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This paper analyses the influence of in-house R&D and external knowledge acquisition on the total factor productivity (TFP) of listed Chinese firms for the time period 2001-2010. We find a quantitatively important positive effect of in-house R&D. The achieved level of technological...
Persistent link: https://www.econbiz.de/10010337198
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
Persistent link: https://www.econbiz.de/10010472522
relationship supports the absorption of the knowledge. -- indigenous innovation ; China ; knowledge sources ; productivity …
Persistent link: https://www.econbiz.de/10009670950
Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating … innovation. Consistent with the monitoring view, we further find that:(1) the effect of institutional investors on firm patenting … robust when innovation quality is examined …
Persistent link: https://www.econbiz.de/10012964026
Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating … innovation. Consistent with the monitoring view, we further find that (1) the effect of institutional investors on firm patenting … robust when innovation quality is examined. …
Persistent link: https://www.econbiz.de/10011591957
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, considerable differences remain. These constitute the basis for the concluding policy discussion. -- Entrepreneurship ; Innovation …
Persistent link: https://www.econbiz.de/10009666645
We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from...
Persistent link: https://www.econbiz.de/10014504832
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013401933
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013412825
Persistent link: https://www.econbiz.de/10014433392