A General Study On Hi-Tech Industrial Cluster

In the light of the definition and theory of the hi-tech industrial cluster as well as the knowledge of China's hi-tech industrial development zone, the essay focuses on the theory and application of hi-tech industrial cluster. The subject matter is studied by means of the methodology of the criterion and demonstration. Taking the experiences of the foreign hi-tech parks for reference, the essay first analyses the inherent law of the hi-tech industrial cluster, and then provides theoretical support and operating modes for the improvement of China's hi-tech industrial development zones and its regional economy. In addition to enriching the studies of this issue, the essay also intends to open a new dimension in the related research, thus to arouse more attention, to strengthen the referent studies in the academic circles of China.The essay points out that against the background of economic globalization and knowledge economy, competitions between countries and between regions are becoming more and more intense. The degree of competency depends mainly on the innovation. Industrial cluster, especially hi-tech industrial cluster, has become an important factor to improve industrial competency and form regional competitive advantage as well. Industrial cluster is a common characteristic of international competitive advantageous industries. In the wave of economic globalization, innovation and competitive advantage have become increasingly centralized in geographical locations. The phenomenon of hi-tech industrial cluster is more popular. The hi-tech parks that are now overwhelming in the world, such as the Silicon Valley, Boston 128 Highway in America and Cambridge in Britain, etc. areall practical applications of the theory of industrial agglomeration. Hi-tech industrial cluster has special requests which are different from those of the traditional industries when selecting its geographical location. Good regional innovative environment is just like a type of climate or soil, which will accelerate the development of hi-tech industries, spur the regional economic growth and social progress simultaneously. Hi-tech industrial cluster requires appropriate institutional arrangement. The successful experiences of foreign hi-tech parks show that universities and scientific research institutions are the intelligence source and motive force that make the sustainable development of hi-tech parks possible. Hi-tech talents and venture capitals are the key factors that stimulate the development of hi-tech parks. Innovative culture is the economic marrow that incubates the hi-tech parks. Policy and legal system, together with the incentive mechanism are the effective guarantee of the development of hi-tech parks.Based on this understanding, the essay goes further to analyze the current situation and major problems in China's new and high-tech industrial zones. It also puts forward suggestions on how to set up new and high- tech industrial zones in terms of distribution, development mode, institutional arrangement and innovative culture.