On The Impact Of Innovation Path Choice On High-tech Industry Export

Now,China is in a key period of industrial updating,when high-tech industry is gradually becoming the core industry of China's national economic development.Based on previous researches,innovation is the source of export growth for high-tech industries.Therefore,the author of this thesis attempts to study how the innovation path selection impact China's high technology.The author uses the panel data of 27 provinces from year 2001 to year 2016 to do empirical analysis of this study.Then,based on the existing researches,the author of this thesis divides innovation path into three forms:(a)developing own in-house technology;(b)importing and digesting foreign technologies;(c)buying and reforming technologies from domestic firms.Then the author of this thesis study the impact of different innovation paths on high-tech industry exports.In order to consider the regional differences in the impact of innovation on high-tech industry exports,this thesis also uses FGLS estimation method to study the impact of different innovation paths on the export of high-tech industries in the three major regions of eastern,central and western regions.The result of this thesis shows that: Firstly,developing own in-house technology can markedly improve the export of high-tech industries in China,but there is regional heterogeneity among different regions.Secondly,importing and digesting foreign technologies cannot markedly improve the export of high-tech industries in China.Thirdly,buying and reforming technologies from domestic firms can markedly improve the export of high-tech industries in China,but there is regional heterogeneity among different regions.Therefore,based on the result of this thesis,the author of this thesis advises that different regions in China should select different innovation paths based on the basic rules of technological evolution,government and financial institutions should expand the financing channels for high-tech industries,government should balance the export development of high-tech industries among regions through differentiated export incentives.