IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0317742.html
   My bibliography  Save this article

How regional innovation and entrepreneurship vitality affects residents’ leisure consumption potential—utility differences between educational investment and scientific and technological investment

Author

Listed:
  • Yunying Cai
  • Wenhe Lin
  • Jinfa Zhong
  • Qiqi Hu
  • Yaqing You

Abstract

Innovation and entrepreneurship vitality, as a key factors in the development of the digital economy, significantly affects both regional economic development and residents’ consumption capacity. On the basis of the panel data of 31 provinces and cities in China from 2010 to 2022, this paper explores the impact of regional innovation and entrepreneurship vitality on residents’ leisure consumption potential and its internal mechanism. Research has shown that innovation and entrepreneurship vitality drives leisure consumption potential. Furthermore, regional innovation and entrepreneurship vitality can effectively increase educational investment, which in turn increases residents’ leisure consumption potential. Although scientific and technological investment can significantly increase innovation and entrepreneurship vitality, it curtails the development of residents’ leisure consumption potential. In addition, there are significant differences in the effect of regional innovation and entrepreneurial vitality on residents’ leisure consumption potential in different policy environments and demographic structure. Diverse policies help to better stimulate regional innovation and entrepreneurship influence on residents’ leisure consumption. The development of innovation and entrepreneurship vitality can effectively stimulate the leisure consumption potential of residents in areas with low population mobility, which compensate for the decrease of leisure consumption due to the lack of external population. On the basis of the inconsistency between economic development and residents’ spiritual needs in China’s major contradictions, this study further explores the coordination between scientific and technological development and individuals’ needs for a better life, and further complements and justifies the literature in the field of innovation and consumption.

Suggested Citation

  • Yunying Cai & Wenhe Lin & Jinfa Zhong & Qiqi Hu & Yaqing You, 2025. "How regional innovation and entrepreneurship vitality affects residents’ leisure consumption potential—utility differences between educational investment and scientific and technological investment," PLOS ONE, Public Library of Science, vol. 20(2), pages 1-25, February.
    • Handle: RePEc:plo:pone00:0317742
    DOI: 10.1371/journal.pone.0317742
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0317742
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0317742&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0317742?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sascha Kraus & William McDowell & Domingo Enrique Ribeiro-Soriano & María Rodríguez-García, 2021. "The role of innovation and knowledge for entrepreneurship and regional development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(3-4), pages 175-184, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Silveli Cristo-Andrade & João J. Ferreira & Arilda Teixeira & William C. McDowell, 2024. "Knowledge spillovers in business intelligence organisations: a strategic entrepreneurship perspective," International Entrepreneurship and Management Journal, Springer, vol. 20(2), pages 733-759, June.
    2. Lina Mao & Chongluan Lu & Guangfan Sun & Chunyan Zhang & Changwei Guo, 2024. "Regional culture and corporate finance: a literature review," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.
    3. Benedicta Prihatin Dwi Riyanti & Angela Oktavia Suryani & Christine Winstinindah Sandroto & Silverius Y. Soeharso, 2022. "The construct and predictive validity testing of Indonesian entrepreneurial competence inventory-situational judgment test model," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-19, December.
    4. Gutuleac, Rada & Giachino, Chiara & Vilamová, Šárka & Ferraris, Alberto, 2025. "Demystifying sustainable innovation and governance in family firms: A critical review," Technological Forecasting and Social Change, Elsevier, vol. 212(C).
    5. Sanja Tišma & Mira Mileusnić Škrtić & Sanja Maleković & Daniela Angelina Jelinčić & Ivana Keser, 2024. "Empowering Innovation: Advancing Social Entrepreneurship Policies in Croatia," Sustainability, MDPI, vol. 16(15), pages 1-28, August.
    6. Mushab Rashid & Muhammad Khalid Anser & Syed Tahir Hussain Shah & Agha Amad Nabi & Ishfaq Ahmad & Khalid Zaman, 2025. "Fostering entrepreneurship: analyzing the influence of access to finance, innovation investment, educational attainment, infrastructure development, and regulatory environment," Future Business Journal, Springer, vol. 11(1), pages 1-21, December.
    7. Azizi, Mohammad & Salmani Bidgoli, Masoud & Maley, Jane F. & Dabić, Marina, 2022. "A stewardship perspective in family firms: A new perspective for altruism and social capital," Journal of Business Research, Elsevier, vol. 144(C), pages 764-775.
    8. Sagar Mani Neupane & Prakash C. Bhattarai & Charles L. Lowery, 2025. "Personality traits in describing entrepreneurial intentions: a sequential mixed methods study," Journal of Innovation and Entrepreneurship, Springer, vol. 14(1), pages 1-35, December.
    9. Tianjun Xu & Gangmin Weng & Wei Guo & Yidan Cao, 2023. "Spatio-Temporal Differentiation of Regional Innovation Chain: Evidence From Beijing-Tianjin-Hebei Region," SAGE Open, , vol. 13(4), pages 21582440231, December.
    10. Qigang Yuan & Yongsheng Ji & Wei Zhang & Ting Lei, 2024. "Cross-Border E-Commerce and Urban Entrepreneurial Vitality—A Quasi-Natural Experiment Evidence from China," Sustainability, MDPI, vol. 16(5), pages 1-23, February.
    11. Pan, Yuxi & Zhang, Siqian & Zhang, Mengyue, 2024. "The impact of entrepreneurship of farmers on agriculture and rural economic growth: Innovation-driven perspective," Innovation and Green Development, Elsevier, vol. 3(1).
    12. Ishmael Obaeko IWARA, 2024. "Entrepreneurial Value Proposition Proficiency Diagnosis: A KAP Model Dimension," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(3), pages 483-506, October.
    13. S. V. Terebova & S. L. Ivanov, 2025. "Innovative Activity of Russian Industrial Enterprises in Modern Conditions: Problems, Specifics, Solutions," Studies on Russian Economic Development, Springer, vol. 36(3), pages 430-439, June.
    14. Olena Khlystova & Yelena Kalyuzhnova, 2023. "The impact of the creative industries and digitalization on regional resilience and productive entrepreneurship," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1654-1695, October.
    15. Maurer, Joshua D. & Creek, Steven A. & Bendickson, Joshua S. & McDowell, William C. & Mahto, Raj V., 2022. "The three pillars’ impact on entrepreneurial activity and funding: A country-level examination," Journal of Business Research, Elsevier, vol. 142(C), pages 808-818.
    16. Rosalia Castellano & Gaetano Musella & Gennaro Punzo, 2023. "Does context matter? Exploring the effects of productive structures on the relationship between innovation and workforce skills’ complementarity," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 1991-2011, June.
    17. Arilla-Llorente, Ramon & Gavurova, Beata & Rigelsky, Martin & Ribeiro-Soriano, Domingo, 2024. "Quantifying the dynamics of relationships between eco-innovations and SDG 8," Energy Economics, Elsevier, vol. 130(C).
    18. Dzuljastri Abdul Razak & Suhaimi Mhd. Sarif & Abdullah Sarwar, 2025. "Unveiling the Determinant of Humanized Business Intention Among Malaysia SMEs," Administrative Sciences, MDPI, vol. 15(2), pages 1-17, February.
    19. Audretsch, David B. & Belitski, Maksim, 2024. "Knowledge collaboration, firm productivity and innovation: A critical assessment," Journal of Business Research, Elsevier, vol. 172(C).
    20. Rosado-Cubero, Ana & Hernández, Adolfo & Blanco Jiménez, Francisco José & Freire-Rubio, Teresa, 2023. "Promotion of entrepreneurship through business incubators: Regional analysis in Spain," Technological Forecasting and Social Change, Elsevier, vol. 190(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pone00:0317742. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.