Publication Type
PhD Dissertation
Version
publishedVersion
Publication Date
3-2025
Abstract
This study focuses on the critical impact of both the quantity and quality of young talent on regional, particularly urban, economic development in terms of pace and quality. The paper examines how educated and innovative youth serve as catalysts for economic progress, driving innovation and entrepreneurship in urban areas. Through an examination of economic growth theories and innovation-driven development models, the research employs a Cobb-Douglas production function for empirical analysis, revealing the significant positive influence of high-quality young populations on regional GDP growth.
Concurrently, case studies of Zhongguancun and Suzhou's textile industry demonstrate the transformative power of young talent in enhancing industrial clusters and propelling economic advancement. The conclusion proposes policy insights drawing from Singapore's approach, emphasizing the necessity of tiered housing systems, educational support, and entrepreneurial incentives to attract and retain young professionals.
The paper underscores the urgent need for strategic policy frameworks that foster ecosystems conducive to the growth of young talent, thereby accelerating sustainable and balanced regional economic development. This research contributes to the academic discourse on human capital, urban economics, and innovation-driven growth, providing empirical evidence and theoretical insights into the role of youth in shaping economic trajectories.
The study's methodology, combining econometric analysis with case studies, offers a robust approach to understanding the multifaceted impact of young talent on urban economies. By integrating economic theory with practical policy recommendations, this research bridges the gap between academic insights and actionable strategies for policymakers and urban planners.
Furthermore, the paper's exploration of the Cobb-Douglas production function in this context extends the application of this economic tool to the specific domain of youth-driven economic growth, potentially opening new avenues for research in labor economics and demographic economics.
In conclusion, this research not only elucidates the pivotal role of young talent in urban economic development but also contributes to the broader academic discourse on human capital, innovation ecosystems, and sustainable urban growth strategies.
Degree Awarded
Doctor of Bus Admin (CKGSB)
Discipline
Finance | Finance and Financial Management
Supervisor(s)
YU, Jun
First Page
1
Last Page
130
Publisher
Singapore Management University
City or Country
Singapore
Citation
LIU, Jinzhao.
Research on the influence of the quantity and quality of young talents on regional economic development. (2025). 1-130.
Available at: https://ink.library.smu.edu.sg/etd_coll/727
Copyright Owner and License
Author
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.