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Regional innovation effect of smart city construction in China
Yiwu Zeng1, Zenghui Zhang2, Zi Ye3
1School of Economics, Hangzhou Normal University, Hangzhou, Zhejiang, China.
Abstract:
Innovation is an important driving force for high-quality regional economic development. In recent years, the Chinese government has actively explored new ways to improve regional innovation level, and the construction of smart cities is regarded as an important measure to implement the innovation-driven development strategy. Based on the panel data of 287 prefecture-level cities in China from 2001 to 2019, this paper examined the impact of smart city construction on regional innovation. The research shows that: (i) The construction of smart city has significantly improved the level of regional innovation; (ii) Investment in science and technology and human capital level are important transmission paths for smart city construction to affect regional innovation; (iii) Compared with the central and western regions, the impact of smart city construction on regional innovation is more obvious in the eastern region. This study deepens the understanding of smart city construction, which has important policy significance for China to accelerate the construction of an innovative country and the healthy development of smart cities, and provides reference for other developing countries to promote smart city construction.
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