Shanghai Innovation System

Abstract

Shanghai is not just a large city with around 23 million inhabitants; it is also one of the world’s largest trade hubs. As a cultural melting pot, Shanghai is a hot spot of knowledge and technology development. Shanghai’s Yangpu District hosts more than one-third of the colleges and universities. Learn about the core of the strength of this region with its creation of virtuous circles and the flexibility of incubation mechanism. The three main points for Shanghai’s success compared to other innovation regions are discussed as the degree of linkage across systems, the education level of the population, and the degree of spatial integration. In future, especially Yangpu District will be setting up special plans to attract social institutions to participate in investments. It is also supporting university science and technology parks to establish joint guiding funds for project equity investment in order to enhance the parks’ ability to cultivate high-quality early stage projects.