Abstract
Based on endogenous R&qmp;D activities from new growth theory, this paper empirically explores the effects of indigenous technological spillovers on innovative performance of high-tech industry in the Yangtze River Delta, through both sectoral and regional regression models using panel data from 1997 to 2006. The result of sectoral regression demonstrates that agglomeration of industrial specialization induces weakly negative effects of technological spillovers in Yangtze River Delta. The findings of regional regression indicate that Shanghai as the innovation pole in the region provides positive effects for both Jiangsu and Zhejiang areas, while Zhejiang benefits from Shanghai as well as Jiangsu, and that Jiangsu receives positive effects from Shanghai but suffers from Zhejiang at the same time.
JEL Classification: O14, O18, O32
