Application of GSBSI Theory for Calculating the Relationship between R&D Investment and Economic Growth in China

Zheng Xin Wang

doi:10.4028/www.scientific.net/AMM.291-294.2928

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 291-294Application of GSBSI Theory for Calculating the...

Application of GSBSI Theory for Calculating the Relationship between R&D Investment and Economic Growth in China

Abstract:

Grey symmetry balanced system in impact (GSBSI) was applied to analyze the interactive effect between R&D investment and economic growth in China. A coordination degree was designed for measuring the interactive effects. The results show that symmetry balanced relation between the self-impact on R&D investment and the applied-impact from economic growth holds well, but R&D investment is not a major factor impacting China’s economic growth.

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Periodical:

Applied Mechanics and Materials (Volumes 291-294)

Pages:

2928-2931

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.291-294.2928

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Online since:

February 2013

Authors:

Zheng Xin Wang

Keywords:

Economic Growth, Grey Symmetry Balanced System, Interactive Effect, R&D Investment

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