An Empirical Study on the Impact of Technological Innovation on Economic Growth—Taking Shandong Province as an Example

DOI

10.2991/sschd-18.2019.82How to use a DOI?

Keywords

Technological Innovation, Economic Growth, R&D.

Abstract

In 2018, the government work report put forward the idea of promoting the economic growth by the strategy of innovation-driven development. As an economic province, the level of technological innovation is also improving. The paper verified the facilitation of technological innovation on economic growth by selecting relevant data of Shandong Province from 2001 to 2016. We found that the level of technological innovation has a significant positive impact on economic growth through econometric models(e.t R& D Expenditure, the number of patents granted and equivalent full time equivalent of R&D personnel), but the effect is less than the impact of capital input and labor input on economic growth.

Copyright

© 2019, 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/).

Download article (PDF)

TY  - CONF
AU  - Jin-Xiu ZHAO
PY  - 2019/01
DA  - 2019/01
TI  - An Empirical Study on the Impact of Technological Innovation on Economic Growth—Taking Shandong Province as an Example
BT  - Proceedings of the 4th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2018)
PB  - Atlantis Press
SP  - 454
EP  - 457
SN  - 2352-5398
UR  - https://doi.org/10.2991/sschd-18.2019.82
DO  - 10.2991/sschd-18.2019.82
ID  - ZHAO2019/01
ER  -