Research on the Impact of Innovation Factor Agglomeration on the Development of Provincial Digital Economy

Abstract

In the context of the rapid development of digital China, data has become a key element of production, and new generation technologies such as artificial intelligence and computing networks have accelerated integration and innovation. However, there is a significant “provincial gap” in the development of our country’s digital economy, and the gap between the east coast and the inland in the central and western regions is obvious, which is closely related to the spatial imbalance of innovation elements such as high-end talents, R&D capital, key technologies and data resources. Therefore, this paper selects 30 provinces in China (Tibet region, Hong Kong region, Macao region and Taiwan region are not included in the statistics due to serious lack of data) as the research objects, and uses entropy to synthesize the aggregation level (Ino) of innovation factors in 30 provinces from 2011 to 2022, covering three dimensions: talent, technology and capital. From the perspectives of digital infrastructure, digital industry development and digital financial inclusion, the comprehensive value (De) of the digital development level of each region from 2011 to 2022 is obtained, and control variables such as technology market development, urbanization level, government intervention, openness, employment density and regional financial development intensity are included, and the two-way fixed effect is selected as the benchmark regression model. Finally, through empirical research, the aggregation of innovation factors can significantly promote the development of the regional digital economy, and the robustness test of innovation factor aggregation has been postponed for a period of time, and the positive promotion results are still significantly improved, and finally the corresponding policy conclusions are given.