The Effect of R&D Investment Structure on High-Quality Innovation——Also on the Synergy of Promising Government and Effective Market
Zhao Yulin1,2, Liu Chao1, Gu Junjian3
1. School of Economics,Wuhan University of Technology,Wuhan 430070,China; 2. Hubei Provincial Research Center for S&T Innovation and Economic Development,Wuhan 430070,China; 3. PBC School of Finance,Tsinghua University,Beijing 100083,China
Abstract:This article explores the effective ways to achieve high-quality innovation from the perspective of R&D input structure adjustment,theoretically analyzes the effects of different R&D inputs on high-quality innovation output and the regulatory mechanism of government support and marketization.Using China's provincial regional international“The application data of the Patent Cooperation Treaty”(PCT)the impact of R&D input structure on high-quality innovation from both the funding and personnel levels has been empirically tested.The study found the followings.①Basic research and applied research both significantly promote high-quality innovation in China,but experimental development has not played the role.②Government support for basic research significantly expands its promotion effect on high-quality innovation,while government supports applied research and the role played by experimental development is very limited.③In areas with high marketization levels,basic research has a greater effect on promoting high-quality innovation output,while applied research and experimental development still have no significant impact.Therefore,in order to achieve high-quality innovation in China,it is necessary to increase investment in basic research and focus on the synergy of promising government and effective market.
赵玉林, 刘超, 谷军健. 研发投入结构对高质量创新的影响——兼论有为政府和有效市场的协同效应[J]. 中国科技论坛, 2021(1): 55-64.
Zhao Yulin, Liu Chao, Gu Junjian. The Effect of R&D Investment Structure on High-Quality Innovation——Also on the Synergy of Promising Government and Effective Market. , 2021(1): 55-64.
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