The Impact of Digital Economy Policy on Industry-university-research Synergy Innovation
Based on the panel data of 272 prefecture-level cities in China from 2013 to 2019,this paper explores the impact of the digital economy policy on industry-university-research(IUR)synergy innovation through the difference-in-differences method and tests the mediating effect of regional digitization and the moderating effect of regional absorptive ca-pacity.It is found that the introduction of the digital economy policy has a positive and significant effect on IUR synergy in-novation.The digital economy policy improves IUR synergy innovation by the channel of regional digitization,and regional absorptive capacity enhances the relationship between the digital economy policy and IUR synergy innovation.Besides,there is a peer effect of the digital economy policy of the local government.No matter whether using a placebo test or replacing in-dependent variables for regression,the above results are still robust.
digital economy policyIUR synergy innovationregional absorptive capacityregional digitizationpeer effect