Threshold effect of investment in talent during the development of China’s regional innovations
Abstract
In China, many national high-tech industrial development zones (NHIDZ) are being set up to promote regional innovation. NHIDZ provides an important platform for regional innovation, and talent is an important factor in regional development. This article analyzes the impact of talent on the development of regional innovation based on data from 30 provincial administrative regions from 2005 to 2020 (excluding Tibet and Taiwan). By creating a threshold model for investment in innovative talent, the relationship between NHIDZ and regional innovation at different levels of investment is analyzed. It has been found that there is an obvious threshold effect of talent investment in the development of regional innovation in China's NHIDZ, which is negative at first, then positive with increasing talent investment. Only special level of talent investment creases regional innovation obviously. The reason is that when there is an unreasonable investment structure, the NHIDZ will be hard to play its due role effectively. Therefore, during the construction of NHIDZ, it is necessary to optimize investments in all innovative elements.
About the Authors
Li Jinping
Qilu University of technology (Shandong Academy of Sciences)
China
China
PhD student in Sociology, Associate Professor Faculty of Foreign Languages, Research Center of the SCO countries
Jia Yongfei
Qilu University of technology (Shandong Academy of Sciences)
China
China
Doctor in sociology, Professor, Office Director of the Humanities
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For citations:
Jinping L., Yongfei J. Threshold effect of investment in talent during the development of China’s regional innovations. Kazan economic vestnik. 2022;(5):29-39. (In Russ.)
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