A Study On Production Function Of R&D In Universities Of China

In the knowledge-based economy epoch, the competitiveness of comprehensive national strength is based on the strength of a nation’s science. The R&D of universities is an essential part in every nation’s system of R&D, which will influence the development of a country’s economic and the international competitiveness, so more and more countries spare no effort to invest in the R&D of universities. The R&D of universities has be one of topics the researcher concerned about.In this paper, we will do the research about the relationship of input and output of R&D in the universities and get the production function of R&D in universities of China. This paper will assist the administrators of universities in China in understanding the process of R&D in their school, so they can allocate education resources rationally. Then we hope our work can improve the efficiency of the R&D in universities and solve the unbalance of regional distribution of universities.Firstly, in this paper, we will briefly analysis the input and output of the R&D of universities in our country from2007to2012, so we can understand the problems of the R&D. Secondly, a production function of R&D will be built and we will do an empirical study on production function of R&D based on64universities directly under the Ministry of Education. The empirical study finds that the input of human and capital and the activities of academic exchanges have positive impacts on the production of academic paper. However, in a province with more high-quality universities, there will be more competitiveness about human resource which will reduce the production of academic paper. When we consider all of the production of R&D which includes the academic paper, the academic writing, the patents and so on, we find that only the input of human and capital will have positive impacts.