Research On The Impact Of Technology Market Thickness And Fluency On High Technology Industry Innovation

Technological innovation is the main driving force for economic development,which is the key to measuring national competitiveness.The industry with the strongest scientific and technological has been concentrated in the high technology industry,which reflects the forefront technological innovations in China.The technology market is an important trading place for the technological innovation achievements of high technology enterprises in China.In addition,the technology market is the channel to make up for the technical shortage of enterprises,which plays an important role in the innovation of the high technology industry.The existing research results show that the research on the relationship between technology market and innovation mostly stays at the thickness of the technology market,which does not comprehensively analyze the impact mechanism of other elements of the technology market on innovation.Besides,the existing research pays more attention to the unidirectional relationship between technology market and innovation,which lack the research on the interaction between technology market and innovation.Based on the technology market design theory,this dissertation studies the mechanism and interaction mechanism between the technology market thickness,fluency and high technology industry innovation,which remedies the above-mentioned deficiencies,and enriches the technology market theory and high technology industry innovation theory.Firstly,based on the theory of technological innovation and market design theory,the dissertation analyzes the mechanism of technology market thickness and the fluency on innovation,which lays a solid theoretical foundation for the in-depth study.Then,the dissertation analyzes the development status of high technology industry innovation and technology market from the perspective of comprehensive development and regional development,and finds that high technology industry innovation and technology market indicators are in good development,but regional development is relatively unbalanced.Thegap between different provinces and cities in the region is also very obvious.Secondly,the dissertation conducts an empirical analysis of the influence and interaction between the thickness and fluency of the technology market and the high technology industry.In the dissertation,the panel data regression model and the panel threshold model are used to study the influence effects between variables.It is found that the thickness of the technology market is positively promoting innovation,and the fluency of technology market negatively affects the innovation.Further research on the thickness of the technology market by means of the threshold mechanism.The non-linear impact mechanism of technology market fluency on innovation,in order to deeply analyze the impact of technology market thickness and technology market fluency on innovation under different threshold mechanism.Then,the dissertation continues to use the vector autoregressive model to study the interaction between technology market thickness,technology market fluency and innovation,in order to verify the interaction mechanism and long-term mechanism of variables.Finally,the dissertation combines the above analysis to draw the conclusions of the study and propose corresponding policy recommendations.The conclusions of the study include:the effect of technology market thickness on the innovation output of high technology industry is positive,the comprehensive elasticity coefficient is positive;the technology market thickness and high technology industry innovation output have a good interaction mechanism,and the innovation output to the technology market The thickness has formed a good benign feedback.The negative market mechanism of the technology market fluency to the high technology industry innovation output is greater than the forward mechanism,the comprehensive elasticity coefficient is negative.The technology market fluency and the high technology industry innovation output have not yet formed Good interaction mechanisms cannot promote each other.Under the threshold of the same innovation output,the thickness and fluency of the technology market are positively and negatively negative for the regression coefficient of high technology industry innovation output,showing the opposite impact mechanism.The technology market thickness and fluency have a certain positive interaction mechanism.Therefore,the dissertation puts forward corresponding policy recommendations.First,develop the technology market and optimize the thickness and fluency of the technology market.In the underdeveloped areas of the technology market,promote the development of the technology market and increase the thickness of the technology market.In areas where the technology market is more developed,while promoting the development of the thickness of the technology market,it is necessary to further develop science and technology intermediaries,improve the mechanism of technology assessment,improve the efficiency of resource allocation in the technology market,and optimize the fluency of the technology market.Second,strengthen the management of the technology market and increase the thickness of the technology market.Regional governments with lower innovation output should formulate relevant policies to optimize the technology market,increase the enthusiasm of enterprises to conduct transactions in the technology market,and increase the thickness of the technology market.In areas with high innovation output,on the one hand,we must maintain the thickness of the technology market,on the other hand,we must optimize the fluency of the technology market,so that the positive impact mechanism of the thickness and fluency of the technology market on innovation output should fully play its due role.Third,pay attention to the matching degree between technology market policy system and technology market development,and give play to the positive impact mechanism of technology market fluency.in areas with lower innovation output,improving technology market fluency.In areas with high innovation output,the government should focus more on optimizing the technology market order,enhancing the efficiency of resource allocation in the technology market,and developing technology service intermediaries,so that the positive impact effect of technology market fluency can sufficient promote innovative output.