Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)

Research on the Impact of Innovation on Regional Economic Growth

Authors
FeiFei Shang1, ZhiYu Niu1, *, SiYuan Zang1
1Shenyang University of Technology, Shenyang, 110870, China
*Corresponding author. Email: 17332098707@163.com
Corresponding Author
ZhiYu Niu
Available Online 29 October 2023.
DOI
10.2991/978-94-6463-270-5_50How to use a DOI?
Keywords
innovation; regional economy; Panel Data; employment
Abstract

The influence of innovation on regional economic development is a significant area of scholarly inquiry and holds paramount importance in the context of regional economic advancement. Innovation serves as a driving force for economic growth, bolstering competitive advantages, fostering job creation, enhancing productivity, and facilitating social progress. Presently, a confluence of factors, including technological advancements, global competition, market demands, and institutional frameworks, present both opportunities and impetus for innovation within regions, thereby propelling economic growth and prosperity. Governments, enterprises, and research institutions, among other stakeholders, are actively engaged in fostering innovation to infuse vigor and dynamism into regional economic development. The empirical analysis of panel data from 31 provinces and municipalities across the nation is adopted in the study, revealing a positive relationship between innovation and regional economic growth. Furthermore, the article presents insightful approaches on leveraging innovation to drive and facilitate regional economic development.

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 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
Series
Atlantis Highlights in Economics, Business and Management
Publication Date
29 October 2023
ISBN
978-94-6463-270-5
ISSN
2667-1271
DOI
10.2991/978-94-6463-270-5_50How 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

TY  - CONF
AU  - FeiFei Shang
AU  - ZhiYu Niu
AU  - SiYuan Zang
PY  - 2023
DA  - 2023/10/29
TI  - Research on the Impact of Innovation on Regional Economic Growth
BT  - Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
PB  - Atlantis Press
SP  - 448
EP  - 458
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-270-5_50
DO  - 10.2991/978-94-6463-270-5_50
ID  - Shang2023
ER  -