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Exploratory analysis demonstrates effective low-altitude economy development via a first-mover alliance, highlighting public-private partnership dynamics.
This article explores the implementation of mission-oriented innovation policy (MOIP) in China and examines how the vice-provincial Shenzhen delivers the novel low-altitude economy effectively. From the lens of the Chinese political economy, it highlights a first-mover alliance in which the local state works as a facilitator while leading private firms perform as consultants for integrating the government resources and industrial knowledge. This synergy forms a broader public–private partnership where high government commitment is an essential political foundation. With empirical studies of Shenzhen’s SF Express, Meituan and Heli-Eastern in developing urban air mobility, this research demonstrates how first-mover alliances implemented MOIP.
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Zhou et al. (2025) studied this question.
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