How Does Regional R&D Investment Agglomeration Affect High-Quality Economic Development? Evidence From China

Autor: Zhang Meili, Li Baizhou
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: SAGE Open, Vol 13 (2023)
Druh dokumentu: article
ISSN: 2158-2440
21582440
DOI: 10.1177/21582440231211101
Popis: In order to reduce the environmental pollution of economic development, countries around the world pursue high-quality economic development model. However, the relationship between R&D investment agglomeration and high-quality economic development has not been thoroughly revealed in existing studies. Taking 30 provincial-level regions in China from 2009 to 2018 as research samples, this paper empirically examines the relationship between regional R&D investment agglomeration and high-quality economic development by using system GMM method and spatial econometric model. Theoretical analysis shows that regional R&D investment agglomeration promotes regional high-quality economic development by increasing regional knowledge capital, improving innovation efficiency, and promoting knowledge spillovers through scale effect, synergy effect, and spillover effect, respectively. The empirical results show that regional R&D investment agglomeration can significantly promote regional high-quality economic development. The degree of regional integrated innovation can positively adjust the promotion effect of regional R&D investment agglomeration on regional high-quality economic development. Regional R&D investment agglomeration can effectively promote the high-quality economic development of surrounding regions.
Databáze: Directory of Open Access Journals