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First-mover alliance: mission-oriented innovation policy implementation in Shenzhen’s low-altitude economy

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  • Wangwang Zhou
  • Jian D Zhang

Abstract

This article explores the implementation of mission-oriented innovation policy (MOIP) in China and examines how the vice-provincial Shenzhen delivers the novel low-altitude economy effectively. From the lens of the Chinese political economy, it highlights a first-mover alliance in which the local state works as a facilitator while leading private firms perform as consultants for integrating the government resources and industrial knowledge. This synergy forms a broader public–private partnership where high government commitment is an essential political foundation. With empirical studies of Shenzhen’s SF Express, Meituan and Heli-Eastern in developing urban air mobility, this research demonstrates how first-mover alliances implemented MOIP.

Suggested Citation

  • Wangwang Zhou & Jian D Zhang, 2025. "First-mover alliance: mission-oriented innovation policy implementation in Shenzhen’s low-altitude economy," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 18(3), pages 647-662.
  • Handle: RePEc:oup:cjrecs:v:18:y:2025:i:3:p:647-662.
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    File URL: http://hdl.handle.net/10.1093/cjres/rsaf014
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