%0 Journal Article
%A YI Ying-ying
%A JI Na
%T Impact of Market Distortion of R&D Factors on Innovation Performance of High-tech Industries#br#
%D 2021
%R 10.19722/j.cnki.1008-7729.2020.0278
%J Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition)
%P 60-68
%V 23
%N 1
%X The autonomy and selectivity of R&D factors always leads to distortion in high-tech industry. Based on Chinaî„‹s provincial panel data from 2009 to 2018, the production function method was used to measure the market distortion index of the R&D personnel factor and the R&D capital factor, and the dynamic generalized method of moments (GMM) was used to empirically analyze the impact of market distortion of R&D factors on innovation performance of high-tech industries. The results show that two R&D factors have different degrees of market distortion, and the degree of market distortion of the R&D personnel factor is greater than that of the R&D capital factor; market distortion of R&D factors has inflection point effect on innovation performance of high-tech industries; market distortion of R&D factors is beneficial to the development of high-tech industries in the central and western regions, but is unfavorable to the eastern region.
%U https://journalsk.bupt.edu.cn/EN/10.19722/j.cnki.1008-7729.2020.0278