The threshold effect of R&D investment on regional economic performance in China considering environmental regulation. Issue 7 (2nd July 2020)

• Record Type: Journal Article
• Authors: Wu, Minlian; Wang, Xihui; Chen, Xiafei; Cao, Yang
• Is Part Of: Technology analysis & strategic management. Volume 32:Issue 7(2020)
• Page Start: 851
• Page End: 868
• Publication Date: 2020-07-02
• Subjects: R&D investment -- environmental regulations -- economic performance -- threshold regression; Technological innovations -- Management -- Periodicals; Research, Industrial -- Management -- Periodicals; High technology industries -- Management -- Periodicals; Strategic planning -- Periodicals; 658.401205
• DOI: 10.1080/09537325.2020.1715362
• Languages: English
• ISSNs: 0953-7325

Abstract

ABSTRACT: Given the regionally differentiated environmental regulatory means, this paper evaluates the contribution of firms' R&D investment to economic growth with interprovincial panel data on 30 provinces in China from 2009 to 2016, which is based on the time-varying threshold model. Additionally, the coupling coordination degree model (CCDM) is used to measure the effects of technological innovation through enterprise collaboration for R&D input and investment-focused environment regulations. We then explore the inter-regional technology transfer path with different cooperation effects in areas and find: (i) The economic performance of the R&D investments of regional enterprises shows a downward trend with the strengthening of cost-focused ER while an inverted 'U'-shaped relationship that first strengthens and then weakens is presented with the strengthening of investment-focused ER. (ii) The degree of coupling calculated by CCDM is generally low, and synergies are improving from the west to the east, from a geographic perspective.