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Research on the Influence of Scientific and Technological Innovation on the Development of the Commercial Circulation Industry under the New Development Pattern

In: Economic Management and Big Data Application Proceedings of the 3rd International Conference

Author

Listed:
  • Xuedi Zhang
  • Yiyi Jiang

Abstract

Under the new development pattern, innovation-driven is the fundamental driving force for promoting the development of commercial circulation, but the level of innovation and the development level of commercial circulation of different regions are different. Therefore, it is worth exploring whether there are regional differences in the influence of the level of scientific and technological innovation on the development of the commercial circulation industry. Based on the provincial panel data, this paper studies the impact of scientific and technological innovation on commercial circulation and regional differences. Studies have shown that, on the whole, scientific and technological innovation has a significant role in promoting the development of the commercial circulation industry. In terms of regions, scientific and technological innovation in the western, central, and eastern regions also has significant positive impacts on the development of the commercial circulation industry, but its impact on the commercial circulation industry in the northeast region is not significant. Finally, it puts forward relevant suggestions such as promoting the integration of production, education, and research, strengthening government support, and promoting international scientific and technological cooperation.

Suggested Citation

  • Xuedi Zhang & Yiyi Jiang, 2024. "Research on the Influence of Scientific and Technological Innovation on the Development of the Commercial Circulation Industry under the New Development Pattern," World Scientific Book Chapters, in: Sikandar Ali Qalati (ed.), Economic Management and Big Data Application Proceedings of the 3rd International Conference, chapter 89, pages 999-1005, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811270277_0089
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    More about this item

    Keywords

    Big Data; Information Management; Economic; Data Applications; Blockchain; E-commerce;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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