Open Journal of Business and Management

Volume 7, Issue 4 (October 2019)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 2.35  Citations  

Research on the Influence of Industrial Upgrading on Independent Innovation Ability in China—Based on Inter-Provincial Panel Data

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DOI: 10.4236/ojbm.2019.74135    474 Downloads   1,346 Views  Citations
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ABSTRACT

According to the different levels of economic development in Chinas provinces, this paper uses principal component analysis to establish a comprehensive index system for evaluating the level of economic development, and then uses cluster analysis to classify 31 provinces in China into economically developed regions, economically relatively developed regions, and economically underdeveloped regions. Next, based on the results of regional division, this paper uses the fixed panel data model to empirically analyze the impact of national and regional industrial upgrading on independent innovation capability, and the model is tested for robustness by systematic generalized moment estimation. The results show that: Industrial upgrading can effectively promote the improvement of national and regional independent innovation capabilities. On the whole, the industrial upgrading transferred to the tertiary industry can effectively promote the improvement of independent innovation capability; moreover, in both economically developed regions and economically underdeveloped regions, the process of industrial upgrading to the secondary and tertiary industries can effectively promote the improvement of regional independent innovation capabilities. Finally, according to the results of empirical analysis, the paper puts forward policy enlightenment of industrial upgrading and suggestions on improving independent innovation ability.

Share and Cite:

Fu, T. and Shao, P. (2019) Research on the Influence of Industrial Upgrading on Independent Innovation Ability in China—Based on Inter-Provincial Panel Data. Open Journal of Business and Management, 7, 1962-1982. doi: 10.4236/ojbm.2019.74135.

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