Private Investment In Research, And Regional Economic Growth

In our country, non-government investment plays a very important role for the promotion of economic growth. In Jiangsu, Zhejiang and Guangdong provinces, non-government investment makes up almost half of the whole fixed capital investment and it accelerates the economy develop fast. How to make non-government investment play a better role in promoting economic develop sustained and rapidly, it is a very worthwhile research. In this paper, the author uses regional economics and investment's basic theories and methods, first makes a commentary about non-government investment theories and the regional economic growth theories, then on the basis the author explains the relationship between non-government investment and regional economic growth. It will analyze the related mechanism of non-government investment and regional economic growth, including the function mechanism, the mechanism of supply and demand and the operative mechanism of non-government investment. The author establishes the distribution regress model of non-government investment and explains the function on the basis of data. The three affections model of non-government investment is established in this paper and it uses the date to explain some factors which need to be emphasized. Furthermore the author make cases study of Zhejiang and Hunan provinces' non-government investment and economic growth relations and make comparative study to explain the role of non-government investment and how to use it. The institution creation of non-government is also discussed in this paper.