A study on the effect of innovative actors and their interaction on regional innovation capacity

Science Research Management ›› 2015, Vol. 36 ›› Issue (10) : 51-57.

Gao Yuejiao^1,2, Wu Hecheng¹

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Abstract

The paper employs the method of factor analysis to extract the innovative actor variables, which are multiplied to measure their interaction in order to construct an econometrics model to analyze the effect of innovative actors and their interaction on regional innovation capacity. The results show that the innovative actors, including firms, university-R&D institutions and banks, have a statistically significant positive effect on regional innovation capacity. What's more, firm is the most important key factor in the regional innovation system while bank is the least factor. The interaction of government and firm and the interaction of university-R&D institution and government have a statistically significant positive effect on regional innovation capacity, and the effect of the latter overweighs that of the former, which implies that regional innovation capacity still greatly depends on the cooperation between government and knowledge production organization. The effect of the interaction of university-R&D institution and firm on regional innovation capacity is not statistically remarkable,and it means that the cooperation between university - R&D institution and firm still does not work.

Key words

regional innovation system / innovative actors / interaction / innovation capacity

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Gao Yuejiao, Wu Hecheng. A study on the effect of innovative actors and their interaction on regional innovation capacity[J]. Science Research Management. 2015, 36(10): 51-57

References

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