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https://doi.org/10.1080/1331677X.2022.2120043

Driving effect of fiscal policy on regional innovation efficiency

Cui Li
Yawei Qi


Puni tekst: engleski pdf 1.995 Kb

str. 767-785

preuzimanja: 236

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Sažetak

This study uses a network data envelopment analysis (DEA)
approach to measure phased innovation efficiency to explore
how fiscal technology innovation policy drives the development
of regional innovation. A game model is constructed that includes
governments, enterprises, universities, and research institutes to
explain the influence mechanism. The innovation process is
decomposed into the transformation stage of scientific research
results and their commercial application. A Tobit model is used to
explain the effect of fiscal policy on innovation efficiency. These
methods led to novel conclusions: (1) the growth rate of innovation
efficiency in the first stage is greater with smaller regional
differences, with larger regional differences in innovation efficiency
in the second stage; (2) the intensity of fiscal R&D funding
in science and technology has a significant positive effect on
overall innovation efficiency and phased innovation efficiency;
and (3) the positive effect of fiscal R&D funding is greater on the
commercial application of scientific achievements. The targeting
effect of fiscal innovation policy on industry–university research
(IUR) cooperation needs to be improved through resource sharing,
joint participation, sharing of achievements, and risk sharing.

Ključne riječi

Fiscal policy; innovation efficiency; network DEA; Tobit model

Hrčak ID:

303753

URI

https://hrcak.srce.hr/303753

Datum izdavanja:

31.3.2023.

Posjeta: 461 *