Study on China Regional Innovation Efficiency of One Belt and One Road

This paper divides technology innovation into knowledge-output phase and commercialization phase, using the panel data of the “one belt and one road” from 2010 to 2014. And also it measures the technology innovation efficiency during the two phases based on DEA and malmquist index. Meanwhile, we make the quantitative adjustment of the input and output index of the two phases. the results shows as follows: The technical efficiency is generally lower in the knowledge-output phase compared to the commercialization phase. Scale efficiency is the main cause of restricting the improvement of technical efficiency of 21 st century Maritime Silk Road, while pure technical efficiency is the main cause of technical efficiency of the Silk Road Economic Belt. The growth of TFP generally comes from the technical progress. Technical efficiency has a lager potential growth to improve. Finally, for the above-mentioned problems, we give the corresponding policy suggestions.