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Empirical Study on Influencing Factors of Regional Innovation Output System-Take Qingyuan, Guangdong as an Example
International Journal of Business and Economics Research
Volume 9, Issue 1, February 2020, Pages: 40-49
Received: Oct. 23, 2019; Accepted: Jan. 28, 2020; Published: Feb. 13, 2020
Views 487      Downloads 120
Authors
Hui He, Research Department, Qingyuan Polytechnic, Qingyuan, China
Yibo Qin, Guangzhou Urban Strategy Institute, Guangzhou Academy of Social Sciences, Guangzhou, China
Huihui Deng, Research Department, Qingyuan Polytechnic, Qingyuan, China
Qi Gao, Research Department, Guangdong University of Foreign Studies, Guangzhou, China
Weitao Liu, Guangzhou Urban Strategy Institute, Guangzhou Academy of Social Sciences, Guangzhou, China
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Abstract
The construction of regional innovation system is an important direction for modern cities and regional economic development and industrial transformation. Based on the existing research results, this paper selects relevant data of Qingyuan from 2001 to 2017, and uses patent authorization, output value of high-tech products and total export value as the evaluation system of regional innovation output to build a regional innovation system model including five influencing factors such as research and development investment, economic structure, infrastructure, opening level and innovation policy. With the help of SPSS software, the conclusions are drawn through principal component analysis that the selected factors have significant positive effects on the innovation output of Qingyuan, and the infrastructure, economic structure and the level of opening to the outside world have the greatest impact, with a smaller impact coefficient on R&D investment. This shows that Qingyuan's ability to attract high-quality funds and advanced technologies needs to be strengthened, infrastructure construction needs to be further improved, and scientific research efficiency should be improved. In view of the above conclusions, this paper finally puts forward corresponding policy recommendations. In the future, Qingyuan municipal government should speed up the infrastructure construction focusing on transportation and logistics, give appropriate research and development subsidies to local enterprises, improve the efficiency of local enterprises in introducing advanced science and technology from Guangzhou, and better grasp the integrated development mode of Guangzhou and Qingyuan.
Keywords
Regional Innovation System, Principal Component Analysis, Qingyuan Guangdong
To cite this article
Hui He, Yibo Qin, Huihui Deng, Qi Gao, Weitao Liu, Empirical Study on Influencing Factors of Regional Innovation Output System-Take Qingyuan, Guangdong as an Example, International Journal of Business and Economics Research. Special Issue: Microfinance and Local Development. Vol. 9, No. 1, 2020, pp. 40-49. doi: 10.11648/j.ijber.20200901.15
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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