Entrepreneurial local governments and the development of the decentralised platform economy in China
研究发现中国平台经济的地理分散性源于地方政府通过动态能力感知和抓住平台产业机会,抵消了集聚效应,从而形成了不同于美国的空间格局。
The platform economy in China is more geographically decentralised than in the United States, where platform firms are highly concentrated on the West Coast. This different spatial pattern is a product of China’s regionally decentralised authoritarian governance system, which provides local governments with the policy latitude and resources to affect local entrepreneurial growth. Through interviews and by comparing five-year plans at the national and municipal levels, we find that Chinese local governments developed dynamic capabilities to sense and seize emerging platform industry opportunities. These capabilities offset the centripetal clustering forces and result in a platform economy with less geographical concentration.