Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24–26, 2024, Jinan, China

Research Article

An Empirical Analysis of the Impact of Innovative Human Capital on Economic Growth

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  • @INPROCEEDINGS{10.4108/eai.24-5-2024.2350091,
        author={Yiling  Gong and Shixuan  Zhang and Chunfu  Zhang and Jiawen  Yang},
        title={An Empirical Analysis of the Impact of Innovative Human Capital on Economic Growth},
        proceedings={Proceedings of the 3rd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2024, May 24--26, 2024, Jinan, China},
        publisher={EAI},
        proceedings_a={MSEA},
        year={2024},
        month={10},
        keywords={innovative human capital economic growth the cobb-douglas production function empirical analysis},
        doi={10.4108/eai.24-5-2024.2350091}
    }
    
  • Yiling Gong
    Shixuan Zhang
    Chunfu Zhang
    Jiawen Yang
    Year: 2024
    An Empirical Analysis of the Impact of Innovative Human Capital on Economic Growth
    MSEA
    EAI
    DOI: 10.4108/eai.24-5-2024.2350091
Yiling Gong1, Shixuan Zhang1, Chunfu Zhang1,*, Jiawen Yang1
  • 1: Zhuhai College of Science and Technology
*Contact email: cfzhang@zcst.edu.cn

Abstract

In today's rapid development of knowledge economy and network, innovative human capital is an important element for the development of a region and the core of regional economy. As a special economic zone and innovation center in China, it is important for Shenzhen to assess the potential impact of its innovative human capital on economic growth. Therefore, this paper takes Shenzhen as an example to explore the impact of innovative human capital on economic growth based on the Cobb-Douglas production function model and economic statistics methods, and deeply analyze its intrinsic connection. The empirical analysis shows that: the level of science and technology innovation and the rest of the influencing factors in Shenzhen have a significant role in promoting economic growth; the impact of innovative human capital stock on economic growth is positive and strong; Shenzhen is in the leading position in science and technology innovation. In future economic development, other provinces and cities can learn from Shenzhen's experience to promote sustained high-quality economic development with innovative human capital.