The Spatial Distribution of Innovation and Entrepreneurship Capability and Economic Growth Effect——Empirical Analysis Based on GMMSONG
Hong Fu
Abstract
Hong Fu
Abstract
This paper makes GMM analysis with 2000~2010 year' provincial panel data.It is found that innovation and entrepreneurship capabilities push regional economic growth.However,innovation has weak positive influence on total productivity national wise and entrepreneurship has less notable positive effect.Innovation and entrepreneurship capabilities have a 10% positive effect on high-tech region with less remarkable effect on other regions.Innovation pushes regional productivity while entrepreneurship capabilities have less remarkable effect.
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This paper makes GMM analysis with 2000~2010 year' provincial panel data.It is found that innovation and entrepreneurship capabilities push regional economic growth.However,innovation has weak positive influence on total productivity national wise and entrepreneurship has less notable positive effect.Innovation and entrepreneurship capabilities have a 10% positive effect on high-tech region with less remarkable effect on other regions.Innovation pushes regional productivity while entrepreneurship capabilities have less remarkable effect.
Key concepts: Entrepreneurship, Economic geography, Productivity, Panel data, Innovation economics, Distribution (mathematics), Business, Industrial organization