Mechanism and Test of the Impact of Lack of Human Capital on Ecological Development in Innovation Sector

Xing Xu ()

Mathematical Problems in Engineering, 2021, vol. 2021, 1-8

Abstract:

Based on the endogenous growth model and scenario simulation, this paper theoretically analyzes the internal mechanism of the impact of the lack of human capital in innovation departments on ecological development. The simulation results show that the lack of human capital in the innovation sector not only has a significant inhibitory effect on ecological development, but this inhibitory effect positively depends on the accumulation effect of R&D stock on knowledge production and the effect of learning-by-doing. On this basis, the empirical test of the above conclusions with the help of interprovincial panel data confirms its correctness, and the empirical results are robust. Therefore, it is recommended that the government builds an appropriate human capital allocation and compensation mechanism to induce human capital to enter the innovation sector, so as to shape a development and innovation efficiency model that is consistent with economic and ecological goals.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:6665251

DOI: 10.1155/2021/6665251

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