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| Regional Innovation Capability and Strategic Emerging Industries to be High-end |
| Zhai Huayun,Li Yanru |
| School of Management of South-Center University for Nationalities, Wuhan 430074,China |
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Abstract There is an important issue of development of Chinese strategic emerging industries concerned by the government, the practical and academic circles. Basing on the data of 128 listed companies in Chinese strategic emerging industries during the period of 2006-2015 by using the methods of DEA and Malmquist index,we measure the change rate of total factor productivity and its decomposition, and test the effect of regional innovation capability and the policy implementation on the change rate of total factor productivity and its decomposition of the strategic emerging industries by using multiple regression model. It is found that the total factor productivity and technological progress rate of Chinese strategic emerging industries have increased significantly, and Chinses strategic emerging industries are gradually becoming high-end trend of "heavy technology innovation". It is also found that enhancing regional innovation capacity is helpful to the development of strategic emerging industries to high-end trend. In particular, the implementation of the policy in 2009 speed up the impact of the regional innovation capacity in the change rate of total factor productivity, technological progress rate and pure technical efficiency of strategic emerging industries.
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Received: 09 March 2017
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Corresponding Authors:
Zhai Huayun
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