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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
"The forthcoming fourteenth Five-Year Plan (2021-2025) emphasizes innovation as the driving force to double China's GDP … increase in innovation activity, productivity growth in the overall economy and manufacturing industries fell by half or more … China's increasing innovation efforts may have prevented an even more severe productivity decline, returns to catching …
Persistent link: https://www.econbiz.de/10013488567
We develop an index that compares the quality of Patent Cooperation Treaty (PCT) applications by considering citations generated by International Search Reports (ISRs). In its most restrictive variation, i.e. excluding citations from the home country and self-citations, the ISR index is not...
Persistent link: https://www.econbiz.de/10011300637
In the past years Chinese firms increased their spending on R&D substantially and worked on achieving a higher quality level of R&D. We analyze whether different R&D activities show a positive influence on total factor productivity (TFP) for firms of different ownership types and across two time...
Persistent link: https://www.econbiz.de/10010468326
China recently surpassed the USA as the greatest global source of patent applications. However, without internationally comparable measures of patent quality it remains questionable whether China's patent expansion constitutes the rise of a new technological superpower. Our novel quality index...
Persistent link: https://www.econbiz.de/10011497061
-oriented provincial governments and that China’s innovation policy is more supportive of firms located in developed provinces. Considering …
Persistent link: https://www.econbiz.de/10010439609