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The more interactions the better? The moderating effect of the interaction between local producers and users of knowledge on the relationship between R&D investment and regional innovation systems

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  • Jiao, Hao
  • Zhou, Jianghua
  • Gao, Taishan
  • Liu, Xielin

Abstract

Under the fierce pressures of the rapidly changing environments, regional innovation systems are important in regional economy and national competitiveness. This study examines how R&D Investment from firms, universities and research institutes (Core component of Triple Helix Innovation) helps build regional innovation systems and its contingencies in China's emerging economy. A panel dataset from thirty provincial level regions in China from 2002 to 2011 indicates R&D investment from firms, universities and research institutes is an important driver of regional innovation systems. The effectiveness of R&D Investment is contingent on the interaction between local producers and users of knowledge. When the interaction between local producers and users of knowledge becomes increasingly active, R&D investment from firms, universities and research institutes has a stronger effect on the building of regional innovation system. Moreover, the interaction between local producers and users of knowledge has an inverted U-shaped relationship with the building of regional innovation systems.

Suggested Citation

  • Jiao, Hao & Zhou, Jianghua & Gao, Taishan & Liu, Xielin, 2016. "The more interactions the better? The moderating effect of the interaction between local producers and users of knowledge on the relationship between R&D investment and regional innovation systems," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 13-20.
    • Handle: RePEc:eee:tefoso:v:110:y:2016:i:c:p:13-20
    DOI: 10.1016/j.techfore.2016.03.025
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