Spatial-temporal coupling coordination relationship between well-being and technological innovation: Panel evidence from China

Since the dawn of the industrial era, the relationship between human well-being and technological in-novation has become increasingly close. This study explores this intricate relationship to understand how technological advancements can be harnessed to promote sustained and improved well-being for all. Focusing on China as a case study, this study considers both human well-being and technological innovation as key research objects. An evaluation index system for well-being is established by leveraging the spatial Durbin model and existing literature. This study empirically calculates well-being levels and conducts a classification analysis of the coupling and coordination between well-being and technological innovation across 31 provinces and cities. Additionally, the factors driving the coupling and coordination relationships are further clarified. The results reveal that (1) the coordination between well-being and technological innovation varies significantly between provinces but, overall, is gradually increasing; (2) a significant positive correlation exists between well-being and the coupling and coordination of scientific and technological innovation, and the spatial aggregation of the coupling and coordination development is gradually strengthening; and (3) several key factors influence this relationship. Rationalisation of the industrial structure, inclusive digital finance, talent concentration, and consumption rate all yield positive and significant impacts. Conversely, government intervention appears to negatively influence the coordination between these two crucial aspects. Based on this study's results, a series of policy recommendations are proposed to coordinate the development of well-being and technological innovation.