期刊
ECONOMIC MODELLING
卷 80, 期 -, 页码 294-302出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.econmod.2018.11.015
关键词
Patent types; R&D; Foreign direct investment; Patent subsidies
类别
资金
- Ministry of Education project of Key Research Institute of Humanities and Social Sciences at Universities [17JJD790022]
As a developing economy, China's unprecedented patenting surge is puzzling. We study China's patent surge and its driving forces using a novel and comprehensive merged dataset on patent applications filed by Chinese firms. We find that R&D investment, FDI, and patent subsidy have different effects on different types of patents. First, R&D investment has a positive and significant impact on patenting activities for all types of patents under different model specifications. Second, the stimulating effect of foreign direct investment on patent applications is only robust for utility model patents and design patents. Third, the patent subsidy only has a positive impact on design patents. The results imply that FDI and patent subsidy may disproportionately spur low-quality patents.
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