市场分割是否抑制双元创新——基于区域特征的调节作用

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Abstract How to break market segmentation and boost innovation is a serious issue in the academic circle.Based on China's provincial panel data from 2011 to 2019,we use the dynamic panel regression model to explore the impact of market segmentation on dual innovation (exploitative innovation and exploratory innovation),and further test the regulatory role of regional characteristics (institutional environment,government competition,economic resilience and geographical location)in it.The results are as follows.Market segmentation inhibits dual innovation,and this inhibition is mainly reflected in its impact on exploratory innovation.Regional characteristics mainly play a regulatory role in the relationship between market segmentation and exploratory innovation.Specially,the improvement of formal and informal institutional environment helps to weaken the inhibition between the two.The government competition mode of “competition for growth”and “competition for innovation”will strengthen and weaken the negative role between the two,respectively.The stronger the economic resilience,the weaker the inhibition between the two.Compared with inland areas,the inhibition of market segmentation in coastal areas can be eased.

Key words： Market segmentation Exploitative innovation Exploratory innovation Regional characteristics

Received: 21 March 2023

PACS:

F061.5

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	Zhu Yanli
	Liu Lili

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Zhu Yanli,Liu Lili. Whether Market Segmentation Inhibit Dual Innovation or Not ——The Regulatory Role Based on Regional Characteristics[J]. , 2024, 5(2): 82-93.

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http://www.zgkjlt.org.cn/EN/ OR http://www.zgkjlt.org.cn/EN/Y2024/V5/I2/82

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