Author(s)

Li Zhenzhen ¹

Affiliation(s)

¹ School of Public Administration, Dalian University of Technology, Dalian, Liaoning, China

Corresponding Author

Li Zhenzhen

ABSTRACT

In order to promote better development in the field of technological innovation, the government needs to timely establish and enhance an adaptive policy framework to maximize the effectiveness of policies. Against this backdrop, studying the impact of technological innovation policies on corporate innovation performance holds both theoretical and practical significance. This study utilizes text mining techniques to conduct thematic analysis and keyword extraction on national technological innovation policies from 2009 to 2018. It further compares and analyzes the similarities and differences in technological innovation policies among selected provinces over the past decade. Employing text sentiment analysis technology and considering the inherent characteristics of technological innovation policies, a policy polarity analysis is conducted to obtain incentive scores, responsibility scores, and policy tones from policy texts, exploring the emotional orientation of policies. Taking manufacturing-related policies in various provinces as an example, the study combines text mining techniques with the quantification of policy texts to empirically investigate the role of technological innovation policy polarity and tone in innovation performance nationwide.

KEYWORDS

Technological innovation policies, text sentiment analysis technology, innovation performance nationwide

CITE THIS PAPER

Li Zhenzhen, Research on the influence of science and technology innovation policy on innovation performance based on text mining. Information Systems and Economics (2023) Vol. 4: 134-147. DOI: http://dx.doi.org/10.23977/infse.2023.040918.

REFERENCES

[1] Wang M, Li Z. Level, type and firm innovation of science and technology innovation policy: an empirical analysis based on survey data[J]. Science and Management of Science and Technology, 2019, 39(11): 20-30.
[2] Du W, Song Y, Li J, et al. An analysis of policy evolution and regional differences in the transformation of scientific and technological achievements: A case study of Beijing-Tianjin-Hebei and Yangtze River Delta[J]. Science and Management of Science and Technology, 2020, 38(02): 3-11.
[3] Amankwah-Amoah J. The evolution of science, technology and innovation policies: A review of the Ghanaian experience [J]. Technological Forecasting and Social Change, 2021, 30(110): 134- 142.
[4] Zhang Y, Geng J, Wang Y. Systematic classification of regional science and technology innovation policies in China: a study based on Zhongguancun data[J]. Journal of Systems Science, 2022, 24(02): 92-95.
[5] Justicia De La Torre C, Sanchez D, Blanco I, et al. Text: mining: Techniques, applications, and challenges[J]. International Journal of Uncertainty Fuzziness and Knowledge-Based Systems, 2021, 26(04): 553-582.
[6] Zhang B, Li Peng, Chen J, et al. The topic analysis and evolution process of national science and technology innovation policy: the perspective of basic text mining[J]. Science and Management of Science and Technology, 2019, 40(11): 15-31.
[7] Kayser V, Blind K. Extending the knowledge base of foresight: The contribution of text mining[J]. Technological Forecasting and Social Change, 2018, 116(18): 208-215.
[8] Yang Y, Zhou Q, Li Wei. The impact of pilot policies on innovation performance of innovation-oriented enterprises: Empirical evidence from micro-enterprises[J]. Economic Review, 2018, 20(01): 91-105.
[9] He K, Wang Y, Zhang L, et al. Tax incentives, innovation output and innovation efficiency: An empirical test based on the policy of additional deduction for R&D expenses[J]. East China Economic Management, 2020, 34(01): 37-48.

Sponsors, Associates, and Links

---

• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Financial Engineering and Risk Management
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics