Heterogeneity in performance of science and technology parks in China: Is there "club" convergence?

Chen Rui, Boris Lokshin*, Pierre Mohnen

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

This study investigates determinants of science and technology parks (STPs) performance in China. We estimate dynamic panel-data models on a sample comprising 53 STPs for 2008-2018. Foreign direct investment and human capital impact labour productivity and innovation of STPs and explain differences in performance among them. We find evidence for beta- and sigma-convergence of labour productivity and beta-, but not sigma-convergence of innovation. Our study provides novel insights for research on STPs and innovation policy regarding heterogeneity in performance of STPs, and specifically, some evidence concerning formation of "clubs" of STPs based on the city-tier system in China.
Original languageEnglish
Pages (from-to)1145-1167
Number of pages23
JournalPapers in Regional Science
Volume102
Issue number6
Early online date1 Nov 2023
DOIs
Publication statusPublished - Dec 2023

Keywords

  • convergence
  • innovation policy
  • science and technology parks
  • technology transfer
  • FOREIGN DIRECT-INVESTMENT
  • PANEL-DATA
  • GROWTH
  • INNOVATION
  • KNOWLEDGE
  • UNIVERSITY
  • REGIONS
  • PRODUCTIVITY
  • SPILLOVERS
  • DIVERGENCE

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