Quantitative Research on the Science and Technology Investment and Economic Growth of Guangdong Province from the Perspective of Intelligent Data Analysis

• Published in: Journal of physics. Conference series Vol. 1861; no. 1; p. 12018
• Main Author: Jiayi, Zhong
• Format: Journal Article
• Language: English
• Published: Bristol IOP Publishing 01.03.2021
• Subjects: Data analysis; Economic analysis; Economic development; Expenditures; Impact analysis; Physics; Quantitative analysis; R&D; Research & development; Research facilities; Science
• DOI: 10.1088/1742-6596/1861/1/012018
• ISSN: 1742-6588

Abstract Intelligent data analysis can use data analysis tools such as statistics and data abstraction to discover the correlation between variables in the data. Use the relevant principles of intelligent data analysis to quantitatively research the relationship between Guangdong Province’s financial technology investment, R&D expenditure and economic development. The quantitative results show that both government financial investment in science and technology and R&D expenditure have an important impact on economic development. Among them, the influence of R&D expenditure is more significant, and there is also a clear positive relationship between government financial investment in science and technology and R&D expenditure. Based on the results of intelligent data analysis, it is proposed that Guangdong Province should make great breakthroughs in the leveraging of financial science and technology funds, the implementation of the main role of enterprises in science and technology investment, and strengthening of scientific research capabilities of scientific research institutions to provide new momentum for achieving high-quality economic development.