Optimal path selection of innovation resource allocation in China’s regions with shared inputs

Zhiwen Zhang, Zilong Wang and Yongfen Zhu

Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 1457-1480

Abstract: As an effective form of interaction between innovation subjects and resources, the regional innovation network’s optimal allocation of resources is the key to improving national innovation capacity. According to the innovation value chain, the process of resource allocation in innovation can be divided into two correlative sub-systems: the knowledge innovation stage (KIS) and the achievements commercialisation stage (ACS). To evaluate regional innovation efficiency, a two-stage network data envelopment analysis model with shared inputs is used, with fuzzy set qualitative comparative analysis to analyse the improvement path of resource allocation efficiency from the dimensions of regional environment and network structure. The results show that efficiency in the KIS is higher than in the ACS, and the efficiency scores for most regions in China are better under the model with shared inputs. The efficiency of innovative resource allocation is affected by the cross-action of seven factors: regional economic development, infrastructure, policy system, social culture, network scale, network openness, and network centrality. To achieve high-efficiency resource allocation, regions should build an innovation network that matches their environmental characteristics. These findings provide theoretical guidance for formulating innovative resource allocation policies suitable for different regions.

Date: 2022
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DOI: 10.1080/1331677X.2021.1969979

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