Research on the Continuous Innovation Driving Mechanism of the Transformation and Upgrading of Traditional Industries

Abstract

Innovation-driven transformation and the upgrading of traditional industries is an important task in the present. This paper attempts to further study the existing basis. Based on the perspective of continuous innovation driving, this paper divides the transformation and upgrading of traditional industries into two stages, namely, industrial transformation and industrial upgrading, using the interprovincial data from 2008 to 2019, OLS, HAUSMAN, and SYS-GMM. This paper analyzes the macro- and micromechanism driven by continuous innovation in the transformation and upgrading of traditional industries. The results show that in the macromechanism, the innovation drive has a significant positive effect on the transformation of traditional industries but not on the upgrading of industries, entrepreneurship, network capability, and organizational learning, which significantly affect the transformation and upgrading of traditional industries.