Intellectual property rights and patenting in China's high-technology industries: Does ownership matter?

Chih Hai Yang, Chun Chien Kuo, Eric D. Ramstetter

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

Abstract

This paper aims to systematically investigate the impacts of strengthening intellectual property rights on patenting in China's high-technology industries and to explore the potential differences in response to patent reform by ownership. Empirical results show that the estimated patent elasticity of R&D is lower than that for OECD countries, indicating relatively low R&D productivity for China's high-technology industries. The direct innovation effect of technology imports is negative, while the absorptive ability embodied in R&D helps in gaining external sources of knowledge, thus contributing to innovations. Specifically, strengthening intellectual property rights can induce more innovations in terms of patents in China's high-technology industries and is particularly relevant to foreign-owned high-technology enterprises.

Original languageEnglish
Pages (from-to)102-122
Number of pages21
JournalChina and World Economy
Volume19
Issue number5
DOIs
StatePublished - Sep 2011

Keywords

  • Ownership
  • Patent
  • R&D
  • Technology import

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