Can Individual Venture Capital Promote Regional Technological Innovation? -- Empirical Test Based on Chinese Provincial Data in 2016

DOI

10.2991/aebmr.k.191217.173How to use a DOI?

Keywords

Venture Investor, Regional Technological Innovation, Spatial Correlation

Abstract

Based on the sectional data of 28 provinces in China in 2016, this paper analyzes the dynamic relationship between individual venture capital and regional technological innovation by using non-spatial linear regression model and relevant spatial model. The research shows that there is a significant positive correlation between individual venture capital and technological innovation under the non-spatial model, that is, individual venture capital can effectively promote the development of technological innovation. However, after the introduction of spatial variables, the spatial autoregression coefficient and spatial error coefficient of the model are not very significant, so the data should be further improved and further studies should be conducted.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ning Sun
PY  - 2019
DA  - 2019/12/20
TI  - Can Individual Venture Capital Promote Regional Technological Innovation? -- Empirical Test Based on Chinese Provincial Data in 2016
BT  - Proceedings of the 2019 International Conference on Economic Management and Cultural Industry (ICEMCI 2019)
PB  - Atlantis Press
SP  - 1013
EP  - 1016
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.191217.173
DO  - 10.2991/aebmr.k.191217.173
ID  - Sun2019
ER  -