Measurement and Comparison of the Innovation Spatial Spillover Effect: A Study Based on the Yangtze River Delta and the Pearl River Delta, China

Innovation is an important factor to improve the quality of economic growth, and amplifying the innovation spatial spillover effect is an important measure to support the development of innovation. Scholars have carried out diversified research on the innovation spatial spillover effect, but there is still practical significance for deepening the research on the spatial spillover effect. In particular, the multi-angle comparative study in different regions still has research value, especially for the field of urban agglomeration integration. The spatial econometric model is a common method to measure spatial spillover effect. In order to carry out a multi-angle comparative study of innovation spatial spillover effects in different regions, this study takes two typical integrated urban agglomerations of the Yangtze River Delta and the Pearl River Delta in China as the object, and conducts a comparative study of the evolutionary characteristics of innovation spatial spillover effects based on urban scale data and the spatial econometric model. Differently from previous studies, invention patents are adopted to characterize the innovation level. The results show that there are significant positive innovation spatial spillover effects in the Yangtze River Delta and the Pearl River Delta, and the spatial spillover effect in the Yangtze River Delta is stronger. The spatial spillover effect exhibits significant spatiotemporal heterogeneity. For example, the spatial spillover effect in the core region and the fringe region of the urban agglomeration exhibits a positive effect, but the Yangtze River Delta is stronger than the Pearl River Delta. As an important innovation, the spatial spillover effects both exhibit the evolutionary characteristics of “inverted U-shape” based on the changes in geographical distance, and the spatial spillover effect of the Yangtze River Delta is always larger. Based on the empirical research, we propose promoting high-quality development by strengthening urban agglomeration cooperation, realizing urban agglomeration expansion in an orderly way, and improving the macro-political system.