Could Innovation Competitions Experience Increase in College Graduates'Salary?A Survey on Mid-term Development Evaluation of JN University Graduates
Starting from practical education,universities organize various innovation competitions with the aim of cultivating college students'innovation awareness,inspiring creative thinking,enhancing creative ability,and cultivating entrepreneurial talents,which is of great significance and far-reaching impact.This article is based on the questionnaire data of the mid-term development evaluation of the 2016 graduates of JN University.The ordinary least squares method is used for regression analysis,and the propensity score matching method is used to overcome endogeneity problems caused by self selection bias.The study investigates the impact of innovation competition experience on the salary level of college graduates after five years.The results show that:(1)From the perspective of influencing factors,innovation competition experience has a significant positive effect on the salary level improvement of college graduates after five years.At the same time,factors such as work city,employer size,job position,and school experience are also important promoters for improving the medium to long-term salary of college graduates.(2)From the perspective of impact,using the ordinary least squares method to estimate,it is found that college graduates with participating experience have a 7.8%higher salary level than non-participating college graduates after five years of employment;The estimated result using propensity score matching method is 13.0%higher.This indicates that innovation competition experience is an incubator for college graduates to obtain high salaries.(3)From the perspective of heterogeneity analysis,the positive impact of participation experience on the salary level of natural science graduates after five years is significantly stronger than that of non natural science graduates.Based on the above conclusions,corresponding policy recommendations are proposed.Universities should take the opportunity of conducting innovation competitions,optimize the evaluation mechanism of competitions,reform the teaching methods of universities,and improve the career guidance system.