Research on the Effect of Economic Growth Goal-Setting on Science and Technology Innovation Input——A Research Based on the Static and Dynamic Panel Data Model
The government proposes the"Innovation-driven Development Strategy"and the"Five Development Concepts"of"Innovative Development"as top priorities.Science and technology innovation input is the precondition and foundation of innovation-driven develop-ment.Based on the panel data of provinces in China,this paper use static and dynamic panel data model to study how economic growth goal-setting affects science and technology innovation input.It finds the followings.Economic growth goal-setting does not have a one-way linear impact on science and technology innovation input,but rather a U-shaped curve relationship.There are differences in the impact of economic growth goal-setting on the five types of science and technology innovation input,mainly manifested in the target level corre-sponding to the U-shaped curve inflection point.This finding reveals the non-preset results of economic growth goal-setting in the field of science and technology innovation,and makes up the limitation of previous studies that ignoring the heterogeneity of goal-setting on dif-ferent types of science and technology innovation input.
Goal-settingEconomic growthScience and technology innovation inputPanel data model