Title :
Empirical analysis on factors affecting R&D spillovers
Author_Institution :
Guangdong Univ. of Finance, Guang Zhou, China
Abstract :
The article builds a model of factors affecting R&D spillovers and makes use of GMM to have an empirical test. We found that variables such as institutional factors, R&D intensity, human capital, industry growth and industry innovation capacity significantly affect R&D spillovers. However, the role of various elements on R&D Spillovers is different in different models. In the model of international inter-industry R&D spillovers, the coefficient of R&D intensity is the most. While in the model of domestic inter- industry R&D spillovers, the role of human capital is the largest, followed by the industry growth. In the model of domestic intra- industry R&D spillovers, the order of affecting factors is consistent with inter- industry R&D spillovers model´s.
Keywords :
innovation management; statistical analysis; GMM; R and D intensity; domestic interindustry R and D spillovers; human capital; industry growth; industry innovation capacity; institutional factors; international interindustry R and D spillovers; research and development spillovers; Absorption; Analytical models; Economics; Humans; Industries; Mathematical model; Technological innovation; GMM; R&D; affecting factors; spillovers;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2012 International Conference on
Conference_Location :
Sanya
Print_ISBN :
978-1-4673-1932-4
DOI :
10.1109/ICIII.2012.6339715