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- W2364653601 abstract "Based on the interactive mechanism between market demand and industrial innovation capability, a simultaneous equations model is constructed which involves two equations, namely demand scale and industrial technology innovation. And then the section datum of 37 china sub industries is collected as the sample for an empirical test. The results show that there exists endogenous relationship between demand scale and industrial technology innovation. On one hand, the market demand does not have significant positive effect on innovative ability. The reason may be that China has not yet formed a sound legal protection system of technological innovation. At the same time, research and development activities are dominated by imitation, digestion and absorption, which makes an effective motivation of independent innovation is in urgent need. On the other hand, industrial innovation ability has a significant positive impact on market demand scale, which suggests that the superiority of product quality and performance represented by invention patents could stimulate market demand indeed. To promote the industrial technology innovation, the constraints of market demand factors on innovation activities should be overcome in order to achieve a virtuous circle." @default.
- W2364653601 created "2016-06-24" @default.
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- W2364653601 date "2009-01-01" @default.
- W2364653601 modified "2023-09-24" @default.
- W2364653601 title "The Interactive Mechanism of Demand Scale and Industrial Technology Innovation--An Empirical Test Based on Simultaneous Equations Model" @default.
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