Title :
Study on the lagged effects between national innovation capability and innovation investment within the Group of Twenty based on grey correlation analysis
Author :
Wang Dan ; Zhao Xin-li ; Zhang Zhen-shan
Author_Institution :
Sch. of Manage., Harbin Inst. of Technol., Harbin, China
Abstract :
This paper establishes the evaluation index system according to the characteristics of the national innovation system, constructs a time-lagged analysis model based on grey correlation analysis method, takes the patent application and the innovation investment of the Group of Twenty (G20) from 2000 to 2012 as the reference sequence and comparative sequence, respectively. The grey correlation grades in different lagged steps are calculated. The results show that most of the innovation investments drive the improvement of the national innovation capability with lagged effects in G20.
Keywords :
grey systems; innovation management; investment; patents; G20; Group of Twenty; evaluation index system; grey correlation method; innovation investment; innovation investments; national innovation capability; national innovation system; patent application; time-lagged analysis model; Correlation; Economic indicators; Indexes; Investment; Patents; Technological innovation; G20; capability; grey correlation analysis; innovation; investment; lagged effects;
Conference_Titel :
Management Science & Engineering (ICMSE), 2014 International Conference on
Conference_Location :
Helsinki
Print_ISBN :
978-1-4799-5375-2
DOI :
10.1109/ICMSE.2014.6930423
