R&D Performance in High-Tech Firms in China

2017 ◽  
Vol 16 (3) ◽  
pp. 193-208 ◽  
Author(s):  
Zhao Chen ◽  
Sang-Ho Lee ◽  
Wei Xu

Using firm-level data from Changzhou, a prefectural city in China's Yangzi River Delta, we investigate the performance of both internal and external research and development (R&D) in high-tech firms. We find that, on average, high-tech firms with more internal R&D expenditure apply for more patents in terms of both the total number of patents and the number of invention patents. Internal R&D is most efficient in foreign firms, followed by private firms and then state-owned enterprises. These findings highlight the importance of privatizing high-tech firms in China if the government intends to accelerate industrial upgrading and convert the pattern of “Made in China” into “Created in China.”

2008 ◽  
Vol 15 (46) ◽  
pp. 195-231 ◽  
Author(s):  
Manuel Portugal Ferreira ◽  
Dan Li ◽  
Fernando Ribeiro Serra ◽  
Sungu Armagan

In this study, using firm level data from twenty six transition economies collected by the World Bank and the EBRD in 1999-2000, we conduct a set of logistic regression models to investigate the composition of small and large firms’ business networks. The results show that, in contrast to smaller firms, larger firms are more likely to have formal business relationships, and relationships with national and foreign financial institutions, government, and foreign firms. In addition, in a subgroup analysis of seven transition economies we show that the composition of the firms’ business networks varies substantially across countries but that the government is still a dominant client. Furthermore, we found a large variation on firms’ reliance on informal ties and the extent to which firms exchange with foreign firms.


2000 ◽  
Vol 6 (2) ◽  
pp. 366-367
Author(s):  
Mogens Dilling-Hansen ◽  
Tor Eriksson ◽  
Erik Strøjer Madsen ◽  
Valdemar Smith

2021 ◽  
Author(s):  
Lorenzo Crippa

International regimes demand states regulate private companies to ensure better governance of markets. Although global firms can evade regulations creating complex ownership structures, a few countries enforce their laws extraterritorially. They prosecute firms regardless of their nationality, like “global sheriffs”. However, these countries only prosecute a fraction of the foreign firms under their jurisdiction. I study this phenomenon focusing on US extraterritorial prosecution. I argue that US authorities are more likely to prosecute foreign companies with US investment. Formally, this is no requirement for the application of American regulations. Yet, it exposes a foreign company to the local public opinion. US prosecutors exploit induced reputational cost to obtain cooperation and retrieve information to build a case. My empirics leverage novel firm-level data on law enforcement under the anti-bribery regime. US authorities are 0.26 more likely to investigate a suspect foreign company when it has investment in the US.


Author(s):  
Fatma Nur Karaman Kabadurmus ◽  
Sajal Lahiri

This chapter examines empirically the determinants of research and development (R&D) activities by Turkish firms. It focuses on the question of how competition affects product innovation, and not process innovation, in Turkey. In particular, we test if there is a non-linear relationship between R&D activities of a firm and the degree of competition in that industry. We use Turkish firm-level data from the Business Environment and Enterprise Performance Survey (BEEPS) and find strong support for an inverted-U relationship between the two variables.


2020 ◽  
Vol 12 (5) ◽  
pp. 1910
Author(s):  
Haiwei Jiang ◽  
Shiyuan Pan ◽  
Xiaomeng Ren

Sustainable economic development is tightly connected to substantial innovation which can be improved by reducing low-quality innovation. This paper constructs a theoretical framework to present the ultimate relationship between administrative approval and sustainability. In order to verify the research hypotheses, we define the dormant patents whose patent rights are terminated due to non-payment of renewal fees to measure the low-quality innovation of Chinese manufacturing firms. By using the merged firm-level data between 1998 and 2007 and collected information on whether a city establishes the administrative approval center (AAC), and employing a difference-in-difference (DID) approach, we identify the impacts of administrative approval and firms’ low-quality innovation. First, the results reveal that administrative approval reduces the firms’ low-quality innovation. Second, administrative approval has a smaller impact on the low-quality innovation for state-owned enterprises (SOE). Third, three mechanisms are uncovered through which administrative approval impedes low-quality innovation: enhancing market competition, changing the direction of innovation, and optimizing research and development (R&D) investment strategy.


2021 ◽  
Vol 7 (2) ◽  
pp. 112
Author(s):  
Maman Setiawan ◽  
Rina Indiastuti ◽  
Achmad K. Hidayat ◽  
Endang Rostiana

This research investigates the relation between research and development (R&D) expenditure and the industrial concentration in the Indonesian manufacturing industry. Pooled least square dummy variable is applied to estimate the relation between the two variables. This research uses firm-level data taken from the survey of the manufacturing industry sourced from the Indonesian Bureau of Central Statistics. This research makes contributions in calculating the percentage of R&D expenditure using the recent data and freshly estimating the relation between R&D and industrial concentration in the industry. This research finds that the percentage of R&D expenditure is relatively low in the industry. There is also a declining trend in the percentage of the R&D expenditure from the period 1994–1995 to 2017. The higher industrial concentration increases the percentage of R&D expenditure. This research also finds that R&D expenditure can be higher in the firms with market power.


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