Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Research on the Influence of R&D Investment on High-Tech Product Trade in China

Authors
Yi Chen2, Long Zhang1, Xiaobei Lei1, Yanling Chen1, *
1School of Internet Economy and Trade, Fujian University of Technology, Fuzhou, 350117, China
2School of Geographical Science and Tourism, Xinjiang Normal University, Urumqi, 830054, China
*Corresponding author. Email: yanling2590_cn@fjut.edu.cn
Corresponding Author
Yanling Chen
Available Online 10 August 2023.
DOI
10.2991/978-94-6463-198-2_82How to use a DOI?
Keywords
R&D investment; trade in high-tech products; technological innovation
Abstract

At present, China’s economy has gradually formed a new development pattern of “dual circulation economy”. The high-tech industry is responsible for improving the capacity of independent innovation and plays a key role in achieving high-quality economic development and promoting the new development pattern of economy. It is known that technological innovation can improve product quality, enhance the international competitiveness of products and promote the development of international trade. Therefore, an in-depth study on the relationship between R&D investment and trade in high-tech products is of great practical significance to understand the role of R&D investment in technological innovation. This paper empirically investigates the relationship between R&D investment and trade in high-technology products based on provincial panel data of China from 2009 to 2018. The results of this paper show that R&D investment plays a positive role in China’s trade of high-tech products. Accordingly, suggestions are provided such as increasing the intensity of R&D investment, investing in R&D investment purposefully, improving the welfare of employed people, also, increasing the added value of products and making rational use of the foreign investment.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
978-94-6463-198-2
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_82How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yi Chen
AU  - Long Zhang
AU  - Xiaobei Lei
AU  - Yanling Chen
PY  - 2023
DA  - 2023/08/10
TI  - Research on the Influence of R&D Investment on High-Tech Product Trade in China
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 792
EP  - 799
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_82
DO  - 10.2991/978-94-6463-198-2_82
ID  - Chen2023
ER  -