The influence of the input factor on innovation in China – an empirical study based on an innovation production model

摘要：

This paper studies the influence of venture capital and other input factors on innovation in China. We use a model comprising both Capital input and Labour input. In particular, we consider venture capital investment, R&D expenditure and Government S&T appropriation as Capital input. The empirical result shows that Capital has a significant positive influence on innovation, Labour has a positive influence on innovation but not very significant and capital has a bigger influence on innovation than Labour does. Moreover, we find that R&D expenditure has a very significant influence on innovation, whereas the influence of venture capital and Government S&T appropriation are not significant.

作者: XIANG Aixu LU Wei

作者单位: University of Science and Technology of China Hefei, P.R.China, 230026 School of Management University of Science and Technology of China Hefei, P.R.China, 230026

会议类型: 国际会议

会议名称: 4th Conference on System Science,Management Science & System Dynamics(第四届系统科学、管理科学&系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 169-174

在线出版日期: 2010-12-10（万方平台首次上网日期，不代表论文的发表时间）