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| Research on the Interaction between the Flow of Innovation Factors and the Change of Industrial Structure and the Effect of Spatial Spillover |
| Han Jun,Kong Lingcheng |
| （School of Business，East China University of Science and Technology，Shanghai 200237,China） |
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Abstract The flow of innovation factors is not only the key to optimize resource allocation but also the internal driving force of industrial structure adjustment.On the contrary,the change of industrial structure will promote the innovation subject to carry out innovation through micro-effects.Based on the panel data of 30 provinces in China from 1998 to 2018,this paper studies the interaction between the flow of innovation elements and the change of industrial structure and the spatial spillover effect.The regression results show that the flow of R&D personnel can promote the upgrading of the local industry and the rationalization of the industrial structure in other regions,and at the same time the flow of R&D personnel also inhibits the rationalization of the local industrial structure and the upgrading of the spillover industries.The flow of R&D capital has a restraining effect on the upgrading of industrial structure in this region and the rationalization of industrial structure in other regions,while it has a promoting effect on the rationalization of industrial structure in this region and the upgrading of industrial structure in other regions.In the process of industrial structure change,the rationalization of its structure promotes the flow of R&D personnel and R&D capital,but inhibits the flow of R&D capital in other regions.
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Received: 18 August 2020
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