We estimate the value of Chinese invention and utility model patents that were applied for during two periods, 1987-1989 and 1986-1998. We find that patents applied for by foreign entities invariably have higher value than do those applied for by domestic entities, and the gap is significant....

China has a wide-range of patent-specific and other patent-related policies in-place, many of which are at least partially meant to stimulate patents and “indigenous innovation.” However, the analysis in this paper discusses how some of these policies in effect can actually discourage...

While patent filings in China have been exploding in recent years, analysis based on a variety of metrics shows that this increase has not necessarily translated into a ‘proportionate’ rise in patent quality. Further, based on projections quantifying “highest quality” patents in China,...

In 2010 and 2011, foreign businesses and governments welcomed measures believed to dramatically reform a highly controversial branch of China’s indigenous innovation policy which provided government procurement preferences to applicants who can meet restrictive indigenous intellectual property...

This paper uncovers over 10 central level and over 150 provincial/municipal level patent targets, mostly to be met by 2015, within a wide range of Chinese policy documents. The analysis suggests there are weaknesses in certain targets due to the absence of important criteria for ensuring patent...

This paper studies how offering patents as collateral　influences the decisions of Chinese lenders and determines features that make patents more acceptable as collateral. We develop a lending model incorporating a borrower’s likelihood of default, the value of patents offered as collateral,...

The objective of this paper is to investigate the innovative performance of China's NIS in international comparison and the capacity of China's NIS in creating indigenous innovation. We provide insights drawing upon patent data and using patent families to determine the value of the underlying...

When the People's Republic of China joined the World Trade Organization in 2001, the US had to contend with an increasing economic trade deficit, as low-cost Chinese manufactured exports poured into its shores. China has since risen from the economic shambles following Mao's failed Cultural...

Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises – more so in domestically owned...

This paper analyses firms' decisions to seek intellectual property rights in global markets, particularly in China. We advance the notion of quadic patent family, defined as a patent family that consists of patent applications at the European Patent Office, the Japanese Patent Office, the United...