Strategic emerging marine industries have become a new economic growth pole, and countries worldwide seek to transform their land economy into a marine economy. Institutional supply is the primary way for governments worldwide to support the development of strategic emerging marine industries. To study the impact of market cultivation on the supply efficiency of China's marine strategic emerging industry system, this study established a regression model of market cultivation and marine strategic emerging industry system supply efficiency based on the data of marine strategic emerging industries from 2006 to 2018. The empirical results show that market cultivation inhibits the efficiency of the institutional supply of strategic emerging marine industries. This indicates that China's strategic emerging marine industries still need government funding support at this stage, and premature market cultivation is not conducive to their development.

Details link: https://doi.org/10.1016/j.marpol.2022.105045