Title :
An Application of Principal Component Analysis and Factor Analysis on Driving Force of Technological Innovation: Evidence from Eastern China
Author :
Zhang, Ming-hong ; Lin, Shao-Wei ; Yin, Xin-Ke
Author_Institution :
Dept. of Public Econ., Xiamen Univ., Xiamen, China
Abstract :
In this paper, we analyze the driving force of technological innovation based on Principal Component Analysis (PCA) and Factor Analysis (FA) using scientific and technological data from 8 relatively developed provinces (municipalities) in Eastern China. The results show that the influencing factors of technological innovation share high degree of correlation. Education, government investment, labor force input and R&D alliance are the determinants of innovation, and the comprehensive scores of three municipalities by both PCA and FA are higher than other provinces.
Keywords :
innovation management; principal component analysis; Eastern China; PCA; R&D alliance; education; factor analysis; government investment; labor force input; principal component analysis; technological innovation; Economic indicators; Educational technology; Humans; Investments; Local government; Marketing and sales; Principal component analysis; Research and development; Statistics; Technological innovation; Factor Analysis; Principal Component Analysis; driving force of technological innovation;
Conference_Titel :
Future Computer and Communication, 2009. FCC '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-0-7695-3676-7
DOI :
10.1109/FCC.2009.39
