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Grey correlation analysis on the synergistic development between innovation-driven strategy and marine industrial agglomeration: based on China's coastal provinces

Sheng Xu (School of Economics, Ocean University of China, Qingdao, China)
Qingde Yue (School of Economics, Ocean University of China, Qingdao, China)
Binbin Lu (School of Economics, Ocean University of China, Qingdao, China)

Grey Systems: Theory and Application

ISSN: 2043-9377

Article publication date: 30 December 2020

Issue publication date: 3 January 2022

316

Abstract

Purpose

The implementation of the innovation-driven development strategy is of practical significance for improving the quality and efficiency of economic growth and accelerating the transformation of economic development mode. The purpose of this paper is to study the impact of innovation-driven strategies on marine industry agglomeration and industrial transformation.

Design/methodology/approach

In traditional grey correlation analysis, when the positive and negative areas cancel each other out during the integration process, the calculation result of the correlation degree is often inconsistent with the qualitative analysis. For this reason, from the perspective of curve similarity, this paper constructs two response curves through the relative change area of the two curves and the relative area change ratio of similar degree, thus constructing an improved grey relational model.

Findings

The authors find that the innovation investment has a better correlation with marine industrial agglomeration. It also found that Guangdong Province has the highest degree of correlation between innovation indicators and marine industrial agglomeration. Much beyond the authors’ expectation, in the areas where marine industrial agglomeration is high, the synergistic effect is not obvious by using the location entropy method.

Originality/value

The improved grey correlation analysis method can effectively overcome the phenomenon that the positive and negative areas cancel each other in the integration process of the original algorithm, and it can also effectively measure the negative correlation between variables. This paper explores the impact of innovation drive on the agglomeration of marine industries, which is of great significance to the sustainable development of marine economy.

Keywords

Acknowledgements

This paper was supported by the Major Project of National Social Science Fund of China “Research on the Index System and Promotion Path of Marine Power in the New Era” (18VHQ003) and the National Social Science Fund of China “Research on the Innovation Driving Effect in the Structural Transformation of China's Marine Economy” (15BJL037). The authors would also like to express their sincere gratitude to the editor Sifeng Liu and two reviewers for their valuable comments, which have greatly improved this paper.Funding: This work was supported by the National Social Science Foundation Project “Research on the Innovation Driving Effect in the Structural Transformation of China’s Marine Economy.” (Grant No. 911580090).

Citation

Xu, S., Yue, Q. and Lu, B. (2022), "Grey correlation analysis on the synergistic development between innovation-driven strategy and marine industrial agglomeration: based on China's coastal provinces", Grey Systems: Theory and Application, Vol. 12 No. 1, pp. 269-289. https://doi.org/10.1108/GS-08-2020-0103

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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