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Statistical Research On Social Capital, Technological Innovation And Economic Development

Posted on:2021-01-24Degree:DoctorType:Dissertation
Country:ChinaCandidate:F Z XuFull Text:PDF
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The early economic growth theories mainly focused on examining the power and source of economic development from the perspective of physical capital,human capital,technological innovation and other economic factors.However,the traditional economic factors have failed to explain some countries or regions,have similar physical capital accumulation and human resource endowments,but show different levels and performances in terms of economic growth rate and quality,technological innovation capability.With the deepening of normative analysis and empirical analysis,the theory of social capital advocates the use of non-economic factors such as trust,social norms and regulations,social networks and interactive interactions to study economic phenomena.In 1995,The World Bank first published the measurement index of global regional economic development,which included social capital elements into the index system.In the new edition of the Palgrave Economics Dictionary in 2008,production capital and social capital were included as an independent entry in the dictionary.The world values survey and the European values survey also include social capital factors.So far,the concept of social capital has generally been recognized by economists.The theory of social capital embedded in the framework of economic development from the perspective of sociology has become a new paradigm for studying economic phenomena.In the process of studying and exploring china's economic growth,the analysis of traditional capital elements can not fully explain the current situation of China's economic development,so from the perspective of social capital to explain the situation of China's regional economic development,study the impact of social capital on regional economic development,it is of great theoretical and practical significance for the sustainable and healthy development of economy.In the past 40 years of reform and opening up,China's economic development has made remarkable achievements,but the economic development mainly relies on large-scale input of factors,while human capital and technological progress contribute relatively less to economic development,resulting in the expansion of economic scale and the inconsistency of economic growth quality and efficiency.To realize the transformation of the economic development mode under the new normal,the most thing is to accelerate the shift from element-driven and investment-driven development to innovation-driven development.However,technological innovation is a complex system,which is the result of the interaction of multiple subjects and multiple elements.The process of technological innovation is not only related to the scale and efficiency of science and technology resource elements,but also closely related to all aspects of the social and economic environment,social capital is an important embodiment of the social and economic environment and an important support for technological innovation.The technological innovation in the era of knowledge economy presents a new trend of accelerating the pace of innovation,shortening the cycle,increasing the difficulty and increasing the cost,the social capital characterized by trust,information sharing and social network can speed up the dissemination and diffusion of technical knowledge,promote effective integration of scientific and technological resources,reduce transaction costs,improve transaction efficiency and so on,so as to be conducive to technological innovation.Achieving economic development and technological innovation to improve quality and efficiency is an important trend for China's economic intensive growth and intrinsic growth,and plays an important role in promoting sustainable economic development under the new normal.Economic development can be measured from both economic growth and total factor productivity,economic growth reflects the expansion of economic scale,and total factor productivity reflects the quality of economic quality.Similarly,technological innovation can be measured from both innovation performance and innovation efficiency,innovation performance reflects the scale of output of technological innovation,and innovation efficiency reflects the quality of output of technological innovation.At the same time,from the perspective of value chain,the process of technological innovation can be divided into two stages,technological development and achievement transformation.The stage of technological development reflects the intermediate output of innovation,and the stage of achievement transformation is the realization of commercial value of new products and technologies.Based on the above background,this paper uses social capital theory as the starting point to explore the impact mechanism of social capital on economic growth,total factor productivity,innovation performance and innovation efficiency.Further,one of the important ways for social capital to influence economic development is through the indirect role of technological innovation.Therefore,it also examines the intermediary mechanism of innovation performance and innovation efficiency in the relationship between social capital and economic growth and total factor productivity.The dissertation consists of seven chapters:The first chapter is the introduction,firstly,it introduces the research background and significance of the paper,on this basis,it proposes the research content and methods,finally it gives innovation and deficiency.The second chapter is literature review.Firstly,domestic and foreign research achievements on social capital theory are summarized,mainly describes the definition,hierarchy and core dimension of social capital.Secondly,reviews the relationship between social capital and technological innovation from the perspective of innovation output and innovation efficiency,and also reviews the literature on innovation efficiency measures and influencing factors.Thirdly,Sorts out the relationship between social capital and economic development from the perspective of economic growth and total factor productivity.Then examine the relationship between technological innovation and economic development from the perspective of innovation output and innovation efficiency.Furtherly,many scholars have found that social capital can affect economic development through the mediating effect of technological innovation.Finally,the related literature is reviewed.The third chapter is the analysis of the influencing mechanism of social capital,technological innovation and economic growth.Firstly,it introduces the development course of social capital theory and the measurement of social capital.Secondly,the influence mechanism of social capital on technological innovation in connection dimension,structure dimension and cognitive dimension is analyzed.Thirdly,describes the six methods in which social capital affects economic development through physical capital,human capital,transaction costs,resource allocation efficiency,government management quality,and technological innovation.Then,the theoretical foundation of technological innovation affecting economic development is explained from the perspective of neoclassical economic growth and endogenous economic growth.Finally,a theoretical model of the influence of social capital on economic development under the path of technological innovation is constructed.The fourth chapter is the statistical analysis of social capital,technological innovation and economic growth.The first is the analysis of the overall situation of Chinese social capital,which is mainly based on the connection dimension,structural dimension and cognitive dimension of social capital,using mutual communication and information sharing,social network and trust as the measurement indicators.The results shows that the number of internet users and the number of telephone users in China has increased rapidly,the number of social organizations is large and the development is relatively rapid,the social network is relatively developed,at the same time,social trust is gradually improving.Overall,China's social capital level is on the rise.Secondly,it analyzes the overall situation of China's science and technology innovation,mainly from the five aspects of China's technological resources' capital and personnel input structure,technological output and achievements,input-output ratio,and international comparison,the results shows that China's s technological capital and personnel input,scientific and technological output and achievements are growing at a fast speed,but it faces the problems of unreasonable input structure of technology resources,low technical content and input-output efficiency,and significant gaps in technological innovation capabilities with technological powers.Finally,the analysis of the overall situation of China's economic growth,the results shows that China's economic aggregate has been steadily increasing,the economic growth rate has slowed down,the industrial structure needs to be upgraded and optimized,and the per capita GDP and tertiary industry accounts for GDP are significantly lower than that of developed countries,therefore,it is necessary to change the mode of economic growth.The fifth chapter and the sixth chapter are the empirical research part of this paper,which mainly includes four aspects.Firstly,based on the value chain perspective,technology innovation is divided into two stages,technology development and achievement transformation,in terms of the mechanism and path that social capital influences the performance and efficiency of innovation in two stages,U-shaped hypothesis of the relationship between social capital and innovation performance and efficiency in two stages is proposed.Secondly,based on the two perspectives of economic development,the hypothesis of social capital and economic growth and total factor productivity U-shaped relationship is proposed in terms of the mechanism and path of social capital affecting economic growth and total factor productivity.Thirdly,based on the indirect effect of technological innovation,the hypothesis of intermediary mechanism between two-stage performance and two-stage efficiency in the relationship between social capital and economic growth and total factor productivity is proposed.Finally,based on the panel data of 30 regions in China from 2001 to 2016,the panel data model,stochastic frontier production method and mediation effect model are used to verify the proposed hypothesis.The seventh chapter is the research conclusions and policy recommendations.On the basis of the previous analysis,the main research conclusions of this paper are expounded,and then the policy recommendations for improving China's technological innovation ability and promoting sustainable economic development are put forward.
Keywords/Search Tags:Social Capital, Innovation Two-stage Performance, Innovation Two-stage Efficiency, Economic Growth, Total Factor Productivity
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