The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation

XIAO Qiongqi; WANG Kang

Volume 39 Issue 6

Nov. 2024

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XIAO Qiongqi, WANG Kang. The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation[J]. Journal of Guangdong University of Finance & Economics, 2024, 39(6): 45-53.

Citation:

XIAO Qiongqi, WANG Kang. The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation[J]. Journal of Guangdong University of Finance & Economics, 2024, 39(6): 45-53.

XIAO Qiongqi, WANG Kang. The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation[J]. Journal of Guangdong University of Finance & Economics, 2024, 39(6): 45-53.

Citation:

XIAO Qiongqi, WANG Kang. The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation[J]. Journal of Guangdong University of Finance & Economics, 2024, 39(6): 45-53.

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The Spatial Spillover Effects of Technology Firm Incubation Level on Regional Innovation

XIAO Qiongqi¹,
WANG Kang^2
,

1.
Financial Research Center, Chinese Academy of Fiscal Sciences, Beijing 100142
2.
School of Mathematics and Statistics, Beijing Technology and Business University, Beijing 100048, China

Received Date: 2024-02-25
Available Online: 2024-12-28
Publish Date: 2024-11-28

Abstract

Abstract

Technology firm incubation serves as a key driver for promoting regional collaborative innovation and establishing an open innovation ecosystem. Based on panel data from 31 Chinese provinces and cities between 2007 and 2022, this study employs a dynamic spatial Durbin model to empirically analyze the spatial spillover effects of technology firm incubation level on regional innovation and its formation mechanisms. The study finds that the level of technology firm incubation has a positive spatial spillover effect on regional innovation. The agglomeration economy effect and platform economy effect are the key influencing mechanisms, mainly through incubation networks, virtual incubation systems, and incubator clusters and radiation to promote cross-regional technology diffusion, thereby promoting inter-regional technology spillovers. By taking a spatial spillover perspective, this study improves the research on the impact mechanism of technology firm incubation on regional innovation, providing theoretical support and empirical evidence for the subsequent construction of a more complete national incubation system, promoting the cross-regional flow of innovation resources, and regional collaborative innovation.
- technology firm incubation,
- regional innovation,
- spatial spillover effects,
- dynamic spatial Durbin model

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References(31)

References

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