Effects of postgraduate education on technological innovation: a study based on the spatial Durbin model
- PDF / 920,946 Bytes
- 11 Pages / 595.276 x 790.866 pts Page_size
- 7 Downloads / 277 Views
Effects of postgraduate education on technological innovation: a study based on the spatial Durbin model Huimin Xiao1 · Jun Mao2 Received: 12 April 2020 / Revised: 19 October 2020 / Accepted: 20 October 2020 © Education Research Institute, Seoul National University, Seoul, Korea 2020
Abstract Based on the spatial Durbin model, this paper explored postgraduate education’s influence and spatial effects on technological innovation. Using China’s provincial panel data from 2004 to 2018, study results revealed that distribution of postgraduates in China showed spatial autocorrelation and non-equilibrium. Overall, postgraduate education positively impacted technological innovation. The study measured spatial spillover using three spatial weight matrices, finding that postgraduate education significantly promoted innovation in similar provinces. The spatial spillover effect in the economic matrix was stronger than that in the adjacent matrix. In economic and economic-geographical matrices, postgraduate education’s spatial spillover effect was stronger than its direct effect. This paper can deepen understanding of characteristics and functions of postgraduate education in a rapidly developing economy. Keywords Postgraduate education · Technological innovation · Spatial spillover · Spatial Durbin model
Introduction Technological innovation has become key in supporting national development and ensuring national security by playing an important role in modernization. Because of innovation’s importance, the literature has emphasized identification of factors affecting innovation activities. Indeed, studies have found that pursuit of higher education significantly promotes technological innovation and that universities are the cradle for technicians, professionals, and scientists. Highly educated personnel play key roles in increasing productivity and promoting innovation. As highly educated personnel, postgraduates have undergone professional training and have advantages of agile thinking and an aggressive spirit. Thus, postgraduate education plays a unique role in knowledge innovation, knowledge dissemination, and technological application. However, few studies have empirically tested postgraduate education’s impact on innovation, so the following questions require further investigation. To what * Jun Mao [email protected] 1
School of Business Administration, Nanjing University of Finance and Economics, Nanjing, China
School of Mathematics and Statistics, Hainan Normal University, Haikou, China
2
extent does postgraduate education promote technological innovation? Does postgraduate education have a spillover effect? To answer, this study used spatial econometric methodology applied to China’s provincial panel data to examine empirically postgraduate education’s direct, spillover, and total effects on technological innovation. This research contributes to the literature in two ways. First, by calculating postgraduate education’s effects on technological innovation, it sheds new light on drivers of innovation in a
Data Loading...
