Facing the COVID-19 Pandemic and Developing a Sustainable Entrepreneurial Ecosystem: The Theory and Practice of Innovation and Entrepreneurship Policies in China

Abstract

Under the influence of the COVID-19 pandemic, the vitality of start-ups has been continuously suppressed, their income has been decreasing, and overall economic development has gradually declined. At this time, the government, as an effective subject, should present its due responsibility to make entrepreneurship more sustainable and form a sustainable entrepreneurship ecology that can cope with risks. This paper takes the innovation policy theory and practice from research regarding China's COVID-19 cases. One example is exploring the formation of the government's innovation entrepreneurship policy and its mechanism within industrial cluster theory. Furthermore, we explore the analysis of the practice situation and try to solve the obstacles in the process of sustainable development through the regional entrepreneurial ecosystem and platform system building. We hope to find an acceptable way for the sustainable development of entrepreneurial ecological theory research and provide effective research and practical support.