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Can increasing technological complexity help strengthen regional economic resilience?

Author

Listed:
  • Dan He

    (Jiangsu University)

  • Yahua Tang

    (Jiangsu University)

  • Luyan Wang

    (Jiangsu University)

  • Muhammad Mohsin

    (Jiangsu University)

Abstract

Improving regional economic resilience through technological innovation has always been a strategic focus of China, but the previous studies have paid little attention to the impact of structural characteristics of technological innovation on regional economic resilience. Based on the complexity of technology, this study studies the impact and mechanism of technological systems with more complex internal mechanisms on economic resilience. The main findings are as follows: (1) Higher technological complexity is conducive to technological innovation and can improve regional economic resilience; (2) technological complexity needs to be in the appropriate range, and its positive effect shows diminishing marginal effect; and (3) optimizing market competition and absorptive capacity plays a positive role in regulating the relationship between technological complexity and regional economic resilience. This study provides policy implications for implementing innovation-driven development strategy, formulating economic recovery plan, and medium- and long-term sustainable development strategy.

Suggested Citation

  • Dan He & Yahua Tang & Luyan Wang & Muhammad Mohsin, 2023. "Can increasing technological complexity help strengthen regional economic resilience?," Economic Change and Restructuring, Springer, vol. 56(6), pages 4043-4070, December.
    • Handle: RePEc:kap:ecopln:v:56:y:2023:i:6:d:10.1007_s10644-023-09506-8
    DOI: 10.1007/s10644-023-09506-8
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    References listed on IDEAS

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    Cited by:

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    6. Qi, Ruijuan & Ma, Guowei & Zhang, Qiwen & Liu, Chang & Wang, Qi, 2024. "Innovation for sustainability: Harnessing the power of efficient natural resource markets for a greener economic recovery," Resources Policy, Elsevier, vol. 88(C).

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    More about this item

    Keywords

    Technological complexity; Economic resilience; New technology; Market competition; Absorptive capacity;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

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