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In 1952, Alexander Gerschenkron created the theory of ‘late-developing advantage’ in the article Economic Backwardness in Historical Perspective. It is a special advantage caused by the status of the late-rising country, and such advantage cannot be owned by advanced countries, or created by the late-rising countries with efforts. Instead,1 INTRODUCTIONEver since the formal effectiveness of United Nations Convention on the Law of the Sea in 1994, the main maritime powers in the world, such as America, Japan, England, South Korea, Australia, etc. started to take the development and utilization of marine resources, as well as the development of marine business as a significant part of the national strategy, and made corresponding strategies and policies for marine economy development [1]. Ever since the 21st century, Chinese government also started a new round of strategic deployment for coastal development. From 2008 to 2009, the State Council released the development planning for some coastal areas in Guangxi, Fujian, Jiangsu, and Liaoning. Consequently, the new round of deployment made the coastal economy layout much more complete, and the development pattern, namely ‘three large and four small regions’ along the eastern coast, was gradually formed. The adjustment and implementation of national strategy brings unprecedented opportunities and challenges for the coastal development in China. However, Yancheng, which has theit co-exists with the relatively economic backwardness completely [2]. Afterwards, Abramovitz [3] proposed the ‘pursuant hypothesis’, while Brezis, Krugman [4] proposed the ‘leap-flogging’ model, which all pointed that the later-rising countries have technical last-developing advantages. |
