Author(s)

Lixiao Wang

Corresponding Author

Lixiao Wang

Abstract

Industrial clusters are new economic phenomena arising from economic development. The accumulation of such large enterprises and related institutions in certain areas reduces the average cost of the industrial clusters on the one hand, and reduces the average cost of individual enterprises in the clusters on the other hand, forming the intangible assets of industrial cluster. With the accumulation of regional industries, specific regions affect the economic growth of the region through changes in the stock of intangible assets.

Keywords

Industrial Cluster, Regional Economic Growth, China Economy