| Peer-Reviewed

Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations

Received: 20 April 2022     Accepted: 5 May 2022     Published: 12 May 2022
Views:       Downloads:
Abstract

Regional integration is a major national development strategy. Whether the rapid development of digital economy can promote R&D innovation and realize regional integration is worthy of further discussion. This paper examines the relationship between digital economy, R&D innovation and regional integration by taking three urban agglomerations in China from 2011 to 2018 as research samples. Referring to the existing research, this paper constructs regional integration index and digital economy index. The regional integration index is constructed from the perspectives of economy, science and technology and ecology. The entropy method is used to comprehensively measure the digital economic index at the urban level from the two levels of Internet development and digital inclusive financial development, and the relationship between them is empirically tested. The results show that both digital economy and R&D innovation help to improve the level of regional integration. R&D innovation plays a mediating role in the mechanism of digital economy influencing regional integration, and digital economy indirectly affects regional integration through R&D innovation. Further construct the spatial Durbin model to study the spatial spillover effect between digital economy and regional integration. It is found that digital economy has an obvious spatial spillover effect on regional integration. Specifically, the digital economy promotes regional integration in the region and inhibits regional integration in adjacent regions. Based on the research results, this paper puts forward the following policy suggestions: build and improve the digital economy system, increase the intensity of innovation, improve regional integration policies, and realize the development of regional integration.

Published in International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 3)
DOI 10.11648/j.ijefm.20221003.11
Page(s) 83-91
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Digital Economy, R&D Innovation, Regional Integration, Mediating Effect, Spatial Durbin Model

References
[1] Tinbergen J. International Economic Cooperatio [M]. the Netherlands: 1954.
[2] Balassa B. The Theory of Economic Intergration [J]. Kyklos. 1961, 1 (14): 1-17.
[3] Scott A J. World development report 2009: reshaping economic geography [J]. Journal of economic geography. 2008, 100 (35): 583-586.
[4] Estrada R. Global Dimension of Regional Integration (GDRI) Model [J]. FEA Working Paper. 2004, 7 (40): 218-234.
[5] Arturo. The global dimension of the regional intergration model (gdri-model) [J]. Modern Economy. 2013, 5 (4): 346-369.
[6] Shen J. Not quite a twin city: cross-boundary integration in HongKong and ShenZhen [J]. Habitat International. 2014, 5 (4): 138-146.
[7] Tapscott D. The Digital Economy: Promise and Peril In The Age of Networked Intelligence [M]. New York: McGraw Hill, 1996: 2-8.
[8] Brent R. Moulton, “GDP and the Digital Economy: Keeping up with the Changes” [J] Understanding the Digital Economy Data, 1999, 4 (5): 34-48.
[9] Kling R, Lamb R. IT and organizational change in digital economies [J]. ACM SIGCAS Computers and Society, 1999, 29 (3): 17-25.
[10] Haltiwanger, J dan Jarmin, R. S. Measuring the Digital Economy [M]. MIT Press Cambridge, 2000, 13-33.
[11] Moulton B R. “The system of national accounts for the new economy: What should change?”, Review of Income & Wealth, 2010, 50 (2): 261-278.
[12] Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL). The digital economy for structural change and equality [M]. Libros Y Documentos Institucionales, 2013.
[13] André H, Claudio A, Vianka A. Information And communication technologies and their impact in the economic growth of Latin America 1990-2013 [J]. Telecommunications Policy. 2016 (40): 485-501.
[14] Abdul A, Deb K. Information And communication technology and economic Growth In India [J]. Telecommunications Policy, 2016 (40): 412-431.
[15] Kapoor A. Financial inclusion and the future of the Indian e- conomy [J]. Futures, 2013 (10): 35-42.
[16] Pee LG. Customer co-creation in B2C e-commerce: does it lead to better new products? [J]. Electronic Commerce Research, 2016, 16 (2): 1-27.
[17] Ketteni E. Information Technology and Economic Performance in U.S Industries [J]. The Canadian Journal of Economics, 2009, 42 (3).
[18] Thompson P, Williamsb R, Thomas B. Are UK SMEs with active web sites more likely to achieve both innovation and growth? [J]. Journal of Small Business & Enterprise Developemnt, 2014, 20 (4): 934-965.
[19] Akcigit U, Caicedo S, Miguelez E, et al. Dancing with the Stars: Innovation through Interactions [R]. CEPR Discussion Papers, 2018.
[20] Lesage J P, Pace R K, 2009. Introduction to spatial econometrics [M]. Boca Raton: CRC Press.
Cite This Article
  • APA Style

    Zijian Chen, Yanan Sun. (2022). Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations. International Journal of Economics, Finance and Management Sciences, 10(3), 83-91. https://doi.org/10.11648/j.ijefm.20221003.11

    Copy | Download

    ACS Style

    Zijian Chen; Yanan Sun. Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations. Int. J. Econ. Finance Manag. Sci. 2022, 10(3), 83-91. doi: 10.11648/j.ijefm.20221003.11

    Copy | Download

    AMA Style

    Zijian Chen, Yanan Sun. Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations. Int J Econ Finance Manag Sci. 2022;10(3):83-91. doi: 10.11648/j.ijefm.20221003.11

    Copy | Download

  • @article{10.11648/j.ijefm.20221003.11,
      author = {Zijian Chen and Yanan Sun},
      title = {Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {10},
      number = {3},
      pages = {83-91},
      doi = {10.11648/j.ijefm.20221003.11},
      url = {https://doi.org/10.11648/j.ijefm.20221003.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221003.11},
      abstract = {Regional integration is a major national development strategy. Whether the rapid development of digital economy can promote R&D innovation and realize regional integration is worthy of further discussion. This paper examines the relationship between digital economy, R&D innovation and regional integration by taking three urban agglomerations in China from 2011 to 2018 as research samples. Referring to the existing research, this paper constructs regional integration index and digital economy index. The regional integration index is constructed from the perspectives of economy, science and technology and ecology. The entropy method is used to comprehensively measure the digital economic index at the urban level from the two levels of Internet development and digital inclusive financial development, and the relationship between them is empirically tested. The results show that both digital economy and R&D innovation help to improve the level of regional integration. R&D innovation plays a mediating role in the mechanism of digital economy influencing regional integration, and digital economy indirectly affects regional integration through R&D innovation. Further construct the spatial Durbin model to study the spatial spillover effect between digital economy and regional integration. It is found that digital economy has an obvious spatial spillover effect on regional integration. Specifically, the digital economy promotes regional integration in the region and inhibits regional integration in adjacent regions. Based on the research results, this paper puts forward the following policy suggestions: build and improve the digital economy system, increase the intensity of innovation, improve regional integration policies, and realize the development of regional integration.},
     year = {2022}
    }
    

    Copy | Download

  • TY  - JOUR
    T1  - Digital Economy, R&D Innovation and Regional Integration: A Study Based on Three Chinese Urban Agglomerations
    AU  - Zijian Chen
    AU  - Yanan Sun
    Y1  - 2022/05/12
    PY  - 2022
    N1  - https://doi.org/10.11648/j.ijefm.20221003.11
    DO  - 10.11648/j.ijefm.20221003.11
    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
    SP  - 83
    EP  - 91
    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20221003.11
    AB  - Regional integration is a major national development strategy. Whether the rapid development of digital economy can promote R&D innovation and realize regional integration is worthy of further discussion. This paper examines the relationship between digital economy, R&D innovation and regional integration by taking three urban agglomerations in China from 2011 to 2018 as research samples. Referring to the existing research, this paper constructs regional integration index and digital economy index. The regional integration index is constructed from the perspectives of economy, science and technology and ecology. The entropy method is used to comprehensively measure the digital economic index at the urban level from the two levels of Internet development and digital inclusive financial development, and the relationship between them is empirically tested. The results show that both digital economy and R&D innovation help to improve the level of regional integration. R&D innovation plays a mediating role in the mechanism of digital economy influencing regional integration, and digital economy indirectly affects regional integration through R&D innovation. Further construct the spatial Durbin model to study the spatial spillover effect between digital economy and regional integration. It is found that digital economy has an obvious spatial spillover effect on regional integration. Specifically, the digital economy promotes regional integration in the region and inhibits regional integration in adjacent regions. Based on the research results, this paper puts forward the following policy suggestions: build and improve the digital economy system, increase the intensity of innovation, improve regional integration policies, and realize the development of regional integration.
    VL  - 10
    IS  - 3
    ER  - 

    Copy | Download

Author Information
  • International Department, Jinan Foreign Language School, Jinan, China

  • School of Economics, Ocean University of China, Qingdao, China

  • Sections