Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Innovation and High-Quality Economic Development: An Empirical Analysis of Fujian Province.

Version 1 : Received: 4 July 2023 / Approved: 4 July 2023 / Online: 4 July 2023 (10:36:58 CEST)

How to cite: Zhang, P.; Liu, G.; Zhang, G. Innovation and High-Quality Economic Development: An Empirical Analysis of Fujian Province.. Preprints 2023, 2023070201. https://doi.org/10.20944/preprints202307.0201.v1 Zhang, P.; Liu, G.; Zhang, G. Innovation and High-Quality Economic Development: An Empirical Analysis of Fujian Province.. Preprints 2023, 2023070201. https://doi.org/10.20944/preprints202307.0201.v1

Abstract

With the rapid development of the economy and the transformation of social contradictions, the economic development model in China has also changed, and a high-quality economic development model has been proposed. This paper uses the entropy method to measure the level of innovation and high-quality economic development in nine prefecture-level cities in Fujian Province from 2011 to 2020, and finds that the overall level shows an increasing trend year by year, but there are obvious regional differences. By constructing a grey correlation degree model, it is found that the innovation subsystem and the high-quality economic development are strongly correlated, the development level of innovation and the subsystem of high-quality economic development are both strongly correlated, the grey correlation degree from high to low is green, coordinated, shared, and livelihood, indicating that innovation has a significant impact on high-quality economic development. Based on the research results, countermeasures and suggestions are proposed to promote the coordinated development of innovation and high-quality economy.

Keywords

high-quality economic development; innovation; entropy method; grey correlation degree model; Fujian Province

Subject

Business, Economics and Management, Economics

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