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National Independent Innovation Demonstration Zones Policy and the Cultivation of Corporate New Quality Productive Forces: A Micro-analysis of Policy Empowerment, Mechanism Paths, and Heterogeneous Differences
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Haichuan Hu1, 2, Yilin Liu1, Lili Feng1
Journal of Technology Economics | 2025, 44(11) : 94 - 109
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Journal of Technology Economics | 2025, 44(11): 94-109
• Enterprise Technology Economics •
National Independent Innovation Demonstration Zones Policy and the Cultivation of Corporate New Quality Productive Forces: A Micro-analysis of Policy Empowerment, Mechanism Paths, and Heterogeneous Differences
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Haichuan Hu1, 2, Yilin Liu1, Lili Feng1
Affiliations
  • 1.School of Management, Hebei GEO University, Shijiazhuang 050031, China
  • 2.Regional Institutions Research Center, Hebei GEO University, Shijiazhuang 050031, China
Published: 2025-11-25 doi: 10.12404/j.issn.1002-980X.24082613
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Within the context of the new development pattern, it is examined whether innovation-driven policies, represented by National Independent Innovation Demonstration Zones (NIIDZs), can effectively function as "testing grounds" for innovation-driven development and thereby facilitate the cultivation and enhancement of corporate new quality productive forces. Based on panel data from Shanghai and Shenzhen A-share listed companies in China between 2011 and 2022, the internal causal relationship between NIIDZ policies and corporate new quality productive forces was explored. It is found that the establishment of NIIDZs significantly promotes the development of corporate new quality productive forces, a conclusion that remains robust after a series of tests. Further mechanism analysis indicates that the establishment of NIIDZs empowers the cultivation of corporate new quality productive forces by advancing corporate digital transformation and enhancing the level of substantive innovation. Heterogeneity analysis reveals that the positive effect of NIIDZ establishment varies significantly across enterprises with different ownership structures, technological attributes, scales, factor intensities, and regional strategies. The findings are helpful for deepening the understanding of innovation-driven policies and corporate new quality productive forces, and provide effective empirical evidence for fostering new quality productive forces in Chinese enterprises.

new quality productive forces  /  National Independent Innovation Demonstration Zones (NIIDZs)  /  digital transformation  /  corporate innovation capability  /  quasi-natural experiment
胡海川, 刘依琳, 冯丽丽. 国家自主创新示范区政策与企业新质生产力培育——政策赋能、机制路径与异质性差异的微观解释. 技术经济, 2025 , 44 (11) : 94 -109 . DOI: 10.12404/j.issn.1002-980X.24082613
Haichuan Hu, Yilin Liu, Lili Feng. National Independent Innovation Demonstration Zones Policy and the Cultivation of Corporate New Quality Productive Forces: A Micro-analysis of Policy Empowerment, Mechanism Paths, and Heterogeneous Differences[J]. Journal of Technology Economics, 2025 , 44 (11) : 94 -109 . DOI: 10.12404/j.issn.1002-980X.24082613
Year 2025 volume 44 Issue 11
39
5
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Article Info
doi: 10.12404/j.issn.1002-980X.24082613
  • Receive Date:2024-08-26
  • Online Date:2026-10-27
  • Published:2025-11-25
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  • Received:2024-08-26
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Affiliations
    1.School of Management, Hebei GEO University, Shijiazhuang 050031, China
    2.Regional Institutions Research Center, Hebei GEO University, Shijiazhuang 050031, China
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表12种不同金属材料的力学参数
科
Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)
属
Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
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