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Effects of the innovations on regional growth over time: dynamics econometric modelingтезисы доклада Тезисы
- Автор: Rastvortseva S.
- Сборник: Innovation Management, Entrepreneurship and Corporate Sustainability, 2016. Proceedings of the 4th International Conference
- Тезисы
- Год издания: 2016
- Место издания: Vysoká škola ekonomická v Praze Praha, Czech Republic
- Первая страница: 621
- Последняя страница: 633
- DOI: 10.18267/pr.2016.svo.2153.4
- Аннотация: Technological change leads to the rapid growth of the knowledge-based economy and service industries, allowing those regions to increase their total factor productivity and to become more competitive in the global economy. Innovations are key determinant of regional development but their impact becomes noticeable often over time. For regional policy it is important to understand in what period of time the results of innovative projects can affect on the social and economic indicators. The role played by the innovations in economic growth was recognized and introduced into the neoclassical approach and R&D theories. We used a pooled regression model for panel data to look at the affects of innovations on regional growth over time. The empirical analysis based on a large sample of Russian regions from 2002 to 2014 supports the hypothesis that innovation can impact on economic development in just a few years. It was determined that influence of patent activity on regional economic growth is positive and statistically significant with lagged value of two years, a share of highly educated employees has positive influence on the rates of economic growth after three years. Key words: innovations, regional economics, economic growth over time, dynamic econometric modeling, regions of Russia JEL Code: O30, R11, O47
- Добавил в систему: Растворцева Светлана Николаевна
Прикрепленные файлы
| № | Имя | Описание | Имя файла | Размер | Добавлен |
|---|---|---|---|---|---|
| 1. | Полный текст | IMECS-2016-Rastvortseva.pdf | 504,4 КБ | 22 октября 2016 [Rastvortseva] |