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Driving effect of fiscal policy on regional innovation efficiency

Bibliographic Data

ID15066451
AuthorsCui Li (0000-0002-2851-4500, Jiangxi Normal University), Yawei Qi (0009-0001-7063-6253, Jiangxi University of Finance and Economics, corresponding author)
Year2023
Volume36
Issue1
Pages767-785
Publication date2023-03-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2022.2120043
OpenAlexW4298127251
LanguageEN
Citations received1
References cited18

This study uses a network data envelopment analysis (DEA) approach to measure phased innovation efficiency to explore how fiscal technology innovation policy drives the development of regional innovation. A game model is constructed that includes governments, enterprises, universities, and research institutes to explain the influence mechanism. The innovation process is decomposed into the transformation stage of scientific research results and their commercial application. A Tobit model is used to explain the effect of fiscal policy on innovation efficiency. These methods led to novel conclusions: (1) the growth rate of innovation efficiency in the first stage is greater with smaller regional differences, with larger regional differences in innovation efficiency in the second stage; (2) the intensity of fiscal R&D funding in science and technology has a significant positive effect on overall innovation efficiency and phased innovation efficiency; and (3) the positive effect of fiscal R&D funding is greater on the commercial application of scientific achievements. The targeting effect of fiscal innovation policy on industry-university research (IUR) cooperation needs to be improved through resource sharing, joint participation, sharing of achievements, and risk sharing

Business · Data envelopment analysis · Econometrics · Economics · Fiscal policy · Green innovation · Industrial organization · Monetary economics · Tobit model · Computer Science · Energy, Environment, Economic Growth · Firm Innovation and Growth · Innovation Policy and RD

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Unique citing works1
Citations per year1
Citation span2025 - 2025 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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