Incentive Effects Of Policies For Cultivating World-Class Industrial Clusters In Yangtze River Economic Belt

In September 2014,the State Council first proposed to cultivate world-class industrial clusters in the " Guidance on Promoting the Development of Yangtze River Economic Belt by Relying on the Golden Waterway".Then,the National Development and Reform Commission,the Ministry of Science and Technology,and the Ministry of Industry and Information Technology jointly issued the " Yangtze River Economic Belt Innovation-driven Industrial Transformation and Upgrading Program",which clearly proposed to cultivate five key industrial clusters and ten emerging industrial clusters,and adopted fiscal,taxation,specific funds,government procurement,technology platform certification,enterprise qualification,cluster brand declaration and other specific policies to support the region to cultivate world-class industrial clusters through industrial upgrading.Consistent with the central government,the local governments in the Yangtze River Economic Belt have also successively issued a series of supporting policies,after years of development,how effective the cultivation policies have been,and whether they have really stimulated the cluster enterprises and cluster organizations to improve their overall organizational capabilities such as market capabilities and technical capabilities,what are the mechanisms underlying the impact of cultivation policies on the organizational capacity of core cluster firms and the cluster,can it provide ideas for future policy development,these are the questions that need urgent research.Therefore,this paper interpreted various world-class cluster cultivation policies in the Yangtze River Economic Belt through text analysis,analyzed the implementation status of various cultivation policies and the development status of cluster organization capabilities,and constructed fixed effects models to test the incentive effect of the world-class cluster cultivation policies on the organizational capacity of enterprises within the cluster and the overall organizational capacity of the industrial clusters and impact mechanisms.The research results show that:(1)The policies for cultivating world-class industrial clusters in Yangtze River Economic Zone can be mainly divided into material incentive policies and non-material incentive policies,the former including government subsidies,tax incentives,guided investments,financial support,government incentives and government procurement,and the latter including innovation platform certification,regional honorary titles,talent honorary incentives and social organization cultivation.(2)The empirical results at the enterprise level show that government cultivation policies(material incentives and non-material incentive policies)generally promote the improvement of the organizational capacities of enterprises in the Yangtze River Economic Belt;the mediating effect of corporate strategy differences in government cultivation policies and corporate organizational capacity is significant;Supply chain integration degree has a significant mediating effect in government material incentive policies and enterprise organizational capabilities,but not in non-material incentive policies and corporate market capabilities;The empirical tests by regions find that the non-material incentives received by firms in the upstream and midstream areas of the Yangtze River Economic Zone only have a significant contribution to the improvement of firms’ technical capabilities,but have no significant effect on firms’ market capabilities.(3)The empirical results at the cluster level show that the government’s cultivation policies have promoted the improvement of the cluster organization capacity of the Yangtze River Economic Belt;The government’s material incentive policies(government subsidies and tax incentives)and non-material incentive policies improve the market capabilities and technical capabilities of industrial clusters by increasing cluster symbiosis.The empirical tests by regions find that government cultivation policies promote the improvement of cluster organizational capacity in the upstream,midstream,and downstream regions of the Yangtze River Economic Belt.Based on the conclusions,this paper puts forward the following suggestions:(1)For the government,it is necessary to strengthen policy coordination and improve non-material incentive methods to promote the improvement of cluster and enterprise organizational capabilities;(2)For the core enterprises of the cluster,they should rely on government cultivation policies to optimize their corporate strategies,improve the efficiency of supply chain integration,and thus promote the improvement of their organizational capabilities.The core enterprises should also drive the ecological subjects of the cluster to jointly improve the symbiosis of the cluster and build the innovation ecosystem,so as to enhance the world-class capabilities of the cluster.