Power Of Policy,Policy Tool Combination And Regional Innovation Performance

In the background of the development of economic globalization,in order to improve its core competitiveness and international status,China has put forward an innovation-driven development strategy to speed up the pace of building an innovationoriented country.As an important driving force of regional economic development,regional innovation plays an important role in improving regional innovation performance.As a new technological innovation mode,the industry-university cooperation can promote the technological innovation.However,the result of regional innovation performance is not so good.The regional innovation ability of our country is still in a backward state,and the transformation rate of scientific and technological achievements is low.The policy of industry-university cooperation is the main means for the government to support the industry-university cooperation.It can guarantee smooth development of industry-university cooperation.Freeman(1987)argues that government policy plays a very important role in national innovation systems.There are lots of researches on the impact of government policies on innovation performance,but lack of research on the effect of policy tools combination,and little literature on the impact of policy of industry-university cooperation on innovation performance.Based on the perspective of policy tools,this paper uses the content analysis method to quantify the policy,and makes an empirical research on the relationship between the policy of industry-university collaboration and regional innovation performanceFirst this paper collects the policies of industry-university cooperation of 14 provinces and China from 1999 to 2014.And according to the research of Rothwell & Zegveld(1985),we has classified the policy tools.Then the paper sets up quantification standards to measure the policy and analyzes its evolution trend.In order to analysis the differences of the policies in different regions,14 Provinces are divided into three types by cluster analysis.Then taking the panel data of science and technology innovation of 14 provinces as the research object,this paper establishes the econometric model to study the impact of policy of industry-university cooperation on regional innovation performance.Finally,based on the quantitative analysis results,the supplyoriented,environment-oriented and demand-oriented policies are classified into three types: high,medium and low.Then we get four types of policy instrument combination and examine the impact of different policy instrument combinations on regional innovation performance.The results show that:(1)there are structural imbalances between the policies of of industry-university cooperation,environment-oriented policy tools is overshoot,but demand-oriented policy is lack.(2)The policy has a positive impact on regional innovation performance,and the impacts of different policy instruments on the performance of different regional innovation are different.(3)Three types of policy are showing an inverted U-shaped relationship with turnover of technology market and the output of new products.(4)There are differences in regional innovation performance under different policy tool combinations,and it is not necessarily that the higher the comprehensive support of the policy tools,the greater the impact on regional innovation performance.According to the above conclusions,the corresponding policy recommendations are put forward to provide some practical references for the governments of different regions when formulating and selecting the corresponding policies of industry-university collaboration and its combination according to their own development plans.