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

Ailun Xiong, Senmao Xia, Zhen Peter Ye, Dongmei Cao, Yanguo Jing and Hongyi Li ()
Authors registered in the RePEc Author Service: Ye Zhen () and Zhen Peter Ye

Structural Change and Economic Dynamics, 2020, vol. 53, issue C, 50-61

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 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:53:y:2020:i:c:p:50-61

DOI: 10.1016/j.strueco.2020.01.003

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