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The Negative Impact of Resource Dependency on Regional Innovation Performance and Transmission Mechanism |
Li Li |
School of International Trade, Shanxi University of Finance & Economics, Taiyuan 030006, China |
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Abstract Based on relevant literature, this paper explores the relationship of resource dependency, enterprises' innovation demand and regional innovation performance, and then put forwards a series of hypotheses. Using panel data of 30 provinces in China during 2007-2015, the empirical analysis examines the above hypotheses. The empirical results show that: The regional resource dependency has crowding-out effect on its innovation performance. The enterprises' demand for innovator and innovative technology have positive effect on the regional innovation performance. The regional resource dependency has significant negative effect on the enterprises' demand for innovator, innovative funds and technology. So that, the negative effect of resource dependency on enterprises' innovation demand is transmission channel in crowding-out effect of resource dependence on regional innovation. Then, this paper analyzes the nature of the transmission effect of the enterprises' demand for innovator and innovative technology, and calculates the ratio of shading effect to direct effect and the mediating effect in the total effect. Therefore, in resource-based regions, institutional innovation is the key to stimulate enterprises' endogenous demand for technology innovation. Moreover, the resource-based industry chains should be extended so as to change their technical attributes and strengthen their perception to usefulness of technological innovation.
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Received: 17 January 2017
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Corresponding Authors:
Li Li
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