The productivity of Chinese patents: The role of business area and ownership type

Christodoulou, D; Lev, B; Ma, L

The productivity of Chinese patents: The role of business area and ownership type

Christodoulou, D Lev, B Ma, L

Permalink

Publication Type:: Journal Article
Citation:: International Journal of Production Economics, 2018, 199 pp. 107 - 124
Issue Date:: 2018-05-01

Closed Access

	Filename	Description	Size
	1-s2.0-S0925527317304309-main.pdf	Published Version	1.84 MB	Adobe PDF	View/Open

Copyright Clearance Process

Recently Added
In Progress
Closed Access

This item is closed access and not available.

Full metadata record

Field	Value	Language
dc.contributor.author	Christodoulou, D	en_US
dc.contributor.author	Lev, B	en_US
dc.contributor.author	Ma, L https://orcid.org/0000-0003-1115-5051	en_US
dc.date.issued	2018-05-01	en_US
dc.identifier.citation	International Journal of Production Economics, 2018, 199 pp. 107 - 124	en_US
dc.identifier.issn	0925-5273	en_US
dc.identifier.uri	http://hdl.handle.net/10453/130494
dc.description.abstract	© 2017 China's unrivalled growth in patent filings and grants, enhanced by government policy, reflects a strategic shift in transforming a labour-intensive economy to an innovation-driven incentives system. This study employs a patent dataset from SIPO to examine the productivity of Chinese patents in improving public firm financial performance. Evidence suggest an overall positive performance elasticity to patent production particularly among firms with efficiency-driven and customer-focused operating activities. Patents are found to have no impact or even negative impact on financial performance in other business areas. Patents generally exhibit a constant return to scale and appear as a complementary input to physical assets but a substitute to labour. Non-state owned public firms have performed consistently well throughout, regardless the policy changes. The productivity of granted patents of state owned firms has improved following the introduction of government reforms specifically aimed at promoting innovation.	en_US
dc.relation.ispartof	International Journal of Production Economics	en_US
dc.relation.isbasedon	10.1016/j.ijpe.2017.12.024	en_US
dc.subject.classification	Operations Research	en_US
dc.title	The productivity of Chinese patents: The role of business area and ownership type	en_US
dc.type	Journal Article
utslib.citation.volume	199	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Accounting Discipline
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US
pubs.volume	199	en_US

Abstract:

© 2017 China's unrivalled growth in patent filings and grants, enhanced by government policy, reflects a strategic shift in transforming a labour-intensive economy to an innovation-driven incentives system. This study employs a patent dataset from SIPO to examine the productivity of Chinese patents in improving public firm financial performance. Evidence suggest an overall positive performance elasticity to patent production particularly among firms with efficiency-driven and customer-focused operating activities. Patents are found to have no impact or even negative impact on financial performance in other business areas. Patents generally exhibit a constant return to scale and appear as a complementary input to physical assets but a substitute to labour. Non-state owned public firms have performed consistently well throughout, regardless the policy changes. The productivity of granted patents of state owned firms has improved following the introduction of government reforms specifically aimed at promoting innovation.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/130494