Relationship between Technology Innovation Diffusion of Hunan High-Tech Zone and Regional Economic Growth: Empirical Research Based on Panel Data
The high-tech zone as the locomotive of economic growth, it plays an important pole to promote regional economic development. This paper researches empirically the relationship between technology innovation diffusion of Hunan high-tech zone and regional economic growth based on panel date. The results show that technology innovation diffusion of Hunan high –tech zone has made great progress, but there is a big difference among these high-tech zones; technology innovation diffusion of high-tech zone has a significant influence on regional economic growth, it promotes economic growth of Hunan province about 6.988% if the growth of high tech-zone GDP is 10%; however, technology innovation diffusion effect from various high-tech zones exist significant difference. 10% growth of high tech-zone GDP can drives the regional economic growth of 8.904% at most or 2.335% at least.
Relationship between Technology Innovation Diffusion of Hunan High-Tech Zone and Regional Economic Growth: Empirical Research Based on Panel Data, Science Journal of Business and Management.
Vol. 6, No. 1,
2018, pp. 9-14.
Wang J C, Song X H, Li G Y. The cluster and diffusion of high-tech enterprises in Beijing zhongguancun [J]. Acta Geographica Sinica, 1996, (6): 481-488.
Chen J X, Wang X P. Research on the spatial diffusion of High-tech Enterprises in Nanjing High-tech Zone [J]. City Planning Review, 2007, 235 (7): 32-38.
Lin L, Zeng G. Influence of technology diffusion on the layout of high-tech enterprises [J]. Science & Technology Progress and Policy, 2007, 198 (2): 78-83.
Wan X L. An empirical analysis of the interaction between the diffusion force and hinterland economy of China's high-tech zones [J]. Journal of Systems & Management, 2007, (S1): 102-106.
Yang S, Zhu Z L. The effect of technological innovation diffusion on regional economic growth--a case study of Xi’an high-tech zone [J]. JOURNAL OF SOCIALIST THEORY GUIDE, 2008, 286 (9): 84-86.
Liu J, Zhong W Z. A study on the characteristics, causes and countermeasures of the insufficiency of diffusion function in high-tech area [J]. Science & Technology Progress and Policy, 2011, 28 (7): 39-42.
Wang X, Zheng C Y, Liu W G. Multi-task Tournament incentive mechanism of technology innovation diffusion in high-tech zone [J]. Journal of Jiangnan University (Natural Science Edition), 2012, 11 (5): 603-608.
SALVADOR E, MARIOTTI I, CONICELLA F."Science park or innovation cluster?" [J]. International Journal of Entrepreneurial Behavior & Research, 2013, (19):656 – 674.
K. MOTOHASHI. The role of the science park in innovation performance of start-up firms: an empirical analysis of Tsinghua Science Park in Beijing [J]. Asia Pacific Business Review, 2013, 19 (4): 578-599.
Li R. Polarization and diffusion effect of the national high-tech zone [J]. Technical economy, 2015, 34 (11): 8-14.
Lian J W. Research on innovation Spillover of Enterprise Research institute embedded in High-tech Innovation Network--taking Xinchang hi-Tech Industrial Park as an example [J]. Science & Technology Progress and Policy, 2016, 33 (17): 8-13.
Dong H M, Hou W Z, Wang J W. Research on innovation and diffusion of hi-tech industrial clusters from the perspective of complex network--taking Zhongguancun industrial Park as an example [J]. Science and Technology Management Research, 2016, 36 (5): 149-154.
Yang G Z. Discussion on the diffusion path of multi-technology innovation in national high-tech zone--a case study of Changsha hi-Tech District [J]. Science and Technology Management Research, 2016, 36 (14): 18-23.
Feng P P. Research on spillover effect of foreign direct investment on technological innovation in high-tech zones in China--a case study of Wuhan Donghu Hi-Tech Development Zone [J]. Science Technology and industry, 2016, 16 (8): 129-132.
Zhao K J, Liu C Z. Study on the measure of diffusion effect of technological innovation [J]. Journal of Industrial Technological economics, 2007, 161 (3): 53-54+58.
Zhang Qing B. Analysis of technological innovation diffusion effect in regional innovation system [J]. Academic Exchange, 2008, (10): 56-58.
Liu X. Research on diffusion intensity and effect of regional technological innovation--taking Beijing-Tianjin-Hebei and Yangtze River delta as examples [J]. Scientific Decision Making, 2009, 142 (5): 66-73.
Shen Z S, He W. Empirical test on technological innovation diffusion effect [J]. Statistics and decision-making, 2009, (23): 93-95.
Wang R Q. Empirical analysis of spatial correlation and diffusion effect of regional technological innovation capability in China--based on 1997-2008 spatial panel data [J]. Systems Engineering-theory & Practice, 2012, 32 (11): 2419-2432.
Jin G, Shen K R. Space-time evolution of the spatial diffusion effect of China's industrial Technology innovation [J]. Economic geography, 2016, 36 (5): 121-127.
Ye Q Q. The spatial spillover effect of internet financial technology innovation diffusion--empirical test based on P2P network loan data [J]. China Business and Market, 2016, 30 (9): 76-84.
Zhang Y R, Hao Y F. Discussion on the technological innovation diffusion and economic growth [J]. Techno economics & Management Research, 2002, (3): 70.
Dou L C, Li G P. Technological innovation diffusion and regional productivity difference--an empirical analysis of China [J]. Studies in Science of Science, 2004, (5): 538-542.
Pi Y H. Regional technological innovation diffusion and economic growth convergence--an empirical study based on the Yangtze River delta region [J]. Journal of Nanjing University of Finance and Economics, 2008, (2): 17-21.
Gao L N, Jiang F X. An analysis of the economic growth effect of the innovation factors agglomeration and diffusion --taking Ningzhen Yang town in Jiangsu Province as an example [J]. Social Science in Nanjing, 2011, (10): 30-36.
Zhang Di. Technological innovation, the impact of international technology diffusion on economic growth--based on 1997-2011 Yangtze River Delta and the analysis of Beijing-Tianjin-Hebei panel data [J]. Journal of WU YI University (natural Science Edition), 2013, 27 (3): 35-40.
T. P. VICTOR, P. G. MAYREN, T. Z. MIGUEL. Technological innovation and regional economic growth in Mexico: a spatial perspective [J]. Annals of Regional Science. 2014, 52 (1) : 183-200.
A. RAINER, R. STROHMAIER. Modeling the diffusion of general purpose technologies in an evolutionary multi-sector framework [J]. Empirical. 2014, 41 (3):425–444.
Chen Y C, Han B T, Qi J. Innovation Performance and diffusion power of Chinese green technology [J]. Journal of Beijing Institute of Technology (Social Sciences Edition), 2014, 16 (4): 50-56.
He X L. Knowledge innovation and diffusion, inter-regional technology absorption effect and environmental pollution [J]. Nankai Economic Studies, 2015, 182 (2): 94-117.
Collins, T. Imitation: A catalyst for innovation and endogenous growth [J]. ECONOMIC MODELLING. 2015,(51):299-307.