{"title":"Empirical analysis on the impact of innovation and entrepreneurship on economic development in heilongjiang province, P.R.China","authors":"W. Wang, Jiankang Yang, Jie Li","doi":"10.1109/CCDC.2018.8407834","DOIUrl":null,"url":null,"abstract":"Innovation and entrepreneurship are an important engine of economic development. Based on the state space model, the paper explored the impact of innovation and entrepreneurship on economic development in Heilongjiang Province from three aspects, such as employment vitality, market vitality and scientific and technological innovation vitality. The paper drew a conclusion that the changing trends of elasticity of employment, vitality of market and innovation of science and technology to economic development were the same. These elastic coefficients all increased from 2001 to 2013, but decreased from 2014 to 2016. Meanwhile, the average values were 3.1509, 1.7927 and 0.5240 respectively. Based on the empirical analysis, aiming at the impact of innovation and entrepreneurship on economic development, reasonable consideration and suggestions were given.","PeriodicalId":409960,"journal":{"name":"2018 Chinese Control And Decision Conference (CCDC)","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2018 Chinese Control And Decision Conference (CCDC)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CCDC.2018.8407834","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Innovation and entrepreneurship are an important engine of economic development. Based on the state space model, the paper explored the impact of innovation and entrepreneurship on economic development in Heilongjiang Province from three aspects, such as employment vitality, market vitality and scientific and technological innovation vitality. The paper drew a conclusion that the changing trends of elasticity of employment, vitality of market and innovation of science and technology to economic development were the same. These elastic coefficients all increased from 2001 to 2013, but decreased from 2014 to 2016. Meanwhile, the average values were 3.1509, 1.7927 and 0.5240 respectively. Based on the empirical analysis, aiming at the impact of innovation and entrepreneurship on economic development, reasonable consideration and suggestions were given.