SHERP

Innovation, Patenting, and International Competitiveness : Empirical Evidence from China

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Authors
Wu, Changqi
Issue Date
1995
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 8 (No. 2 1995): 231-254
Keywords
chinas innovation system; non-state industrial sectors; reform of china
Abstract
As an integrated part of its overall economic reforms, China's innovation system is apparently becoming increasingly efficient. The orientation of research and development has shifted to activities more applied in nature as reflected in the patent data. Combining this with data measuring China's R&D inputs, we present evidence supporting the hypothesis that the patent production function is characterized by constant returns to scale. Moreover, accumulation of patents, which is the source of intertemporal technology spillovers, contributes significantly to the creation of new knowledge. Technological capability as measured by the ratio of number of patents to the population of a region appears to correlated with enhanced international competitiveness of the non-state industrial sectors.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1060
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.08(2) (Summer 1995)
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