Title: ARCH Model Approach to Measuring Function of Government in the Science & Technology Auto-organization System
Abstract: To assure stable transformation of science & technology reform in China, function of government should be relocated in the science & technology system. ARCH model is adopted to make an empirical analysis to study the function of government in the science & technology system. The results indicate that there is obvious difference in science & technology mechanism between western market economy and ours. In China, science & technology can not reach stable state by its own force, except for exterior force. Under the condition of incapability of science & technology system to stabilize itself, exterior intervention of government on science & technology system is the premise for stabilization, otherwise, it will plunge into fluctuation.
Publication Year: 2011
Publication Date: 2011-11-21
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 1
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