The Spatial Distribution of Innovation and Entrepreneurship Capability and Economic Growth Effect——Empirical Analysis Based on GMMSONG
SONG Lai-sheng1, SU Nan1,2, FU Hong1
1,3. Department of Economics,Hubei Institute of Economics,Wuhan 430205, China;2. Economics School, Zhongnan University of Economics and Law, Wuhan 430205, China
This paper makes GMM analysis with 2000~2010 year' provincial panel data. It is found that innovation and entrepreneurship capabilities push regional economic growth. However, innovation has weak positive influence on total productivity national wise and entrepreneurship has less notable positive effect. Innovation and entrepreneurship capabilities have a 10% positive effect on high-tech region with less remarkable effect on other regions. Innovation pushes regional productivity while entrepreneurship capabilities have less remarkable effect.
SONG Lai-sheng,SU Nan,FU Hong. The Spatial Distribution of Innovation and Entrepreneurship Capability and Economic Growth Effect——Empirical Analysis Based on GMMSONG. Economic Survey, 2013, 1(1): 06.