How will China’s Science Parks Handle Converging Innovation? Weavering Scenario Park Leaning to Push Deep Tech to Commercial Applications

In the past, the core function of science parks was to transfer technological achievements into commodities. In the new economic era, innovation is no longer limited to economics from laboratory to market. Industries move from classification to crossover integration, from production-determining consumption to consumption-influencing production, and from a systematic, structured, and layered mode to a flattened, decentralized, and networked one. Smart cars, digital consumers, electronic payment, energy storage, smart contract network, precision therapies has developed rapidly, constantly generating technology breakthroughs of AI, blockchain, big data, cloud computing, IoT... Converging innovation and disruptive innovation in application and research on both ends are running as a dual-propeller. Shanghai Caohejing Hi-Tech Park facing the new economic ecology of AI and Metaverse, is providing necessary facilities, supports, and services. The new economic ecology with spontaneity, randomness, ubiquitous innovation can produce new technology, new products, and new industries.