Empirical study on green development of marine economy driven by marine scientific and technological innovation and its influencing factors

In this study, the green development of marine economy driven by marine scientific and technological innovation is empirically studied and the influencing factors are analyzed. The results show that the development of marine science and technology is significantly positively correlated with the green development of marine economy as a whole, and each input variable has a promoting effect on economic development, but with varied degree of effect. The analysis on the growth models of Circum-Bohai Sea Economic Zone, Yangtze River Delta Economic Zone and Pearl River Delta Economic Zone shows that at present, science and technology in each marine economic zone play an obvious role in promoting economic development, and each input variable plays a different role in promoting the green development of regional marine economy. With the help of threshold panel model, the influences of five factors, namely opening to the outside world, government investment, financial development, human capital and technology investment, on the green development of marine economy driven by marine scientific and technological innovation are investigated, and it is concluded that all kinds of external influencing factors will interfere with the role of marine scientific and technological innovation and achieve the effect of promoting or restricting it.

Automated summary

This study empirically investigates the green development of marine economy driven by marine scientific and technological innovation and analyzes the influencing factors. The results indicate a significant positive correlation between the development of marine science and technology and the green development of marine economy as a whole. Various input variables have a promoting effect on economic development, but with varying degrees. The growth models of different marine economic zones show that science and technology play a noticeable role in promoting economic development, and each input variable has a different impact on the green development of regional marine economy. By using the threshold panel model, the study investigates the influences of five factors on the green development of marine economy driven by marine scientific and technological innovation, and concludes that external factors can either promote or restrict the role of marine scientific and technological innovation.