R&D Spillover Effect between Chinese Industrial Sectors
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| Title | R&D Spillover Effect between Chinese Industrial Sectors
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| Author | Zhu Pingfang, Xiang Gede and Wang Yongshui |
| Organization | Research Center of Econometrics, Shanghai Academy of Social Sciences；Shenyin Wanguo Futures |
| Email | pfzhusass@126.com；xianggede@gmail.co；wangyongshui@gmail.com |
| Key Words | industrial sectors; R&D; spillover effect |
| Abstract | From this perspective of independent innovation, it is a strong practical significance to study local R & D spillover between industrial sectors. According to the characteristics of industrial sectors, R & D spillover can be studied from two dimensions, namely vertical and horizontal spillover, and vertical spillovers can be further divided into forward and backward spillover. This paper regards 33 industrial sectors of China between 1998-2008 panel data as the object, and analyzes the features of these two dimensions R & D spillover. It is found that that the asymmetry of vertical spillover effects and the forward spillover is not significant, with the significance of backward spillover and horizontal spillover. The 33 industries are divided into high-tech industries and low technology industries according to the technical level, and the local R & D investment is found to exhibit the substitution effect with high-tech industry R & D investment in the level of horizontal spillover and the complementary effects with low-tech industries R & D investment in the backward and horizontal spillover. |
| Serial Number | WP682 |
| Time | 2014-09-02 |
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