Can innovation really bring economic growth?: the role of social filter in China

Ailun Xiong; Senmao Xia; Zhen Ye; Dongmei Cao; Yanguo Jing; Hongyi Li

doi:10.1016/j.strueco.2020.01.003

Can innovation really bring economic growth? the role of social filter in China

Ailun Xiong, Senmao Xia, Zhen Ye, Dongmei Cao, Yanguo Jing, Hongyi Li

Research output: Contribution to journal › Article › peer-review

41 Citations (Scopus)

Abstract

This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.

Original language	English
Pages (from-to)	50-61
Number of pages	12
Journal	Structural Change and Economic Dynamics
Volume	53
Early online date	15 Jan 2020
DOIs	https://doi.org/10.1016/j.strueco.2020.01.003
Publication status	Published - Jun 2020
Externally published	Yes

Keywords

R&D
Spillover
Social Filter
Economic Growth
China

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title = "Can innovation really bring economic growth?: the role of social filter in China",

abstract = "This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.",

keywords = "R&D, Spillover, Social Filter, Economic Growth, China",

author = "Ailun Xiong and Senmao Xia and Zhen Ye and Dongmei Cao and Yanguo Jing and Hongyi Li",

year = "2020",

month = jun,

doi = "10.1016/j.strueco.2020.01.003",

language = "English",

volume = "53",

pages = "50--61",

journal = "Structural Change and Economic Dynamics",

issn = "0954-349X",

publisher = "Elsevier",

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TY - JOUR

T1 - Can innovation really bring economic growth?

T2 - the role of social filter in China

AU - Xiong, Ailun

AU - Xia, Senmao

AU - Ye, Zhen

AU - Cao, Dongmei

AU - Jing, Yanguo

AU - Li, Hongyi

PY - 2020/6

Y1 - 2020/6

N2 - This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.

AB - This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.

KW - R&D

KW - Spillover

KW - Social Filter

KW - Economic Growth

KW - China

U2 - 10.1016/j.strueco.2020.01.003

DO - 10.1016/j.strueco.2020.01.003

M3 - Article

SN - 0954-349X

VL - 53

SP - 50

EP - 61

JO - Structural Change and Economic Dynamics

JF - Structural Change and Economic Dynamics

ER -

Can innovation really bring economic growth? the role of social filter in China

Abstract

Keywords

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