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| Intensity of Basic Research and Regional Innovation Performance: the Moderating Effect of Government Support and Human Capital Structure |
| Gao Lina1,Jiang Fuxin2 |
| (1.School of Health Economic and Management, Nanjing University of Chinese Medicine, Nanjing 210023, China;2.Business School, Nanjing Normal University, Nanjing 210023, China) |
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Abstract With the transition of innovation demand characteristics in new development stage, the impact of intensity of basic research on regional innovation performance has become increasingly important. The government support and structure of human capital play a regulating role in the process of regional basic research intensity affecting on the innovation performance. Based on provincial panel data from 2000 to 2018, using the system GMM estimation method, from the three dimensions of scale of innovation, the per capita output of innovation and structure of innovation, the paper explores the basic research strength of regional innovation performance of dynamic effect and the strength of the government support, the structure of human capital. The findings show that the intensity of basic research exerts a significant negative impact on regional innovation performance. The positive role of the government support and the structure of human capital can positively moderate the inhibition of the intensity of basic research on regional innovation scale and per capita innovation output. The government support reversely moderates the negative effect between the intensity of basic research and regional innovation performance. The structure of human capital positively moderates the influence of basic research intensity on regional innovation structure. Therefore, different types of regions should fully understand the role and acting path of investment in basic research and give full play to the positive role of innovation management policy.
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Received: 04 January 2021
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