How does high-tech entrepreneurship affect incumbent firm innovation in regional innovation ecosystems?
High-tech entrepreneurship plays a central role in shaping regional innovation ecosystems, yet the mechanisms through which it affects innovation in incumbent firms remain underexplored. Using firm-level data from the Zhongguancun Science Park (2005–2015), this study investigates the impact of high-tech entrepreneurship on incumbent firms’ innovation. The results reveal that high-tech entrepreneurship significantly enhances innovation among incumbent firms, primarily through R&D investment and human capital. Moreover, this effect is stronger in the electronic information industry and during the development stage. Overall, the study highlights the role of high-tech entrepreneurship in driving the evolution of regional innovation ecosystems.
Authors
- Fan Chen (ORCID: https://orcid.org/0009-0008-3766-8246)
- Wenna Wang
- Zhen Yang
- Beibei Hu
Institutions
- Ningbo University (CN)
- Chinese Academy of Social Sciences (CN)
- Chinese Academy of Sciences (CN)
- Institutes of Science and Development (CN)
- Institute of Industrial Economics (CN)
- Northwest A&F University (CN)
Publication Details
- Journal
- Humanities and Social Sciences Communications
- Published
- 2026-02-12
- DOI
- https://doi.org/10.1057/s41599-026-06666-6
- Primary Topic
- Entrepreneurship Studies and Influences
- Type
- article
- Field-Weighted Citation Impact
- 0.00