Research on Regional Management and Industry Planning Based on Innovative Elements: A Case Study of Hangzhou Bay Area

Abstract

In the past decade, the economic development surrounding Hangzhou Bay has been in the ascendant, but the economic advantages of the regional growth alliance are not prominent. This paper analyzes the regional management and development mechanism of bay area industry from the perspective of innovation elements. Taking Hangzhou bay area as an example, this paper analyses the innovation foundation and spatial differentiation. The empirical results show that center effect, spillover effect and absorption effect caused the disorder of innovative elements. The integration of innovation elements, opening environment, industrial pattern and spatial structure will be effective ways to improve the regional cooperation.