Innovation-driven,property rights protection and"quantitative and qualitative rise"of digital technological innovation:a new perspective based on multiple policy combinations
Innovation-driven,property rights protection and"quantitative and qualitative rise"of digital technological innovation:a new perspective based on multiple policy combinations
Digital technological innovation has become an important factor in shaping the competition pattern between countries and regions,and how to play the effectiveness of multiple innovation policy combinations in promoting digital technological innovation is an important practical question that needs to be answered in the period of transformation of old and new driving forces of the economy.Based on the panel data of 283 prefecture-level cities in China from 2006 to 2021,this paper constructs a multi-period difference-in-differences model(DID)to systematically investigate the effectiveness of the"double-pilot"of innovative cities and intellectual property demonstration cities on the"quality"and"quantity"of regional digital technology innovation.The findings suggest the following.(1)"double pilot"is conducive to the synergistic promotion of"quality"and"quantity"of regional digital technology innovation,and it can play a more important role than"single pilot".Moreover,the"double-pilot"can also realize the dynamic innovation incentive effect of promoting"quality"with"quantity".The above conclusions are still valid after a series of robustness tests.(2)"double pilot"can not only directly promote regional digital technology innovation in terms of"quality"and"quantity",but also indirectly promote digital technology innovation in terms of"quality"and"quantity"through the effect of resource allocation,talent concentration and innovation and entrepreneurship.(3)The policy effect of"double pilot"has significant heterogeneity,and this positive effect is more obvious in the region where intellectual property demonstration cities are constructed before becoming innovative cities,as well as in the region with lower redundancy of bureaucratic organisations and higher degree of openness to the outside world.The findings of this paper have important insight for pilot cities to coordinate multiple innovation policy combinations to accelerate the realisation of digital innovation-driven development.
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