Exploring the Determinants of Knowledge Innovation Capacity in Industrial Clusters: A Study

Abstract

This study investigates the determinants of knowledge innovation capacity within industrial clusters, aiming to elucidate the factors driving innovation and knowledge creation in localized economic ecosystems. Through a comprehensive literature review and empirical analysis, we examine various determinants including industry structure, network relationships, knowledge spillovers, human capital, and institutional support. By employing regression analysis and structural equation modeling, we assess the relative importance and interplay of these determinants in shaping knowledge innovation capacity within industrial clusters. Our findings provide valuable insights for policymakers, industry practitioners, and cluster managers seeking to enhance innovation performance and foster sustainable economic development within industrial clusters.