Research On R&d Spillover Effect On Economic Growth

R&D’s influence on economic growth has been attention by scholars, both in the traditional economic theory and new economic theory has does a lot of research on this issue. In the affirmation of R&D’s promoting effect on economic growth, at the same time, the scholars also talking about the R&D spillover effects on economic growth, the focus of the discussion focused on R&D overflow between the regional a nd industry, and the high technology industry has been greatly concerned, but scholars ignores the traditional industry witch has important effect to the economic. In this paper, by using the theory of new economic growth and spatial econometric research methods, from the traditional and high technology industry perspective, analyzes the R&D spillover effects on economic growth. The study of the impact on economic growth of R&D of our country has a reference value, It’s provide the reference basis for policymakers to reasonable and effective use R&D spillover to promote china’s economic growth and the development of high technology industries and traditional industries. At the same time, this study also provides the relevant empirical evidence for the new economic growth theory.First of all, this article combed the R&D spillover effects on economic growth of related basic theories, these theories including the theory of R&D spillovers, economic growth theory, and R&D spillover effects on economic growth mechanism etc. Combing these theories can help to understand the inner mechanism of the R&D spillover on economic growth, which provide solid theoretical support for the follow-up study of this paper.Second, in the study of R&D spillover effects on economic growth, we need to use spatial econometric methods, so the systematic introduction to this method is necessary. These theories we need know include the R&D spillover theory, the theory of economic growth and R&D spillover impact on economic growth mechanism,which on the one hand can clear understand about spatial econometrics, on the other hand, provide a better understanding of our research results to empirical research.Again, in this paper, by means of statistical description and space by simply analysis to our country high technological industries and traditional industry of the integral space layout, location distribution, thus two industry development trend in china have a whole grasp, qualitative understanding, exploratory analysis showed that the two kinds of industry related to R&D spatial correlation exists, it can provide the necessary evidence for our subsequent work of spatial econometric analysis.Finally, with the related theories and research methods of bedding, in this paper, using spatial econometric analysis method, the empirical part of high technological industries and traditional industry of our country’s R&D spillover effects on economic growth has carried on the empirical analysis, the analysis results show that the high technological industries and traditional industries in china R&D spillover on china’s economic growth has a promoting effect, the traditional industry of R&D spillover was not so poor the research conclusion, based on these research results, this paper gives the human capital training, such as increasing capital investment, pay attention to accumulation and attaches great importance to the traditional industry R&D spillover effect and a series of corresponding policies and Suggestions, hope to provide reference for policy makers and related researchers.