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China's GDP has grown at a tremendous rate over the last 40 years, but its total R&D expenditure has grown even more. We construct a model of firm dynamics which produces endogenous increases in R&D and productivity. We then take the model to the data and find that R&D expenditure as a...
Persistent link: https://www.econbiz.de/10012865802
What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...
Persistent link: https://www.econbiz.de/10013126061
What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...
Persistent link: https://www.econbiz.de/10009001015
on firms' innovation. …
Persistent link: https://www.econbiz.de/10013257499
One of the main aims of China's 12th Five-Year Program, which covers the period 2011-15, is to make Chinese industry more competitive. In order to achieve this, six key sectors have been designated for merger and restructuring, while seven have been designated for the creation of strategic new...
Persistent link: https://www.econbiz.de/10013124442
This paper studies the misallocation of intermediate inputs in China’s firm-leveldata, eliminating which would increase the average industry’s gross output by 2.93%.We document evidence of pre-pay and financial frictions on intermediate inputs behindthe misallocation. We build these...
Persistent link: https://www.econbiz.de/10013213587
Persistent link: https://www.econbiz.de/10011916643
an active innovation promoter. As such, it has actively implemented innovation policies that focus especially on creating … new funding opportunities and establishing several R&D centres to facilitate information flow and innovation cooperation … electronics SMEs, whether these policies have positively affected innovation intensity in HK. The survey findings indicate that …
Persistent link: https://www.econbiz.de/10010263517
Asia, have engaged in improving their innovation capability in the economic transition. First, I measured and compared … innovation capability of both countries by using not only various input and output indicators of innovation systems but also the … how both countries developed their innovation capabilities by focusing on their transformation of the national innovation …
Persistent link: https://www.econbiz.de/10011797407
constraints or the promotion of follow-on innovation. …
Persistent link: https://www.econbiz.de/10014434285