Title :
Analysis of actual value of foreign investment and Wuhan Regional Technical Innovation Ability
Author_Institution :
Wuhan Inst. of Manuf. Strategy & Dev., Jianghan Univ., Wuhan, China
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;
Conference_Titel :
Product Innovation Management (ICPIM), 2011 6th International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4577-0359-1
DOI :
10.1109/ICPIM.2011.5983576
