Scientific linkages and firm productivity: Panel data evidence from Taiwanese electronics firms

Jong Rong Chen; Kamhon Kan; I. Hsuan Tung

doi:10.1016/j.respol.2016.03.023

Scientific linkages and firm productivity: Panel data evidence from Taiwanese electronics firms

Jong Rong Chen, Kamhon Kan, I. Hsuan Tung

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研究成果: 雜誌貢獻 › 期刊論文 › 同行評審

14 引文斯高帕斯（Scopus）

摘要

Using a panel of electronics firms listed on the Taiwan Stock Exchange, this paper explores the spillover of scientific research to the private sector by looking at the impact of the intensity a patents backward citation of scientific publications relative to citation of other patents on the patent-owning firms productivity. To identify the causal effect, we use measures of a firms financial constraints as instrumental variables to account for the potential endogeneity of scientific citation intensity of a patent. The empirical results suggest that the citation of scientific publications by a patent has a strong and positive effect on the patent-owning firms productivity.

原文	???core.languages.en_GB???
頁（從 - 到）	1449-1459
頁數	11
期刊	Research Policy
卷	45
發行號	7
DOIs	https://doi.org/10.1016/j.respol.2016.03.023
出版狀態	已出版 - 1 9月 2016

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10.1016/j.respol.2016.03.023

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keywords = "JEL classification O34, O31, O47",

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note = "Funding Information: We would like to thank the editor Professor Keun Lee and two anonymous referees for constructive comments and suggestions. Partial financial support by the Ministry of Science and Technology of Taiwan to Kamhon Kan through grant 102-2410-H-001-002-MY3 and to Jong-Rong Chen through grant 103-2410-H-008-007-MY2 is gratefully acknowledged. ",

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T1 - Scientific linkages and firm productivity

T2 - Panel data evidence from Taiwanese electronics firms

AU - Chen, Jong Rong

AU - Kan, Kamhon

AU - Tung, I. Hsuan

N1 - Funding Information: We would like to thank the editor Professor Keun Lee and two anonymous referees for constructive comments and suggestions. Partial financial support by the Ministry of Science and Technology of Taiwan to Kamhon Kan through grant 102-2410-H-001-002-MY3 and to Jong-Rong Chen through grant 103-2410-H-008-007-MY2 is gratefully acknowledged.

PY - 2016/9/1

Y1 - 2016/9/1

N2 - Using a panel of electronics firms listed on the Taiwan Stock Exchange, this paper explores the spillover of scientific research to the private sector by looking at the impact of the intensity a patents backward citation of scientific publications relative to citation of other patents on the patent-owning firms productivity. To identify the causal effect, we use measures of a firms financial constraints as instrumental variables to account for the potential endogeneity of scientific citation intensity of a patent. The empirical results suggest that the citation of scientific publications by a patent has a strong and positive effect on the patent-owning firms productivity.

AB - Using a panel of electronics firms listed on the Taiwan Stock Exchange, this paper explores the spillover of scientific research to the private sector by looking at the impact of the intensity a patents backward citation of scientific publications relative to citation of other patents on the patent-owning firms productivity. To identify the causal effect, we use measures of a firms financial constraints as instrumental variables to account for the potential endogeneity of scientific citation intensity of a patent. The empirical results suggest that the citation of scientific publications by a patent has a strong and positive effect on the patent-owning firms productivity.

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Scientific linkages and firm productivity: Panel data evidence from Taiwanese electronics firms

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