Studies On The Shaping And Cultivation Of Strategical Emerging Industry

The progress of productivity and technology has always been accompanied bythe development of industries, with the replacement of the old by the new. Vital to theeconomic development, emerging industries of strategic importance would invariablyarise at different periods of human history, reshaping industry structures and bringingabout revolutionary changes to our social life and economy as a whole. Thus, theestablishing and fostering of such emerging industries are significant issues affectingthe level of productivity, technological innovation and social progress. The globalfinancial crisis of2008has brought serious impact to world economy, leading toseismic shifts in its economic structure. However, crises can also hasten the birth of anew technological revolution, which in turn will speed up the emergence of newstrategic industries.Countries around the globe have taken effective measures tocounteract the social and economic impact of the financial crisis. They have turnedtheir attention to industries characterized by low energy consumption, less pollution,new sources of energy and materials, bio-engineering, and information technology tostimulate the economy and gain a favorable standing in international competition.They have invested more in technological innovation, accelerated the overall planningof industries, and fostering of strategic emerging industries so as to forge newcompetitive edge.Since reform and opening up, our economy and people’s living standards havewitnessed tremendous progress. Meanwhile, as the industrialization forges ahead, theexpansion of our economy is increasingly restrained by lack of resources,deteriorating environment, low level of technology, insufficient talents andinstitutional flaws. The surging growth has put the balanced and coordinateddevelopment of our economic and industry structure on trial. However, we shall besoberly aware of potential social problems increasingly being felt, as well as the factthat China still ranks low in international division of labor.The international financialcrisis in2008has brought serious impact to China’s economy, leading to visible slow down in economic growth. The short-term difficulties and the long-term challengescompound on each other. The task of changing the mode of development andadjustment of economic structure becomes more and more formidable, the restrict ofresources and environment is becoming more outstanding, the pressure ofinternational economy and science and technology competition is more fierce.Through fostering strategic emerging industries, we can make full use of the guidingrole of science and technology, form new pot of economic growth on a higher startingpoint, and improve quality of economic growth and optimize our returns. We shouldseize the chance of international industry adjustment and optimization of productionfactor to accelerate the forming of new competitive edge in international economiccooperation and competition. It is conducive to attract and integrate innovativeresources so as to enhance development.Studies on emerging industries of strategic importance (EISI) should start with athorough understanding of its definition, and its distinctive features. Only then can wefurther analyze the motivating factors and shaping roadmap of such industries andpropose concrete evaluation methods. Emerging industries of strategic industries areclosely related to comprehensive national strength, economic competitiveness,scientific and technological strength and national security. We should take intoaccount of the future trend of global technology, international industry competence,and economic security issues concerning national resource support, when we chosethe most competitive industries as our priorities. In the meantime, we should alsoraise feasible and operational fostering plans based on our own conditions and theexperience of foreign countries. In addition, collaborative development of strategicemerging industries and traditional ones should be assured, so as to give play toindustrial cluster effect.The first chapter is an introduction, covering topic background, researchsignificance, literature review, research methods, major innovation and structuralarrangements. The second chapter is the literature review on the strategic emergingindustry. The contents include the carding and comment on the classic and maturetheories on industrial structure, industrial choice and of strategic emerging industry,mostly based on the Marxist economics. It also brings in the mainstream western economics as supplement. The chapter grasps the development vein of each theoryclearly and provides the basis for the future understanding of the formation, evolutionand development mechanism about the strategic emerging industry. The third chapteris the analysis of connotation and characteristic of strategic emerging industry. In thischapter, it defines the connotation of the strategic industry, emerging industry and thestrategic emerging industry in system through the carding and analysis on the existingdomestic and international literature review and put forward the strategic emergingindustry should be equipped with advanced technology and potential market,the twomajor premise. And it has the three roles such as guiding, industry substitution andgenerating economic benefits, with high added value, fast growth, high rate of returnand high strategic position. Its trend of development is dominating pillar industry. Andthe key contents of the chapter clarify the relationship and the dynamic evolutionprocess between the strategic emerging industry and other industries. The forth part ison formation mechanism of strategic industries. This chapter focuses on the formationcauses and forming path of the strategic emerging industries, and on the basis topropose the two large boosting powers in the formation of strategic emergingindustries. This paper holds that strategic emerging industries is the internalrequirement of the productive forces and production relations and the result ofproductive forces and the relations of contradictory movement promoted. The formingpath of strategic emerging industries need supports of the market mechanism and thegovernment coordinates, and they have different roles to play in different stages.Demand and innovation pull, the two driving forces, have facilitated the formingprocess of strategic emerging industries. The fifth chapter is on evaluation andoptimization of strategic emerging industries. This chapter analyses strategicemerging industries on the basis of theoretical basis of screening mechanism. It fullyintegrates the feature of strategic emerging industries and are based on two premisesand three major function, proposed the screening criteria of strategic emergingindustries, structural evaluation index system and use tools of linear algebra toestablish hierarchy analysis model. The sixth chapter is about international experienceand enlightenment of strategic emerging industries. This chapter focuses onpromotion of strategic emerging industries by the United States, European Union, Japan, South Korea, Brazil, and India. This practice has played a vital role inaccelerating the development of strategic emerging industries. It also providesnecessary policy support for them to command high ground in technology andindustry development. We can learn a lot from their experience. The seventh chapteris about the present situation and the problem of strategic emerging industries inChina. This chapter objectively describes the main content, areas and developmenttendency of strategic emerging industries. It makes an in-depth analysis on favorableconditions for industry development, while revealing major problems in currentdevelopment of strategic emerging industries. The eighth chapter is on the fosteringmechanism of strategic emerging industries. This chapter proposes the main path infostering strategic emerging industries after proposing guiding ideology, strategicobjectives, strategy-driven and strategic measures in fostering strategic emergingindustries. Putting forward by implementing strategic new industry and thetraditional industry in coordination, fusion, interactive development of industry cluster,give full play to the role of the radiation of the common strategic new industry fosterpath.The ninth chapter is a summary. This chapter mainly makes brief summary onthe main conclusion and puts forward some problems that need further effort.This paper’s innovative features include:Firstly, the paper furthers its basictheoretical research in emerging strategic industries. Current researches of theseindustries mainly focus on applications rather than in-depth theoretical research. Thepaper strives to analysis the essential characteristics of these industries in a systematicmanner, so as to put forward a specific analytical framework and perfect the basictheoretical research. Secondly, the paper explains the formation of emerging strategicindustries with the Marxist economics method. Today, most scholars prefer to analyzethe formation of emerging strategic industries from the perspective of Westerneconomics and industrial economics. This paper attempts to set aside the principle ofsupply and demand theory and industrial differentiation of evolution, and use Marxisteconomic theory to analyze the formation of strategic emerging industries motivationin the essential level of productive forces and production relations. Thirdly, this papercreates a scientific and rational evaluation system and optimization methods. As theshortage of the establishment of the evaluation index system of emerging strategic industries and optimization methods, the paper intends to create a standardized,operable evaluation index system and the specific optimization method, and it willprovide an important tool for a national and regional strategic emerging industry.Finally, it puts forward effective path to nurture the development of strategicemerging industries. The paper tries to get rid of the existing research model and toguide the pattern of regional strategic development of new industries throughborrowing the national economy the dominant sector in nurturing way directly. Itemphasis on the particularity of the emerging strategic industries greatly, to considerthe main features of the strategic emerging industries, use the way of selection andtraditional industries to achieve the collaborative and play the important role ofindustrial clusters to foster strategic emerging industries, the rapid and healthydevelopment of the emerging strategic industries is available.