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J4  2012, Vol. 9 Issue (11): 1661-    DOI:
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An Empirical Study on Efficiency of China Regional Economic Growth from Perspective of the Industryuniversityresearch Twostage R&D Investment Chain
FENG Feng, LI Tian-Fang
University of Science and Technology of China, Hefei, China

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Abstract  There is close relationship between R&D investment and regional economic growthefficiency. This paper constructs a twostage IndustryUniversityResearch inputoutput chain model including production stage and application stage of technology. According to the regional panel data of China, we verify the theoretical assumptions of this model by SEM, and measure the regional inputoutput efficiency of IndustryUniversityResearch investment. Based on the results of assessment, the regions can be classified into different ranks. Finally we draw conclusion and make certain policy suggestions.
Key wordsindustry-university-research investment      twostage      economic growth-efficiency      SEM      DEA chain model     
Received: 21 September 2011     
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FENG Feng
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FENG Feng,LI Tian-Fang. An Empirical Study on Efficiency of China Regional Economic Growth from Perspective of the Industryuniversityresearch Twostage R&D Investment Chain[J]. J4, 2012, 9(11): 1661-.
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