Modern Economy

Volume 11, Issue 2 (February 2020)

ISSN Print: 2152-7245   ISSN Online: 2152-7261

Google-based Impact Factor: 0.81  Citations  h5-index & Ranking

Research on Marketization Process and Innovation Efficiency of Guangdong-Hong Kong-Macao Greater Bay Area-Spatial Autocorrelation Model Based on Geography and Network Weighting

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DOI: 10.4236/me.2020.112027    201 Downloads   366 Views   Citations
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ABSTRACT

This paper uses the Malmquist index method to measure the innovation efficiency of Guangdong-Hong Kong-Macao Greater Bay Area in 2009-2016, and decomposes the innovation efficiency into resource allocation efficiency and technological progress rate. It is found that the efficiency of innovation and allocation in Guangdong-Hong Kong-Macao Greater Bay Area shows a steady growth trend. The cities on the west bank of the Guangdong-Hong Kong-Macao Greater Bay Area are more obvious, but in general, the cities on east coast of Guangdong-Hong Kong-Macao Greater Bay Area have higher comprehensive efficiency and technological progress. On this basis, the spatial measurement method is used to demonstrate the impact of the marketization process of Guangdong-Hong Kong-Macao Greater Bay Area on its innovation efficiency. The empirical results show that the marketization process has a significant role in promoting the innovation efficiency of Guangdong-Hong Kong-Macao Greater Bay Area. And there are certain regional differences. The innovation efficiency of the cities on the west bank of the Guangdong-Hong Kong-Macao Greater Bay Area is more significantly affected by the marketization process, while the East Coast cities are more sensitive to changes in economic density and industrial structure. In addition, there is a certain positive spatial correlation between innovation efficiency, especially in the east coast cities of Guangdong-Hong Kong-Macao Greater Bay Area. The cities with high innovation efficiency show a certain geographical concentration distribution, indicating that the regions with high innovation efficiency have certain promotion to innovation efficiency of neighboring regions.

Cite this paper

Fu, L. (2020) Research on Marketization Process and Innovation Efficiency of Guangdong-Hong Kong-Macao Greater Bay Area-Spatial Autocorrelation Model Based on Geography and Network Weighting. Modern Economy, 11, 349-367. doi: 10.4236/me.2020.112027.

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