The Time Lags Effects of Innovation Input on Output in National Innovation Systems: The Case of China

Dan Wang, Xinli Zhao and Zhenshan Zhang

Discrete Dynamics in Nature and Society, 2016, vol. 2016, 1-12

Abstract:

This paper investigates the time lags effects of innovation input on output in the national innovation systems (NIS). Firstly, we analyze the intrinsic properties of China’s NIS based on the conceptual framework and the causal loop diagram. Secondly, we construct a time lags distribution calculation model and employ the main innovation input indicators to measure the specific characteristics of time lags effects of innovation input on output for China in the period 2000–2012. The results indicate that there are considerable time lags in the four major feedback loops, and the distribution of time lags is various according to the characteristics of innovation input and influencing factors in the internal transformation. The trends of time lags from R&D personnel and industry-academia-research collaboration show steady growth, and the trends of time lags from R&D expenditure and government’s macro-control take inverted U-shaped pattern. Finally, we combine the estimation results of lags distribution calculation model with the analysis results of the causal loop diagram (including positive loops and negative loops) to provide some innovation policy suggestions. This study provides important implications for our understanding of the long-term complex lags effects of innovation input on output as well as for policy-makers designing and implementing the innovation strategies.

Date: 2016
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:1963815

DOI: 10.1155/2016/1963815

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