Analysis of actual value of foreign investment and Wuhan Regional Technical Innovation Ability

Author

Zhaoyang, Wang

Author_Institution

Wuhan Inst. of Manuf. Strategy & Dev., Jianghan Univ., Wuhan, China

fYear

2011

fDate

16-17 July 2011

Firstpage

293

Lastpage

296

Abstract

In this paper, the author uses Cointegration theory, Granger causality test reseach on relationship between the actual value of foreign investment in Wuhan and regional technological innovation capability, and found that: (1) In the long run, Wuhan actual use of foreign investment and technological innovation in the region between the region have a greater positive correlation; (2) Granger causality test shows that the actual use of foreign investment Wuhan Regional Technical Innovation Ability The Granger cause. And in this conclusion on the basis of policy recommendations.

Keywords

causality; innovation management; international finance; investment; microeconomics; regional planning; technology management; Granger causality test; Wuhan regional technical innovation ability; cointegration theory; foreign investment; Cities and towns; Economics; Industries; Investments; Patents; Technological innovation; Time series analysis; Cointegration; Granger causality test; actual utilization of foreign capital; regional technological innovation ability;

fLanguage

English

Publisher

ieee

Conference_Titel

Product Innovation Management (ICPIM), 2011 6th International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4577-0359-1

Type

conf

DOI

10.1109/ICPIM.2011.5983576

Filename

5983576