Evaluation of Regional Technological Innovation Capacity Based on Factor Analysis: Taking Henan Province as an Example

Authors

  • Shihan Guo

DOI:

https://doi.org/10.54097/fbem.v9i1.8595

Keywords:

Technological innovation capacity, Evaluation index system, Factor analysis, Henan province.

Abstract

As a big province in central China, the improvement of technological innovation capacity in Henan Province plays an important role in the improvement of technological innovation capacity in the central region and even in the whole country. The article constructs a comprehensive evaluation index system from three dimensions of technological innovation: input, output, and environment, including four important subjects: government, enterprises, higher education institutions and research and development institutions. Three common factors, enterprise innovation factor, learning and research innovation factor and higher education environment factor, are extracted by factor analysis method to evaluate the technological innovation capacity of Henan Province. The results show that the comprehensive score of technological innovation capacity in Henan Province lies in the national average level, among which the environmental factor of higher education ranks highest, but the enterprise innovation factor and the learning and research innovation factor rank behind. Therefore, Henan Province needs to rely on the relevant strategies of regional integration, accelerate the construction of collaborative innovation industrial system, actively establish docking cooperation with higher education institutions and research and development institutions, optimize the allocation of higher education resources, and further improve the technological innovation capacity of enterprises and the technological innovation results transformation capacity of higher education institutions and research and development institutions.

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Published

19-05-2023

How to Cite

Guo, S. (2023). Evaluation of Regional Technological Innovation Capacity Based on Factor Analysis: Taking Henan Province as an Example. Frontiers in Business, Economics and Management, 9(1), 188–196. https://doi.org/10.54097/fbem.v9i1.8595

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Articles