Study of the Nonlinear Relationship between R&D Investment and Regional Innovation Capacity: Evidence from Panel Threshold Model
- DOI
- 10.2991/ammsa-17.2017.16How to use a DOI?
- Keywords
- R&D investment; regional innovation capacity; panel threshold model
- Abstract
Choosing panel data of 30 provinces (except Tibet, Hong Kong, Macao and Taiwan) within years of 2007-2015 as research samples in China, and use the financial development level as threshold variable. By using the panel threshold model we investigate the nonlinear relationship between R&D investment and regional innovation capacity. The results show that R&D investment and regional innovation capacity have significant "single threshold effect" based on the threshold variable. The nonlinear relationship between R&D investment and regional innovation capacity in China is significant. R&D labor investment has a significant positive effect on regional innovation capacity. The factors that promoting the regional innovation capacity are R&D labor investment, urbanization level, the government investment. The level of the industrial structure and financial development level impact on China's regional innovation capacity is not significant. When the financial level is in different interval, there is a significant different influence between R&D investment and regional innovation capacity.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Kai Sun AU - Yanchun Liu PY - 2017/05 DA - 2017/05 TI - Study of the Nonlinear Relationship between R&D Investment and Regional Innovation Capacity: Evidence from Panel Threshold Model BT - Proceedings of the 2017 International Conference on Applied Mathematics, Modelling and Statistics Application (AMMSA 2017) PB - Atlantis Press SP - 74 EP - 78 SN - 1951-6851 UR - https://doi.org/10.2991/ammsa-17.2017.16 DO - 10.2991/ammsa-17.2017.16 ID - Sun2017/05 ER -