The Difference in Provincial R&d Expenditure and the Relation of This Expenditure with Gdp Per Capita
Autor: AmelieGranger • December 3, 2013 • Research Paper • 796 Words (4 Pages) • 1,161 Views
Abstract: Through utilization of the recent ten years S&T statistics data from the Ministry of Science and Technology of the People's Republic of China,this paper collected the relevant data,did an analysis on the development trends and characteristics of the ratio of R&D expenditure to GDP with regard to regions from 1999 to 2009,and also examined the difference of R&D expenditure to GDP with regard to regions. Moreover,this paper testified such a hypothesis that there exists a generally positive relationship between the R&D expenditure intensities with regard to regions and GDP per capita of China.
Key words: R&D expenditure; regional S&T input; difference; correlation
Introduction
In the implementation of the "Revitalize the nation through science and education" as well as the process of building an innovation-oriented country , China has pay much attention on science and technology investment issues , all levels of government increases financial investments in technology, and also take some incentives to promote investment in science and technology enterprises . Institutionally , China's " Science and Technology Progress Law" has defined clearly on the government's responsibility in terms of science and technology investment ; from a practical point of view,China 's science and technology investment finance the government increased by 40 times since 1978 ; from 2000 to 2009 , China's R & D expenditures increased from 895 million yuan to 5802 million yuan, making an average annual growth rate of 23 07 % , much faster than the growth rate of GDP ; China's R & D expenditures accounted for proportion of GDP continued to grow by 0.90% to 1.7% , almost doubled in just a decade. Meanwhile, provinces and autonomous regions are constantly improving technology investment. In particular, some developed regions (such as Beijing), through institutional arrangements and incentives, its R & D expenditure share of GDP has been close to or even more than some of the intensity of the developed countries.
R&D expenditure as a percentage of GDP is viewed as an important indicator to evaluate a country's investment in innovation. R&D spending as a percentage of GDP in China was 1.54 percent in 2008.The growth rate of fiscal expenditure in R&D surpassed the growth rate of fiscal revenue, Lou said when delivering a report to the ongoing bi-monthly session of the Standing Committee of the National People's Congress, the country's top legislature.Fiscal expenditure in science and
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