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Shanghai Innovation System

In: Successful Innovation Systems

Author

Listed:
  • Hui Yan

    (Shanghai University, Management School)

  • Yixi Xue

    (Shanghai University, Management School)

  • Xiong Li

    (Shanghai University, Management School)

  • Ludovit Garzik

    (Austrian Council for Research and Technology Development, Innovationorbit)

Abstract

Shanghai is not just a large city with around 23 million inhabitants; it is also one of the world’s largest trade hubs. As a cultural melting pot, Shanghai is a hot spot of knowledge and technology development. Shanghai’s Yangpu District hosts more than one-third of the colleges and universities. Learn about the core of the strength of this region with its creation of virtuous circles and the flexibility of incubation mechanism. The three main points for Shanghai’s success compared to other innovation regions are discussed as the degree of linkage across systems, the education level of the population, and the degree of spatial integration. In future, especially Yangpu District will be setting up special plans to attract social institutions to participate in investments. It is also supporting university science and technology parks to establish joint guiding funds for project equity investment in order to enhance the parks’ ability to cultivate high-quality early stage projects.

Suggested Citation

  • Hui Yan & Yixi Xue & Xiong Li & Ludovit Garzik, 2022. "Shanghai Innovation System," Future of Business and Finance, in: Ludovit Garzik (ed.), Successful Innovation Systems, edition 1, chapter 12, pages 193-208, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-80639-2_12
    DOI: 10.1007/978-3-030-80639-2_12
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