WHICH IS BETTER INNOVATIVE INVESTMENT An Empirical Analysis of Statistics from Chinese Industrial Undertakings
The analysis of this paper proves that, due to the differences in terms of characteristics of technology and economy between the developing countries or less-developed regions and the developed countries, and the industrial structure in these regions is located in the non-frontier, so the effects of various innovative investment modes in technological innovation differ from that in the developed countries. The significant relation, i.e. the effects of current venture investment in US is three times of the R&D investment effects, turns out to be the fact that the R&D investment produces four times effects than the venture investment effects in China. Therefore, as to current industry system of China, venture investment is definitely not the best innovative financing method, while the R&D investment may be much better.
Technical innovation The relations of innovation capital and characteristics of technology and economy
Zongyuan Huang
School of Economics and Management, Beijing Jiaotong University, Beijing 100004, China; School of Economics and Management, Guangxi Normal University, Guilin 541004, China
国际会议
13th International Conference on Enterprise Information System(第13届企业信息系统国际会议 ICEIS 2011)
北京
英文
1193-1204
2011-06-08（万方平台首次上网日期，不代表论文的发表时间）