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Spatial-temporal coupling coordination relationship between well-being and technological innovation: Panel evidence
Lingmei Han1, Yulong Fu1, Hongtao Shen2
1School of Business, Henan University of Science and Technology, Luoyang, 471000, China.
Heliyon
|September 24, 2024
Summary
Technological innovation significantly enhances human well-being in China, with coordination increasing over time. Key drivers include industrial structure, digital finance, and talent, while government intervention shows a negative impact.
Area of Science:
- Socioeconomics
- Technological Innovation Studies
- Regional Development
Background:
- The industrial era has intensified the link between human well-being and technological advancement.
- Understanding how technology can foster universal, sustained well-being is crucial.
Purpose of the Study:
- To explore the intricate relationship between human well-being and technological innovation.
- To analyze the coupling and coordination between well-being and technological innovation in China.
- To identify factors influencing this relationship and propose policy recommendations.
Main Methods:
- Developed an evaluation index system for human well-being.
- Utilized the spatial Durbin model for empirical analysis.
- Conducted classification analysis of coupling and coordination across 31 Chinese provinces and cities.
Main Results:
- Coordination between well-being and technological innovation shows significant provincial variation but an overall increasing trend.
- A positive correlation exists between well-being and the coupling/coordination of technological innovation, with strengthening spatial aggregation.
- Industrial structure, digital finance, talent concentration, and consumption rate positively impact coordination; government intervention has a negative effect.
Conclusions:
- Technological innovation and human well-being are increasingly coordinated in China, exhibiting spatial clustering.
- Optimizing industrial structure, promoting digital finance, and attracting talent are key to enhancing this coordination.
- Policy interventions should carefully consider the role of government intervention to avoid hindering well-being and technological progress.
