Co-integration Analysis of the Innovation Input and Performance of China's High-tech Industries

DOI

10.2991/emle-17.2017.11How to use a DOI?

Keywords

DEA method; innovation input; innovation performance; co-integration analysis

Abstract

This paper studies the relationship between the innovation input and performance of China's high-tech industries by making use of the indicator statistics concerning high-tech industries and co-integration analysis. Results show that the output value of new products has a long-term equilibrium relationship with internal R&D spending, the full-time equivalent (FTE) of R&D personnel and the spending on technical transformation; the results of the Granger Causality Test show that the change in the output value of new products leads to the changes in internal R&D spending, the FTE of R&D personnel and the spending on technical transformation.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Kaiming Tan
AU  - Shihong Wei
PY  - 2017/12
DA  - 2017/12
TI  - Co-integration Analysis of the Innovation Input and Performance of China's High-tech Industries
BT  - Proceedings of the 3rd International Conference on Economics, Management, Law and Education (EMLE 2017)
PB  - Atlantis Press
SP  - 40
EP  - 44
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-17.2017.11
DO  - 10.2991/emle-17.2017.11
ID  - Tan2017/12
ER  -