Study on the driving mechanism and promotion pathways of the China’s debut economy from the perspective of innovation ecosystem theory

China’s economy has shifted from a stage of high-speed growth to a stage of high-quality development. There is an urgent need to improve the quality and efficiency of development. In particular, it is necessary to rely on scientificand technological innovation to drive industrial innovation and form new economic growth points, china’s debut economy has emerged as the times require. Furthermore, based on the theoretical framework of the innovation ecosystem, we examine the emergence, primary characteristics, and core connotations of the debut economy. The debut economy is driven by innovation, wherein innovative enterprises introduce new technologies, products, and services that stimulate the development of the industrial chain, thereby guiding demand-side dynamics through supply-side initiatives and vice versa. The technological support on the supply side serves as the foundation for the high-quality development of the debut economy, with the innovative enterprises on the organizational side being central to this process. On the demand side, consumers’ aspirations for a better life create and guide market demand,thereby driving the development of the supply side. To promote the high-quality development of the debut economy, it is essential to establish a synergistic development path that organically unifies the supply side, demand side, and organizational side.

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Publication Details

Journal
Zhongguo ruankexue
Published
2025-06-28
DOI
https://doi.org/10.3724/1005-0566.20250609
Primary Topic
Economic and Technological Innovation
Type
article
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article

Study on the driving mechanism and promotion pathways of the China’s debut economy from the perspective of innovation ecosystem theory

Zhang Peng, Xiaohong Li
Zhongguo ruankexue
Economic and Technological Innovation
article

Study on the driving mechanism and promotion pathways of the China’s debut economy from the perspective of innovation ecosystem theory

Zhang Peng, Xiaohong Li
article en

Abstract

China’s economy has shifted from a stage of high-speed growth to a stage of high-quality development. There is an urgent need to improve the quality and efficiency of development. In particular, it is necessary to rely on scientificand technological innovation to drive industrial innovation and form new economic growth points, china’s debut economy has emerged as the times require. Furthermore, based on the theoretical framework of the innovation ecosystem, we examine the emergence, primary characteristics, and core connotations of the debut economy. The debut economy is driven by innovation, wherein innovative enterprises introduce new technologies, products, and services that stimulate the development of the industrial chain, thereby guiding demand-side dynamics through supply-side initiatives and vice versa. The technological support on the supply side serves as the foundation for the high-quality development of the debut economy, with the innovative enterprises on the organizational side being central to this process. On the demand side, consumers’ aspirations for a better life create and guide market demand,thereby driving the development of the supply side. To promote the high-quality development of the debut economy, it is essential to establish a synergistic development path that organically unifies the supply side, demand side, and organizational side.

Zhongguo ruankexueVol. 40(6)
Industry, innovation and infrastructure
Openalex Percentile: Top 73%
Economic and Technological Innovation
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Study on the driving mechanism and promotion pathways of the China’s debut economy from the perspective of innovation ecosystem theory — Zhang Peng, Xiaohong Li · Zhongguo ruankexue (2025) | TGRS Research Map | TGRS