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China's Technology Innovation Input And Economic Growth

Posted on:2009-08-31Degree:MasterType:Thesis
Country:ChinaCandidate:D W LiuFull Text:PDF
GTID:2189360242998380Subject:National Economics
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In the 21st century,the world economy changes much,and the knowledge-based economy is taking place of the previous industrial economy. In the context of the knowledge-based economy,people increase emphasis on technological innovation in the role of economic growth. Joseph Alois Schumpeter in its "economic development theory" pointed out that clearly not capital and labor,but innovation is the fundamental reason for the development of capitalism."Innovation is the soul of a nation's progress,the prosperity of a country and an inexhaustible motive force",scientific and technological innovation has become a source of economic growth and an inexhaustible motive force,which break through the key bottlenecks of economic growth. However,different countries have their own national conditions and stages of development,and innovation in the impact on economic growth vary considerably. Only based on national conditions,we can explore China's economic sustainable development.Since reform and opening up, China's economy has experienced 20 years of rapid growth. But in recent years,China's economic growth rate is much lower than the growth rate of capital investment,indicating that China's economic growth is low quality,low efficiency of high growth. And rely on capital,labor,labor input of high growth,according to the marginal decline of productivity,economic growth will be bound to the bottleneck,and breakthroughs in technological innovation is the key bottlenecks of economic growth. In this context,this paper takes "China's innovation investment and economic growth" as a study,research the relation between innovation investment and economic growth from 1985 to 2006. Such research directly related to China's scientific development and sustainable development. It has important theoretical and practical significance to the transition period of China. This study is that:From the theory about the technical innovation and economic growth ,make clear the mechanism of technological innovation,significance and measurable indicators,construct a multiple regression model about economic growth ,capital,labor,technological input (R & D investment,R & D staff input). Based on the measurement data analysis about China from 1985 to 2006,this paper finds that China's economic growth mainly relied on capital input and labour,the role of R&D investment and R&D staff input is small. By international comparison,the paper find that although China's R&D investment has grow steadily,but there is still a big gap of R&D investment in capital intensity between the developed countries;although China's R&D staff number has been forefront in the world,comparing with developed countries,R&D staff in a very low intensity,high-level talent is still a shortage of high-level personnel,at the same time,most of which is concentrated in the universities and research institutes,few of which work in enterprises and enterprises has not yet truly become a mainstay of technological innovation,and R&D staff per capital share of R&D is in low volume. Finally,this paper points out the relevant policy recommendations.This paper is divided into 5 chapters whose structure and main contents are as follows:Chapter 1:Introduction. Recall technological innovation and economic growth theory,make clear that technological innovation is the important role of economic growth and point out that study contents,methods,structure and innovation.Chapter 2:technological innovation mechanism and significance. This chapter points out science and technology activities and research and experimental development(R&D) role respectively,the operation mechanism of science and technology and the significance of technological innovation. Finally,this chapter gives out the target to technological innovation. Chapter 3:Empirical analysis on China's economic growth and innovation. Nearly 20 years,the Chinese economy has great development. According to statistical data in the 1985-2006 years,China's real GDP annual growth rate is 9.65 percent. However,this study found that China's sustained and rapid economic growth was mainly relying on a substantial increasing in captal,labor and large-scale utilization of natural resources,but the role of technological innovation and research is low.Chapter 4:International comparison on technological innovation. Through technological innovation in the international comparison,China's R&D investment is in absolute terms lower than Japan,the United States, Germany,France and other developed countries,while China's R&D investment intensity lower than developed countries. China R&D staff number has been forefront in the world,but China R&D personnel in the low intensity,and high-level talent is still scarce,and mostly concentrated in high-level universities and research institutes,enterprises have not yet truly become the main innovation.Chapter 5:Conclusions and policy recommendations. Looking back on this process,this chapter sums up the conclusion of the study,and gives the relevant policy recommendations,points out the lack of paper and subsequent research prospects.
Keywords/Search Tags:economic growth, technology innovation input, R&D
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