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Improving Innovation Strategy in Caohejing Development Zone for Metaverse Enterprises

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According to reports, Gu Lun, Vice Chairman of Shanghai Lingang, stated that as an important carrier area of Shanghai Science and Technology Innovation Center, Caohejing Developmen

Improving Innovation Strategy in Caohejing Development Zone for Metaverse Enterprises

According to reports, Gu Lun, Vice Chairman of Shanghai Lingang, stated that as an important carrier area of Shanghai Science and Technology Innovation Center, Caohejing Development Zone should continuously improve its innovation strategy capability, increase the gathering of innovation factors, actively introduce high-end talents, and introduce specific support policies to provide higher quality conditions and broader platforms for the development and growth of metaverse enterprises. (Cailian Society)

Vice Chairman of Shanghai Lingang: Providing Higher Quality Conditions for the Development and Growth of Metaverse Enterprises

The Vice Chairman of Shanghai Lingang, Gu Lun, recently stated that Caohejing Development Zone should continuously improve its innovation strategy capability, increase the gathering of innovation factors, actively introduce high-end talents, and provide specific support policies to enhance the development and growth of metaverse enterprises.

The Significance of Caohejing Development Zone

Caohejing Development Zone, located in Shanghai, is considered as a crucial carrier area for Shanghai Science and Technology Innovation Center. This zone comprises innovation-driven enterprises, high-tech research centers, and advanced manufacturing industries. The development of Caohejing Development Zone is vital to unleash the full potential of Shanghai as a center of technology and innovation.

The Potential of Metaverse Enterprises

Metaverse enterprises are those enterprises that exist in virtual reality, particularly in the online gaming industry. They create immersive and interactive virtual worlds to engage millions of users worldwide and drive tremendous growth in the industry. According to the report of We Are Social and Hootsuite Digital, the online gaming industry generated a revenue of over $159 billion in 2020, and it is expected to grow even further in the coming years. Therefore, the growth of metaverse enterprises is crucial.

The Need to Improve Innovation Strategy Capability

To support the growth and development of metaverse enterprises, Caohejing Development Zone needs to improve its innovation strategy capability. This means that it should focus on creating an advanced playground for startups to innovate and develop new products. The development zone should create new policies and initiatives that can effectively leverage all the available resources, such as research grants, subsidies, tax incentives, and funding opportunities.

Increasing the Gathering of Innovation Factors

Furthermore, the development zone needs to increase the gathering of innovation factors to support metaverse enterprises. It should attract top-notch talent, including researchers, designers, developers, and entrepreneurs, from domestic and international markets. The zone should enable enterprises to work with academic institutions and research centers to access the latest research and development methodologies.

Actively Introduce High-End Talents

The development zone should actively introduce high-end talents for metaverse enterprises. The zone should focus on bringing in experts in virtual reality, gaming, and other relevant fields. High-end talents will bring industry-leading knowledge and expertise to the development zone, promoting innovation through collaboration and interaction with local enterprises.

Providing Specific Support Policies

Finally, the development zone should introduce specific support policies to enable the growth of metaverse enterprises. These policies could include advantages such as tax incentives, subsidies, investment opportunities, and financial support. The policies should encourage startups in the gaming industry to create new products, improve their technology, and compete with international peers.

Conclusion

Caohejing Development Zone can significantly benefit from the growth of metaverse enterprises. By implementing an improved innovation strategy capability, increasing the gathering of innovation factors, actively introducing high-end talents, and providing specific support policies, the development zone can create a dynamic, supportive ecosystem for metaverse enterprises. This ecosystem will provide broader platforms for the development and growth of the metaverse industry, which is essential to the tech advancement in Shanghai.

FAQs

1. What is the role of Caohejing Development Zone in Shanghai?
Caohejing Development Zone is an important carrier area for Shanghai Science and Technology Innovation Center, comprising innovation-driven enterprises, high-tech research centers, and advanced manufacturing industries.
2. What are metaverse enterprises, and why are they significant?
Metaverse enterprises are those enterprises that exist in virtual reality, particularly in the online gaming industry. They create immersive and interactive virtual worlds, attracting millions of users worldwide and driving tremendous growth in the industry.
3. What are some specific support policies that the development zone can provide for metaverse enterprises?
Specific support policies that the development zone can provide for metaverse enterprises include tax incentives, subsidies, investment opportunities, and financial support to promote innovation and competition in the gaming industry.

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