Research on the Effects of the Geographical Adjacency and Informatization Level on Input and Output of Regional Innovation - Based on a Spatial Econometrical Analysis of the 21 Cities in Guangdong Province

Abstract:

Based on the diffusing theories of knowledge, this paper uses the data between 2006-2008 of the 21 cities in Guangdong province to conduct the exploratory data analysis, constructs the input-output model of innovation which take the informatization level of a region into account, and uses the common econometric model and spatial econometric models based on geographical adjacency between two regions, then compared the estimation results of these models. The systematic analysis shows that the innovation output of the 21cities is spatially correlated to each other, the result of the econometric model considered about the adjacency element is more precise than the common one, the accumulation of capital for innovation is the domain engine of innovation creating, the input of human and the enhancement of informatization level stimulate innovation weakly. However, when take the informatization level into account, the results of the new model are more precise. Based on the empirical research, this paper proposes several policy recommendations.

• Periodical: Advanced Engineering Forum (Volumes 6-7)
• Pages: 459-467
• DOI: https://doi.org/10.4028/www.scientific.net/AEF.6-7.459
• Online since: September 2012
• Authors: Xing You Zheng, Peng Wang
• Keywords: Geographical Adjacency, Informatization Level, Innovation Output, Input of Innovation, Spatial Econometrics

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