You need to cancel the click and use the correct ID
$('#change').on("click",function(e){
e.preventDefault();// cancel
$('#type').val('option1').change(); // must be the value, not the text
});
Also you cannot submit a select. If you want, you can submit the form if it does not have a field with name="submit"
You will need to tell us what you want to have happen when you change the select too. for example change the select and have it submit the form it is in
$(function() {
$('#change').on("click",function(e){
e.preventDefault();// cancel
$('#type').val('option1').change(); // assuming you want to trigger the change
});
$('#type').on('change',function() {
$(this).closest("form").submit();
});
});