TITLE:
The Strategy of Industrial Clusters to Deal with Disruptive Innovation
AUTHORS:
Jiachun Chen, Ruiqiu Ou, Jingan Wang
KEYWORDS:
Industrial Clusters, Disruptive Innovation, Strategies, Entrepreneurial Enterprises
JOURNAL NAME:
Open Journal of Applied Sciences,
Vol.12 No.10,
October
19,
2022
ABSTRACT: Disruptive
innovation may be a fatal threat to industrial clusters, or it may be a major
development opportunity. The key lies in how industrial clusters respond to
disruptive innovation. The main obstacles to the development of disruptive
innovation in industrial clusters are lock-in and cluster inertia, which
originate from the negative effects of cluster system isomorphism. In order to
break through the development barriers, industrial clusters need to adopt a
targeted overall response strategy, including adopting bottom-up local
subversive innovation policies, introducing external knowledge, encouraging
spin-off entrepreneurial enterprises, and encouraging alliances and cooperation
between incumbent enterprises and entrepreneurial enterprises, etc.