China, Qingdao 266100, China)

  • Chang-Yun Wang

    (Key Laboratory of Marine Drugs, The Ministry of Education of China, School of Medicine and Pharmacy, Ocean University of China, Qingdao 266003, China
    Laboratory for Marine Drugs and Bioproducts, Qingdao National Laboratory for Marine Science and Technology, Qingdao 266237, China)

Abstract

Under the backdrop of the Maritime Silk Road Initiative, the study on the international development of China’s marine biopharmaceutical industry based on factor allocation is of great practical significance for industrial sustainability and building the industry into a leading international player in the global market. In this paper, we first identify the leading factors that influence the development of the marine biopharmaceutical industry, namely, resources, technologies, talents, investments and policies. Furthermore, the hierarchical structure model of these factors was established and analyzed using the analytic hierarchy process (AHP). The importance ranking of these constraints was identified, as follows: technologies > talents > resources > policies > investments. Then, based on the theory of comparative advantage and game theory, we analyzed the necessity of China’s marine biopharmaceutical industry going global, that is, international cooperation may lay a solid foundation for the win-win outcome of this industry in countries along the Maritime Silk Road. According to the status quo of China’s marine biopharmaceutical industry, based on these findings, an international factor–allocation cooperation path was designed, and the path chart of the international development of the marine biopharmaceutical industry was drawn. Finally, methods for the development of China’s marine biopharmaceutical industry were proposed, which covers efforts to protect marine resources, promote R&D for core technologies, establish a strong talent pool, encourage more investments, provide policy support and promote worldwide cooperation. It is the first report to investigate the path of the sustainable exploitation of the marine biopharmaceutical industry from the perspective of factor allocation amidst the backdrop of the Maritime Silk Road Initiative.

Suggested Citation

  • Xiu-Mei Fu & Shan-Shan Jiang & Na Wang & Shi-Qi Wang & Chang-Yun Wang, 2018. "The Research on International Development Path of China’s Marine Biopharmaceutical Industry," Sustainability, MDPI, vol. 10(2), pages 1-17, February.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:2:p:399-:d:130169
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    References listed on IDEAS

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    1. Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Finance Working Papers 25355, East Asian Bureau of Economic Research.
    2. Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Development Economics Working Papers 25355, East Asian Bureau of Economic Research.
    3. Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Macroeconomics Working Papers 25355, East Asian Bureau of Economic Research.
    4. Derek P. Tittensor & Camilo Mora & Walter Jetz & Heike K. Lotze & Daniel Ricard & Edward Vanden Berghe & Boris Worm, 2010. "Global patterns and predictors of marine biodiversity across taxa," Nature, Nature, vol. 466(7310), pages 1098-1101, August.
    5. Caizhi Sun & Kunling Zhang & Wei Zou & Bin Li & Xionghe Qin, 2015. "Assessment and Evolution of the Sustainable Development Ability of Human–Ocean Systems in Coastal Regions of China," Sustainability, MDPI, vol. 7(8), pages 1-29, August.
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    Cited by:

    1. Naixia Mou & Caixia Liu & Lingxian Zhang & Xin Fu & Yichun Xie & Yong Li & Peng Peng, 2018. "Spatial Pattern and Regional Relevance Analysis of the Maritime Silk Road Shipping Network," Sustainability, MDPI, vol. 10(4), pages 1-13, March.
    2. Li, Xuemei & Wu, Xinran & Zhao, Yufeng, 2023. "Research and application of multi-variable grey optimization model with interactive effects in marine emerging industries prediction," Technological Forecasting and Social Change, Elsevier, vol. 187(C).

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