Estimation of Innovation Ability in Guangdong-Hong Kong-Macao Greater Bay Area

• 1、College of Economics, Jinan University, Guangzhou 510632

Abstract：According to the social system and economic development level, this paper divides the Guangdong-Hong Kong-Macao Greater Bay Area(GBA) into three groups: the first group of cities (Hong Kong, Macao), the second group of cities (Guangzhou, Shenzhen, Zhuhai), the third group of cities (Foshan, Dongguan, Huizhou, Zhongshan, Jiangmen, Zhaoqing). Using principal component analysis, this paper estimate the innovation ability of different groups of cities in GBA through the data sample from 2006 to 2016. The results show that innovation ability of the second group of cities is in the forefront of GBA, and Shenzhen has the most outstanding performance; Innovation ability of the first group of cities is at the lower middle level of GBA and needs to be strengthened; Internal development of innovation ability of the third group of cities is unbalanced, most cities\' innovation ability still needs to be strengthened, Zhaoqing is at the lowest level in GBA; the development of innovation ability among cities in GBA is unbalanced and gradually pulling the trend, mainly because the distribution of innovative resources is unreasonable, the flow of innovative elements is not smooth, and the innovation linkage mechanism of "first strong and strong" has not yet been formed. Finally, this paper gives the suggestions of improving innovation ability of GBA.

Keywords： Guangdong-Hong Kong-Macao Greater Bay Area innovation ability principal component analysis estimation