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| Internal Innovation and External Innovation，Which is More Effective |
| Liu Lanjian1,2,Li Ruiting1,2 |
| (1. School of Public Administration and Law, Chang'an University;2. Humanities and Social Science Research Evaluation Center of China, Chang'an University, Xi'an 710064, China) |
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Abstract This paper uses the panel data analysis method to analyze the impacts and internal mechanisms of innovation performance from two aspects of independent innovation and external innovation based on China's ICT industry data from 2006 to 2015. The results show that independent innovation is the most important innovation driving force of the ICT industry, but the impact of R&D personnel activities on full-time equivalents on innovation performance is not significant; new product development expenditures are the reasons for improving economic performance, but they generate a certain inhibitory effect on innovation performance; the economic performance of external innovation is significant, and the positive synergies of various innovation paths are not fully realized.
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Received: 20 March 2019
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