Abstract Based on the capital data from 2009 to 2018, this paper uses the improved capital flow model to compile the inter-provincial capital flow table, embeds the interaction of labor, technology, data and land on the basis of capital elements, and uses the quadratic assignment model (QAP) to analyze the relationship between inter-provincial capital flows and the coordinated development of regional innovation from two aspects of regional dimension and time dimension. The inter-provincial capital flow table indicates that the capital flow preferences of eastern, central, western and northeastern China are obviously different, showing a decreasing trend from east to west as a whole. The results of QAP regression show that the preference difference of capital flow is related to the regional innovation difference. In the eastern region where capital flow is the first preference, the influence of capital flow on innovation difference is not obvious, but it has a significant positive impact in other regions. After adding other market factors to the regression analysis, it is found that the capital factor is the main reason for the innovation difference between the central and northeast regions, while in the eastern and western regions, labor and land factors are the main reasons for the innovation difference.
WEI Jiahui,GENG Chengxuan. Influence of Inter-provincial Capital Element Flow on Regional Innovation Differences in China. Economic Survey, 2023, 40(3): 034.