Research on the influence of technological innovation on regional economic growth based on neural network in Shaanxi, China
International Journal of Innovation Science
ISSN: 1757-2223
Article publication date: 22 January 2025
Abstract
Purpose
The study aims to measure the contribution rate of scientific and technological progress of Shaanxi province and find out the main driving force of its economic development, which has important reference significance for formulating and implementing the economic and social development strategy of Shaanxi Province and other regions.
Design/methodology/approach
By comparing and referring to the advantages and disadvantages of existing research methods, this paper combined C-D production function and Solow residual method to calculate the elastic coefficient through neural network algorithm, and then calculated the contribution rate of technological innovation to economic growth in Shaanxi province as a whole and in various regions, analyzed and put forward reasonable suggestions.
Findings
The results show that the economic growth is mainly depends on capital investment, and the contribution rate of technological innovation to economic growth is low and fluctuates greatly. In the future, each region of Shaanxi should improve the ability of technological innovation to speed up the economic transformation to the intensive type.
Originality/value
To make the technological innovation in Shaanxi province and other regions play a more significant role in promoting economic growth and accelerate the productivity and economic transformation of Shaanxi Province, the following suggestions are put forward, strengthen the coordinated development of innovation and economy in all regions of Shaanxi. Second, this paper need to give full play to the role of policy support and incentives. Third, this paper need to improve the market system and vigorously support enterprise innovation. Fourth, use new and high technology to transform and upgrade industrial technology. Fifth, this paper need to speed up the development of high-quality personnel.
Keywords
Acknowledgements
This work was supported in part by the Shaanxi Educational Science Project under Grant SGH23Y2481, in part by the Shaanxi Natural Science Foundation under Grant 2024JC-YBQN-0760, in part by the Shaanxi Education Department Key Project under Grant 22JT038. The author would like to thank the editor and reviewers for helpful comments.
Citation
Li, X. and Su, W. (2025), "Research on the influence of technological innovation on regional economic growth based on neural network in Shaanxi, China", International Journal of Innovation Science, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJIS-11-2023-0240
Publisher
:Emerald Publishing Limited
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