Local Officials' Spirit of Innovation and Regional Innovation Based on the Empirical Evidence of Yangtze River Delta and Pearl River Delta
以长三角和珠三角地级市的中小板上市公司为样本,用官员的创业背景、年龄和学历作为创新精神的代理变量,研究发现地方官员的创新精神显著促进了企业研发投入。
Values and individual preferences of local officials play an important role in local innovation performance in the process of reform and development.A growing number of regional innovation models highlight the effect of innovative spirit on innovation.This paper takes the listed companies in the SME board as the sample based on the prefecture - level cities in Yangtze River Delta and Pearl River Delta,and views the entrepreneurial background,age and education of officials as the spirit's proxy variable to study the effect of innovation spirit on RD input at micro level.The regression shows that local officials' spirit of innovation has significantly promoted RD input.The conclusions provide some inspirations on the selection and training of local officials.