Research on the Driving Effect of Technological Convergence Innovation on the High Level of Industrial Structure: Based on the Perspective of Vertical Knowledge Spillovers

Abstract

Abstract: This paper creatively puts forward the concept of technology integration innovation and constructs a vertical knowledge spillovers spatial weight matrix from the perspective of forward knowledge spillovers and backward knowledge spillovers and a two-regime spatial econometric model to empirically research the driving mechanism and spatial effects of technologically integrated innovation on the heightened industrial structure. The results show that technological integration innovation has regional agglomeration characteristics. The external performance of the technology integration innovation in the region significantly drives the industrial structure heightening of the surrounding area. High-tech industries in the provinces (excluding Tibet) have significant vertical knowledge spillover effects on low- and medium-tech industries. The results also show that provincial high-tech industry incurs backward knowledge spillover to adjacent areas mainly through the form of technology spillovers to promote the industrial structure heightening of low-tech industries in neighboring regions. The provincial low-tech industry incurs forward knowledge spillover to adjacent areas mainly through the form of imitate innovation to promote the industrial structure heightening of high-tech industries in neighboring regions. Institutional quality, foreign trade dependence, investment in R&D staff and financial development degree promote industrial structure heightening through the positive role in technology integration innovation.

Key words: technology integration innovation, industrial structure heightening, driving effect, vertical knowledge spillovers, two-regime spatial econometric model

Zhou Xuan, Tao Changqi. Research on the Driving Effect of Technological Convergence Innovation on the High Level of Industrial Structure: Based on the Perspective of Vertical Knowledge Spillovers[J]. Management Review, 2021, 33(7): 130-142.

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