Establishing Science Parks Everywhere? Misallocation in R&D and Its Determinants of Science Parks in China

Project Details

Description

Establishing science parks is a widely adopted strategy to develop high-tech industries and facilitate innovations across countries. The success of a science park depends heavily on its supportive environment, suggesting that it could not be transplanted everywhere. As China is witnessed to establish many science parks across regions, this project aims to evaluate the degree of misallocation in R&D and its determinants across science parks in China. Borrowing the concept of resource misallocation developed in Hsiech and Klenow (2009), this project will calculate the R&D efficiency of science parks at first. It enables us to evaluate the degree of misallocation in R&D resources. Next, this project will examine determinants of R&D misallocation, mainly park characteristics and environmental characteristics.
StatusFinished
Effective start/end date1/08/1831/07/19

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 11 - Sustainable Cities and Communities
  • SDG 12 - Responsible Consumption and Production
  • SDG 17 - Partnerships for the Goals

Keywords

  • Science parks
  • Innovation
  • R&D
  • Misallocation
  • Efficiency

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