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China has surpassed the United States in patent applications and has become world leader. Strong patenting activity, however, did not lead to strong productivity growth. The delinking of patenting activity from productivity growth could be explained by quality and relevance issues. Although the...
Persistent link: https://www.econbiz.de/10012202895
, should step up innovation efforts and improve corporate governance practices. To this end, supportive policies are needed …, fostering an environment that is more conducive to innovation and entrepreneurship, and facilitating resource reallocation …
Persistent link: https://www.econbiz.de/10011732705