Volume 34 Issue 3
May  2021
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LIAO Zhi-dong, YAO Feng-min. The Influence of 'Two-way' Decentralization in Science and Technology on Innovation Performance[J]. Journal of Guangdong University of Finance & Economics, 2019, 34(3): 54-66, 77.
Citation: LIAO Zhi-dong, YAO Feng-min. The Influence of "Two-way" Decentralization in Science and Technology on Innovation Performance[J]. Journal of Guangdong University of Finance & Economics, 2019, 34(3): 54-66, 77.

The Influence of "Two-way" Decentralization in Science and Technology on Innovation Performance

  • Received Date: 2018-11-16
    Available Online: 2021-05-27
  • Publish Date: 2019-05-28
  • From the perspective of decentralization, this paper analyses the characteristics of China's science and technology system since 1984 and examines the synergistic mechanism of central government, local government and market in promoting innovation under the framework of innovation system, and then reveals the interactive mechanism of "two-way" decentralization of science and technology on innovation performance. Both theoretical and empirical analysis show that in order to give full play to the synergy of central government, local government and market in promoting innovation, it is necessary for the government to decentralize power to the market in scientific and technological affairs; at the same time, it is necessary for the central government to decentralize power to the local government; however, as the "two-way" decentralization of science and technology plays an interdependent and mutually influential role in innovation performance, the degree of "two-way" decentralization in science and technology is not that the higher the better. Therefore, in order to promote scientific and technological innovation and accelerate the construction of an innovative country, the role of the government, especially the central government, should be properly strengthened in the field of science and technology.
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