Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Research on the Impact of Government Technical Expenditures on Regional Economic Growth in Fujian Province

Authors
Yingchao Bai1, 2, Haihong Guo2, *
1School of Business, Macao University of Science and Technology
2College of business administration, Heyuan Polytechnic
*Corresponding author. Email: guohaihong126@126.com
Corresponding Author
Haihong Guo
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.022How to use a DOI?
Keywords
Government Technical Expenditure; Innovation; Economic Growth; Fujian Province
Abstract

In recent years, many local governments have increased their financial expenditure on science and technology, hoping to promote the development of local economy by strengthening their support for science and technology. Taking the prefecture-level cities in Fujian Province as the research object, this paper empirically analyses the effect of government technical expenditure on the level of economic development from 2002 to 2018, and discusses the different effects of different types of patents on the level of economic development. The study found that the government technical expenditure of Fujian Province significantly promoted the regional economic development, the invention patent played the strongest role in promoting the economic development, followed by utility model patent and design patent is the weakest, and the corresponding development suggestions are put forward.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.022How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yingchao Bai
AU  - Haihong Guo
PY  - 2022
DA  - 2022/03/26
TI  - Research on the Impact of Government Technical Expenditures on Regional Economic Growth in Fujian Province
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 137
EP  - 141
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.022
DO  - https://doi.org/10.2991/aebmr.k.220307.022
ID  - Bai2022
ER  -