Analyzing Government R&D Expenditure Structure Variations in China: Insights from Knowledge Spillover Empirical Studies

Abstract

This research investigates the dynamic variations in the structure of government Research and Development (R&D) expenditure in China, with a focus on understanding the influence of knowledge spillover. Employing empirical studies and econometric analysis, the study explores how knowledge spillover mechanisms impact the allocation of R&D funds across different sectors and regions. Drawing on data spanning multiple years, the research examines the patterns of government R&D investment, considering factors such as technological innovation, industrial development, and regional disparities. Through rigorous statistical analysis, this study identifies key determinants driving changes in the distribution of R&D expenditure, including the intensity of knowledge spillover effects, government policy interventions, and sector-specific dynamics. Moreover, it investigates the implications of these variations for China's innovation ecosystem, economic growth, and regional development disparities. By shedding light on the intricate relationship between government R&D expenditure structures and knowledge spillover dynamics, this research provides valuable insights for policymakers, researchers, and practitioners seeking to optimize R&D investment strategies, foster innovation-driven growth, and promote balanced regional development in China's evolving economic landscape.