ISSN 1008-2204
CN 11-3979/C
CAO Yinzhong, TAN Yuxuan, ZHANG Yuesheng. Core Essence, Developmental Advantages, and Advancement Strategies of the First-Mover Economy[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition. DOI: 10.13766/j.bhsk.1008-2204.2024.2250
Citation: CAO Yinzhong, TAN Yuxuan, ZHANG Yuesheng. Core Essence, Developmental Advantages, and Advancement Strategies of the First-Mover Economy[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition. DOI: 10.13766/j.bhsk.1008-2204.2024.2250

Core Essence, Developmental Advantages, and Advancement Strategies of the First-Mover Economy

  • The first-mover economy represents a new economic model aligned with the new development philosophy and high-quality development requirements, playing a vital role in expanding total consumption, promoting consumption transformation, and driving economic growth. Its rich connotation encompasses four core dimensions: "first-to-market, innovation, prominence, and quality." In terms of developmental advantages, China's robust industrial chain and supply chain capabilities, its super-large market potential, and the empowerment of high-quality brand building have endowed the launch economy with formidable "innovation" power, immense "first-to-market" momentum, and strong "prominence." However, China currently faces constraints such as weakening public expectations, core technology bottlenecks, and lagging talent development. These challenges have led to issues including diminished sustainability of "brightness," subpar quality of "novelty," and unstable support for "quality." Looking ahead, China can systematically advance the high-quality development of its first-to-market economy through five key strategies: strengthening expectation management, breaking through critical core technologies, improving talent cultivation models, refining policy guidance mechanisms, and adhering to demand-driven innovation.
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