A Spatial Econometric Analysis of FDI and Innovation of Zhejiang Non-state-operated Scientific and Technological Enterprises
On the basis of current literature review,this paper puts forward the point to study the relation between FDI and technology innovation of the non-state-operated scientitic and technological enterprises in the Zhejiang province from the view of Spatial Econometrics (SE).Drawn on the experience of Griliches’Knowledge Production Function (KPF)，it constructs the updated KPF model.Under the frame of the updated KPF model.zone innovation output is of spatial correlation.According to the theory of spatial econometrics.it makes an empirical analysis for the effect of FDI.R&D expenditure and R＆D personnel to technology innovation,taking the advantage of the Spatial Error Model (SEM).As a result,the spatial error coefficientλis 0.866.which goes through the significance test and indicates that there are obvious effects of zones innovation spatial spillover in the Zhejiang province.The coefficient of FDI and R＆D expenditure is positive and goes through the significance test,which indicates their noticeable positively spatial diflusion (spillover) effect on the zone innovation output.Bnt R＆D personnel have an opposite effect,which indicates that the R＆D emciency is lower though the Full-time Equivalent (FTE)of R＆D Personnel is larger.Therefore.the R&D expenditure with supporting policies should be increased successively at first. Secondly,it is necessarv to optimize the soft environment for investment to attract FDI.Third.the quality of R＆D personnel is vital，but not its quantity.
Foreign direct investment(FDI) Non-state-operated scientific and technological enterprises Knowledge production function(KPF) Moran’s I index Spatial econometric Spatial lag model(SLM) Spatial error model (SEM)
Kun-yang WAN Jun LIU
Zhejiang Water Conservancy and Hydropower College,Hangzhou,P.R.C.310018 School of Management,Zhejian Zhejiang Water Conservancy and Hydropower College,Hangzhou,P.R.C.310018
国际会议
The Second China Private Economy Innovation International Forum(第二届中国民营经济创新国际论坛)
浙江台州
英文
321-325
2009-08-21（万方平台首次上网日期，不代表论文的发表时间）