Mechanism and Test of the Impact of Lack of Human Capital on Ecological Development in Innovation Sector
Author(s) -
Xu Xing
Publication year - 2021
Publication title -
mathematical problems in engineering
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.262
H-Index - 62
eISSN - 1026-7077
pISSN - 1024-123X
DOI - 10.1155/2021/6665251
Subject(s) - human capital , mechanism (biology) , correctness , government (linguistics) , empirical research , economics , panel data , industrial organization , economic system , business , economic growth , econometrics , computer science , philosophy , linguistics , epistemology , programming language
Based on the endogenous growth model and scenario simulation, this paper theoretically analyzes the internal mechanism of the impact of the lack of human capital in innovation departments on ecological development. The simulation results show that the lack of human capital in the innovation sector not only has a significant inhibitory effect on ecological development, but this inhibitory effect positively depends on the accumulation effect of R&D stock on knowledge production and the effect of learning-by-doing. On this basis, the empirical test of the above conclusions with the help of interprovincial panel data confirms its correctness, and the empirical results are robust. Therefore, it is recommended that the government builds an appropriate human capital allocation and compensation mechanism to induce human capital to enter the innovation sector, so as to shape a development and innovation efficiency model that is consistent with economic and ecological goals.
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