The Impact Of Different R&d Input Channels On The Technological Innovation

High tech industry is the guide industry of national economy. Recent years,with the development of high tech industry and its technology innovation arestudied more and more, has become a research hotspot. On the ground of theadvanced thoughts and methods at home and abroad, this paper designed aknowledge production function model by selecting the panel data of2003-2010years of high technology industry, and makes an empirical analysis about the effectof different R&D expenditure of research on China high tech industrytechnological innovation. During the empirical analysis, firstly, this papercalculated three kinds of R&D expenditure of research how influence high techindustry technological innovation, and further analysis on China’s Regional Paneldata. The main conclusion of:First, In our country hi-tech technology innovation activities, R&Dexpenditure of research and new product production value existence a stablerelationship,enterprise R&D funds for technological innovation effect is mostobvious, secondly government funding of science and technology, in contrast, theeffect of venture capital investment minimum.Second, Between the R&D expenditure of research on China high techindustry technological innovation, Enterprise R&D funding increases and Chinesehigh-tech industry new product production value growth has shown a Significantpositive correlation, especially in Shenzhen, Shanghai, however the effect ofventure capital and governmental S&T input on technological innovation in hightech industry output in each region between a larger difference should lumptogether, needing to vary from place to place.Third, the Developed area of provide a comprehensive economic power forhigh technology industry innovation support than the relatively backward area.Finally, this paper put forward some recommendations in order to promoteChina’s high tech industry technological innovation level.