R&D Investment and Regional Balanced Economic Development: the Impact of Regional Innovation Network and Government Subsidies

Proceedings of the 9th International Conference on Management of e-Commerce and e-Government Pub Date : 2022-07-07 DOI:10.1145/3549823.3549836

Lin Liang, Bo Yu, Dan Xu

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Abstract

This paper investigates the impact of government subsidies on research and development (R&D) investment and their wider economic effects. Moreover, this paper examines the moderating effect of regional innovation network level on the relationship between R&D investment and balanced economic development. The empirical analysis employs an econometric model using a panel of Chinese provincial data from 2014 to 2020. The results indicate that R&D investment has a significant single threshold effect on regional balanced economic development. As government subsidies exceed a first threshold value, the effect of R&D investment increases on regional balanced economic development. Regional innovation network level strengthens the positive effect of R&D investment on regional balanced economic development. The findings have important insights regarding the role of R&D investment in promoting regional balanced economic development in an innovative collaboration context and improve our understanding of the role of government subsidies for the relationship between R&D investment and regional balanced economic development.

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研发投入与区域经济均衡发展:区域创新网络与政府补贴的影响

本文研究了政府补贴对研发投资的影响及其更广泛的经济效应。此外，本文还考察了区域创新网络水平对R&D投入与经济均衡发展关系的调节作用。实证分析采用计量经济模型，选取2014 - 2020年中国各省数据进行面板分析。研究结果表明，R&D投资对区域经济均衡发展具有显著的单门槛效应。当政府补贴超过第一阈值时，R&D投资对区域经济均衡发展的作用增强。区域创新网络水平增强了研发投入对区域经济均衡发展的正向作用。研究结果对创新合作背景下R&D投资对区域经济均衡发展的促进作用有重要启示，并有助于我们更好地理解政府补贴在R&D投资与区域经济均衡发展关系中的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Proceedings of the 9th International Conference on Management of e-Commerce and e-Government

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