Endogenous Growth Model and Error Correction Model of China’s Science and Technology Activity
Available Online August 2013.
- https://doi.org/10.2991/icemss.2013.12How to use a DOI?
- Science and technology activity, certificated patent, scientific paper, endogenous growth model, error correction model
- In present research on science and technology activity with economic growth being output, there are some research gaps such as shortage of theoretical model and simplex explanatory variable. In this paper, relations between input in science and technology and output of certificated patents and scientific papers are researched within research and development department. Following research results are gained. First, in three kinds of basic endogenous growth models, capital promotion endogenous growth model could explain China’s science and technology activities best. Second, intellectuals, apparatus and knowledge accumulation could significantly explain and exactly predict output of science and technology. Third, variability between patent model and paper model reflects their internal difference. It’s suggested to reinforce investment in apparatus for scientific research to raise integrated level of science and technology, and reasonably allocate input resources according to different demands in order to raise output efficiency.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yaozhong Chang PY - 2013/08 DA - 2013/08 TI - Endogenous Growth Model and Error Correction Model of China’s Science and Technology Activity BT - 2013 International Conference on Education, Management and Social Science (ICEMSS-13) PB - Atlantis Press SN - 1951-6851 UR - https://doi.org/10.2991/icemss.2013.12 DO - https://doi.org/10.2991/icemss.2013.12 ID - Chang2013/08 ER -