Research on High-tech Industrial Cluster and Industrial Impact Factors in China

Since the eleventh five-year plan for National Economic and Social Development, China's high-tech industry has witnessed a sound momentum of growth. However, lack of innovation, improper industry scale and imbalanced distribution issues lag behind sustainable development of high-tech industrial cluster performance in China. In this paper, LQ (location quotient) is used to explain high-tech industrial cluster development of provinces in China. Three-hierarchy analysis is thus proposed to discuss development process performance. Then, specific influencing factors are put forward on the basis of general industrial clustering mechanism, along with the combination of Industrial Competitiveness Theory. Therefore, we build logarithmic model based on transformation of Cobb-Douglas production function, with LQ as explained variable, market demand, R&D capital investment, innovation mechanism, international development, and knowledge spillover and government policy as explanatory variables. Finally, some suggestions are offered respectively to boost our national high-tech industrial cluster.