Research on the Upgrading of Industrial Structure in Developing Countries

This article primarily explores how developing countries can achieve the dual economic development goals of fairness and efficiency through the upgrading of industrial structure in the context of globalization. The upgrading of industrial structure is key to enhancing competitiveness and promoting sustainable development. The article reviews the concept, theories, and current research status of industrial structure upgrading both domestically and internationally. By comparing and analyzing successful and unsuccessful cases, it reveals the general patterns and characteristics. The article mainly discusses the balance strategies and efficiency challenges in the process of industrial structure upgrading, proposing strategies such as strengthening technological innovation, optimizing resource allocation, promoting industrial chain collaboration, and enhancing international cooperation. These suggestions aim to help developing countries plan their upgrading paths scientifically, overcome obstacles, and seize opportunities. The upgrading of industrial structure is crucial for the sustainable economic development of developing countries, and it points out future research directions to deepen research in this field and provide more theoretical and practical guidance for developing countries.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2024-12-24
DOI
https://doi.org/10.54097/sjdgse54
Primary Topic
Economic Zones and Regional Development
Type
article
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article

Research on the Upgrading of Industrial Structure in Developing Countries

Yuan‐Hai Shao
Highlights in Business Economics and Management
Economic Zones and Regional Development
article

Research on the Upgrading of Industrial Structure in Developing Countries

Yuan‐Hai Shao
article en

Abstract

This article primarily explores how developing countries can achieve the dual economic development goals of fairness and efficiency through the upgrading of industrial structure in the context of globalization. The upgrading of industrial structure is key to enhancing competitiveness and promoting sustainable development. The article reviews the concept, theories, and current research status of industrial structure upgrading both domestically and internationally. By comparing and analyzing successful and unsuccessful cases, it reveals the general patterns and characteristics. The article mainly discusses the balance strategies and efficiency challenges in the process of industrial structure upgrading, proposing strategies such as strengthening technological innovation, optimizing resource allocation, promoting industrial chain collaboration, and enhancing international cooperation. These suggestions aim to help developing countries plan their upgrading paths scientifically, overcome obstacles, and seize opportunities. The upgrading of industrial structure is crucial for the sustainable economic development of developing countries, and it points out future research directions to deepen research in this field and provide more theoretical and practical guidance for developing countries.

Highlights in Business Economics and ManagementVol. 45
Hainan University (CN)
Partnerships for the goals
Openalex Percentile: Top 56%
Economic Zones and Regional Development
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Research on the Upgrading of Industrial Structure in Developing Countries — Yuan‐Hai Shao · Highlights in Business Economics and Management (2024) | TGRS Research Map | TGRS