The Mechanism of Industrial Innovation Speed and Factor Input Effect
Yu Liping1, Song Xiayun2, Chu Wangyu3
1.School of Management and E-business,Zhejiang Gongshang University,Hangzhou 310018,China; 2.School of Accounting,Zhejiang University of Finance and Economics,Hangzhou 310018,China; 3.School of Mathematics and Statistics,Zhongnan University of Economics and Law,Wuhan 430073,China
Abstract：This paper defines the industry innovation speed,and suggests that its mechanism includes direct mechanism and indirect mechanisms,direct mechanism including a drive mechanism and pulling mechanism;indirect mechanism including driving effect of resource and resource allocation effects.The empirical results show that industrial innovation speed has a significant contribution for innovative achivements and its elasticity coefficient is positive.Industrial innovation speed exists R&D funding threshold.Performance of R&D researchers is still need to be improved.
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