Research on the Impact of Innovation on Regional Economic Growth
- 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.
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 -