An Empirical Analysis of Technological Innovation Policy in China

2006 ◽  
Author(s):  
Jin Chen ◽  
Dake Xu ◽  
Bei Wu ◽  
Changbing Jiang
Keyword(s):  
Empirical Analysis ◽  
Technological Innovation ◽  
Innovation Policy

scholarly journals Research of the synergetic Effects of the Impact of Innovative and Related Macroeconomic Factors on Economic Growth

2021 ◽  
Vol 25 (4) ◽  
pp. 98-109
Author(s):  
B. D. Matrizaev
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Technological Innovation ◽  
Positive Impact ◽  
Innovation Policy ◽  
Coordinated Development ◽  
Macroeconomic Factors ◽  
Long Run ◽  
Stable Growth ◽  
The Impact

This article examines the main mechanisms and tools for implementing innovation policy in countries with fastgrowing economies such as China and India. The study aims to explore the causal relationship between innovation, key macroeconomicvariables and economic growth.The author applies the entropy method and adapts the Graymodel to build a system of indices for assessing the coordination of the interaction of technological innovation, financial development and economic growth. The results show that the degree of integration of the financial system into innovation processes has a significant positive impact on the success of innovation, which is measured by patent activity. Our research proves that innovation indirectly affects economic growth through quality of life, infrastructure efficiency, employment, and rade openness. The findings of the research reveal that both economic growth and innovation tend to depend on a number of conjugate variables in the long run: capital, labor, etc. The author concludes that a comprehensive analysis of technological innovation, financial development and economic growth shows that the three-factor relationship has great potential for coordinated development, as a result of which, according to the calculated forecasts, economic growth in fast-growing economies will significantly accelerate its pace in the next five years. The subject of further research may be an analysis of whether the degree of conjugation of connectivity and coordination between the three systems will maintain stable growth at high values and whether they will be able to reach the stage of transformation.

Regional Impact of Innovation

2020 ◽  
pp. 254-270
Author(s):  
José R. Gutierrez
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Impact Assessment ◽  
Technological Innovation ◽  
Innovation Policy ◽  
Theoretical Knowledge ◽  
The European Union ◽  
Horizon 2020 ◽  
Regional Impact ◽  
Policy Program

Since the 1980s, a great deal of research has been carried out regarding endogenous economic growth. The focus has been specially put on the triangle of relationships among growth, territories, and innovation, and concepts as means of technological innovation have been extensively studied. In this context, this chapter does not pursue to enhance theoretical knowledge on this topic, but, on the contrary, it intends to remark conclusions previously reached by contrasting them with the implementation of a specific innovation policy program. To achieve this objective, an analysis is made of the European Union programme to foster R&D called Horizon 2020 (H2020). Also, it shows the case of an H2020 Project from the 2015 call, applying an impact assessment analysis.

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