Regional Spatial Econometric Empirical Comparison for the Input and Output of Research and Development on Environment-friendly Innovation
Aijun Li1,Changyong Liang2
COMPUTER MODELLING & NEW TECHNOLOGIES 2014 18(12C) 989-993
1 The school of Economic and Management College of Chuzhou University, Anhui Province Chuzhou city, 239000
2 The school of Management College of Hefei University of Technology ,Anhui Province Hefei city,230009
With the economic growth and increasing improvements of supporting measures, the innovation, as well as research and development (RD) exhibit apparent output and spillover effects. By taking the patent grand in environment-friendly innovation and RD as a dependent variable, and the factors such as personnel and innovation capital of RD as independent variables, the empirical comparison and validation based on regional spatial econometric model were conducted. The results showed that environment-friendly RD presents a prominent positive implicative effect on the RD innovation output with spatial spillover. Meanwhile, the spatial error model is proved to be more convinced than spatial lag model and ordinary least square methods. Besides, this research also provides some suggestions and countermeasures for promoting further environment-friendly innovation RD and economic growth.