ABSTRACT
This chapter addresses the research questions drawing upon a case-study region from inland China, where science parks are playing an increasingly important role, and explores the different ways in which the multiple innovation elements interact to create new configurations of industrial complex. The innovation systems theory published many case studies on national innovation systems across European countries. The chapter provides a detailed case study on Optics Valley of China (OVC) in Wuhan, Hubei Province to contend that in China, companies' ownership could influence their international resources, external relations, and ultimately their economic performance. It presents the resource-based view (RBV) of companies into the framework to offer a resource-based view of innovation, especially drawing on the RBV's distinction between companies' international resources and external inter action. In China, the equivalent industry complexes to science parks have been labelled by the state as science and technology industry parks (STIPs).
