Vai al contenuto principale della pagina

China’s Rising IQ (Innovation Quotient) and Growth : : Firm-level Evidence / / Hui He, Nan Li, Jing Fang



(Visualizza in formato marc)    (Visualizza in BIBFRAME)

Autore: He Hui Visualizza persona
Titolo: China’s Rising IQ (Innovation Quotient) and Growth : : Firm-level Evidence / / Hui He, Nan Li, Jing Fang Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (42 pages) : illustrations (some color), graphs, tables
Disciplina: 338.951
Soggetto topico: Economic development - China
Industrial productivity - China
Investments: Stocks
Macroeconomics
Production and Operations Management
Economic Growth of Open Economies
Industry Studies: Manufacturing: General
Technological Change: Choices and Consequences
Diffusion Processes
Institutions and Growth
Economywide Country Studies: Asia including Middle East
Socialist Enterprises and Their Transitions
Production
Cost
Capital and Total Factor Productivity
Capacity
Macroeconomics: Production
Pension Funds
Non-bank Financial Institutions
Financial Instruments
Institutional Investors
Employment
Unemployment
Wages
Intergenerational Income Distribution
Aggregate Human Capital
Aggregate Labor Productivity
Nonprofit Organizations and Public Enterprise: General
Investment & securities
Public ownership
nationalization
Total factor productivity
Productivity
Stocks
Capital productivity
Public enterprises
Financial institutions
Economic sectors
Industrial productivity
Government business enterprises
Soggetto geografico: China, People's Republic of
Altri autori: LiNan  
FangJing  
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: This paper examines whether the rapid growing firm patenting activity in China is associated with real economic outcome by building a unique dataset uniting detailed firm balance sheet information with firm patent data for the period of 1998-2007. We find strong evidence that within-firm increases in patent stock are associated with increases in firm size, exports, and more interestingly, total factor productivity and new product revenue share. Event studies using first-time patentees as the treatment group and non-patenting firms selected based on Propensity-Score Matching method as the control group also demonstrate similar effects following initial patent application. We also find that although state-owned enterprises (SOEs) on average have lower level of productivity and are less innovative compared to their non-state-owned peers, increases in patent stock tend to be associated with higher productivity growth among SOEs, especially for patents with lower innovative content. The latter could reflect the preferential government policies enjoyed by SOEs.
Titolo autorizzato: China’s Rising IQ (Innovation Quotient) and Growth  Visualizza cluster
ISBN: 1-4755-6817-7
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910162926203321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2016/249