In Alfred Marshall's industrial organization theory, and subsequently that of Barry Weingast, the mode of industrial development is essentially a bureaucratic system that provides for government interventions (e.g., in various levels of planning) from an economic policy perspective. The mode of industrial development specifies the industrial structure, industrial organization, industrial distribution, industrial strategy, and industrial policy. However, such a top-down system, if inappropriately designed, can interfere with the basic operations and vicissitudes of a developing industry, and ruin the industry and even cause it to collapse.
The development mode is presently a research hotspot in both development economics and industrial economics. It is used to indicate future direction for industry, country, economy, or society. The mode takes into account the history, culture, and existing resources, and thus is designed (or selected) according to the unique characteristics of a particular industry scenario.
Needless to say, there are no good or bad development modes; there is only the most appropriate mode for the specific situation in a certain site. For example, when considering creating a site, we should take into account whether it will fit the current situation, provide a unique advantage, and contribute to sustainable growth.