Does the Development of Technology Market Promote IUR Deep Innovation?

Abstract

Abstract: The development of the technology market(DTM) is becoming the main method to support Chinese innovation-driven development and enhance international competitiveness in the new era. Based on the panel data of 30 provinces in China from 2004 to 2017, this paper examines the impact of DTM on the IUR deep innovation and its regional differences with an IUR synergy innovation complex system. The results show that DTM promotes IUR deep innovation significantly and plays a more prominent role in the eastern areas. Further research shows that the regional government support, the level of information infrastructure and marketization can effectively strengthen the positive effects. Moreover, we find that the factors show obvious threshold effect and the impact of DTM on IUR deep innovation is obvious different when they are in different threshold intervals. This paper not only proves the effectiveness and importance of deepening the reform of science and technology system, but also offers some clear policy implications on promoting IUR deep innovation, promoting the level of scientific and technological innovation and accelerating the efficiency of scientific and technological achievements.

Key words: technology market, IUR deep innovation, complex system, threshold regression model

Shao Hanhua, WangYao, Luo Jun. Does the Development of Technology Market Promote IUR Deep Innovation?[J]. Management Review, 2022, 34(11): 99-108.

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