Core Viewpoint - The article discusses the complexities of "value incubation" in the context of technological innovation and industry transformation, emphasizing the need for a deeper understanding and integration of technology and industry innovation to foster sustainable growth and address market demands [5][10]. Summary by Sections 1. Understanding "Value Incubation" - "Value incubation" is often misunderstood, with many equating it solely to "unicorn incubation," which limits its broader implications [6]. - The core of value incubation involves creating a sustainable innovation ecosystem that aligns with national strategies and market needs [10]. 2. Driving Forces of Technological Innovation - The current lack of driving forces for technological innovation stems from high risks and uncertainties in early-stage projects, compounded by institutional barriers in technology transfer from research institutions to industry [8][9]. - There is a need for a systematic approach to enhance the source of innovation, focusing on talent recognition and the establishment of supportive mechanisms for project development [11][12]. 3. Integration of Technological and Industrial Innovation - A significant gap exists between technological innovation and industrial needs, leading to inefficiencies in translating research into marketable products [13][14]. - The article highlights the importance of collaborative efforts between academia and industry to bridge this gap and enhance the effectiveness of innovation [15][16]. 4. Balancing Feedback Mechanisms - The article discusses the necessity of balancing positive and negative feedback mechanisms in the incubation process to ensure sustainable growth and market alignment [17][18]. - Positive feedback is essential in the early stages to encourage innovation, while negative feedback becomes crucial as projects mature to ensure they meet market demands [19]. 5. Regional Characteristics in Value Incubation - The article points out the issue of homogenization in value incubation across regions, stressing the importance of leveraging unique regional advantages to foster diverse innovation ecosystems [20][21]. - Different regions should focus on integrating local resources and addressing specific market needs to enhance their innovation capabilities [22].