Innovation Efficiency Research of Shandong Province under Innovation-driven Strategy

Innovation is the source of a nation's power, and the proposition of innovation strategy has guided the direction for national economic development.As to Shandong Province, how to enhance the provincial comprehensive strength and improve innovation efficiency is a problem worth discussion.Analyzing innovation input and output of Shandong Province during last five years, there is still redundancy and relaxation existed.This analysis fully reflects the execution and popularity of innovation strategy in Shandong, but there are still spaces for improvement of innovation efficiency.There has been a long-standing phenomenon of unbalance of economic developments in various regions within Shandong Province, but the fundamental cause is that the innovation ability and efficiency varies from one region to another.Therefore, innovation ability is the most competitive inner power of a city or a region.It is clearly proposed at the 18th Party Congress that "to implement an innovation-driven development strategy and to place innovation at the core of the country's overall development".Since the year 2013, Shandong Province has been initiatively transforming economic development mode, which has achieved certain accomplishments, and the comprehensive innovation ability has been ranked to top six in China, at the same time there have been gradual improvements at various aspects with the innovation-driven strategy of transformation reform.Significant regional development has been taking place on aspects such as simplifying administration and decentralization, commercial system reform, especially state-owned enterprises reform and finance reform, which fully reflects that Shandong has been improved steadily under the innovation-driven strategy.While on the other hand, it is not difficult to see that comparing with other economic strong provinces in China, there is still a certain gap for Shandong to improve, which has the theoretical and practical significances on the research of innovation-driven power of Shandong Province.Objectively to say, despite the high downward pressure, various economic precautions have been taken under all sorts of difficulties, to ensure the economic stability and improvements of Shandong province.Innovation-driven strategy is a must to promote transformation development.Since ancient times, Shandong Province has been taking a unique geographical position with both active sea transportation of coastal areas and multiple economic patterns of inland areas, which is suitable for implementing and developing innovation-driven strategy.On our way to establish an innovative country, especially under the driving strategy on which General Secretary Xi Jinping and new generations of national leaders emphasize, innovation-driving is a significant developing strategy of China's new developing direction.During the process of Shandong's economic transformation on next step, examples such as constructions of New Eurasia Continental Bridge, China-Mongolia and Russia international aisle will be treated as a reference, and to support the Rizhao Harbor to be constructed as an ocean exit of Mongolia, as well to try to open "Qingdao-Xinjiang-Europe" and "Qingdao-Manzhouli-Europe" express freight train shifts.Under the influence of innovation-driven strategy, the regional layout of Shandong has achieved the "Two districts, One circle and One belt".The impacts of innovation-driven strategy of Shandong Province on innovation efficiency can be researched and proved on aspects as follows:4th Workshop on Advanced Research and Technology in Industry Applications (WARTIA 2018)