Abstract
Based on the provincial panel data of 30 provinces in China from 2009 to 2018, this paper uses the system GMM estimation method to examine the impact of university efficiency and financial development on technology transfer from the perspective of economic innovation, and validates the hypotheses of theoretical analysis. The research results show that university efficiency may promote technology agglomeration, but significantly inhibit technology transfer, which is not conducive to directly promoting economic innovation; while financial development significantly promotes technology transfer, which is conducive to promoting economic innovation. Finally, based on the above conclusions, in order to better promote economic innovation and technology transfer, and promote the sustainable development of the national innovation system, this article puts forward corresponding policy recommendations.
Highlights
After decades of rapid growth, China's economy has entered a new normal
What is the relationship between them? Can the improvement of university efficiency promote technology transfer? How does financial development affect technology transfer? In view of this, in the face of the growing gap in economic development between regions, this article examines the impact of university efficiency and financial development on technology transfer from the perspective of economic innovation, and puts forward some recommendations to better promote economic innovation and technology transfer, this is of great significance to the sustainable development of the national innovation system
This article proposes hypothesis 2: Hypothesis 2: Financial development has a significant positive impact on technology transfer, which is conducive to promoting economic innovation
Summary
After decades of rapid growth, China's economy has entered a new normal. Economic innovation and technology transfer have become important ways to enhance the overall innovation capacity and competitiveness of the country. University efficiency and financial development, as key components of economic innovation, together with technology transfer, are committed to the sustainable development of the national innovation system. In the face of the growing gap in economic development between regions, this article examines the impact of university efficiency and financial development on technology transfer from the perspective of economic innovation, and puts forward some recommendations to better promote economic innovation and technology transfer, this is of great significance to the sustainable development of the national innovation system. Economic innovation, we will examine the impact of university efficiency and financial development on technology transfer in order to better promote economic innovation and technology transfer; the second is to choose the dynamic panel data model of the system GMM method for empirical research in order to pursue more accurate results. The structure of this article is as follows: The first part is the introduction; the second part is the research hypotheses and method; the third part is the results and discussion; the fourth part is the conclusion
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