Technology Innovation, Technology Introduction and the Transformation of Economic Growth Pattern
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| Title | Technology Innovation, Technology Introduction and the Transformation of Economic Growth Pattern
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| Author | Tang Weibing Fu Yuanhai and Wang Zhanxiang |
| Organization | Hunan University of Commerce,Guangzhou University,Jiangxi University of Finance |
| Email | twb62079@163.com,fuyuanhai1126@163.com, |
| Key Words | Technology innovation; Technology introduction; Imitation innovation; GMM |
| Abstract | Technology progress is the result of technology innovation or technology introduction, and is reflected through promotion of the total factor productivity. But technological innovation or technology introduction to improve the total factor productivity is only the necessary conditions for technological innovation or technology introduction to promote the transformation of economic growth mode, but not the sufficient condition. Technology innovation theoretically had uncertain role on the change of the pattern of economic growth because of the influence of technology introduction dependence, opportunity cost of technology innovation and reverse spillover effect of domestic enterprises. The role of technology introduction is uncertain on the transformation of economic growth pattern because of the influence of the technology gap between domestic enterprise and foreign enterprise and absorption capacity of domestic enterprise. The empirical analysis is made by dynamic panel estimation with 28 area panel data from 1996 to 2011. The results show that technical innovation has significant negative effects on intensive level of economic growth, spillover effect of FDI technology and imitation innovation have significant positive effect on the intensive level of the economic growth. Therefore, further expand for the opening to the outside world, the strategy of technology introduction continues through the inflow of FDI, the digestion of import technology would be strengthened, the intensity of technological innovation and personnel training would increased efforts, the ability of technological innovation would be consolidated and enhanced. |
| Serial Number | WP600 |
| Time | 2014-01-28 |
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