China’s new-to-the-world innovation performance and its antecedents: Evidence from international patent statistics
| Dates: | 9 September 2016 |
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| Times: | 13:00 - 14:00 |
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| What is it: | Seminar |
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| Organiser: | Manchester Institute of Innovation Research |
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| Venue opening hours: | 1-2pm (coffee from 12.30pm) |
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| How much: | Free |
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| Speaker: | J. Peter Murmann |
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How China performs in new-to-the-world innovations and what underpins its performance are barely addressed in the literature on innovations. To develop a systematic account of which Chinese sectors are most innovative,
we analyse all patents granted by the European Patent Office to Chinese applicants since 1983. Controlling for the underlying propensity to patent in particular sectors, we find that communication equipment manufacturing and electrical machinery
manufacturing have become increasingly innovative, whereas machinery manufacturing and motor vehicle manufacturing have seen their innovativeness decline. Perhaps somewhat surprisingly, manufacture of office machinery and computers
has remained below average for the entire period. 14 of the 30 sectors maintained an average level of innovativeness, while 9 sectors showed significant fluctuations. To illuminate why certain sectors have superior new-to-the-world innovation performance,
we also conduct econometric analyses of data on 24 sectors between 2005 and 2007. In statistical terms, we find that the new-to-the-world innovation performance of Chinese sectors has an inverted U-shaped relationship with R&D personnel intensity and business
Science & Technology (S&T) self-funding intensity. It displays a Ushaped relationship with the domestic patent stock intensity and government S&T funding intensity.
Surprisingly, a higher intensity of technology renovation expenditure is associated with lower new-to-the-world innovation performance. In-house R&D, FDI, export, and firm-academic collaboration, among many other plausible factors, play no role.
Speaker
J. Peter Murmann
Role: Professor of Management at the AGSM
Organisation: University of New South Wales Business School
Travel and Contact Information
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B8
AMBS East
Booth Street East
Manchester
