The influencing factors of regional innovationcapacity based on the endogenous growth model

Abstract

Abstract: Regional innovation capability has become the decisive factor of regional economic development and international competitive advantage against a background that the regional economy increasing involves in the global competition directly. Based on the endogenous growth model, the panel data of nine-year and 30 provinces, municipalities, and autonomous regions in Chinese mainland are collected and the factors that affect the regional innovative capacity are empirically studied by a fixed effect model. The results show that the inertia has a huge influence on the innovative activities which are greatly relatied to the local accumulation of culture, and the fact provides a theoretical support for the view that culture of innovation could enhance innovation. Population of hi-tech enterprise employment is also an obvious factor for the regional innovative capacity, and the scale of high-tech industry employment should be expanded. The higher elastic coefficient of patents indicates that the important source of new patents is patent stock, and enterprises should emphasize independent R&D and patent protection to form knowledge accumulation and exclusive technology.

Key words: economic endogenous growth model, regional innovative capacity, population of hi-tech enterprise employment

CLC Number:

F062.4

Shao Yunfei, Fan Qunlin, Tang Xiaowo. The influencing factors of regional innovationcapacity based on the endogenous growth model[J]. Science Research Management, 2011, 32(9): 28-34.

References

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