Abstract
Based on panel data from 2000 to 2012, quantitative analysis was conducted on the relationship between intellectual property protection and China’s high-technology industry innovation. Results indicate that the intensity of intellectual property protection in China increases year by year and has a positive effect on the industrial knowledge base of the high-tech industry in China. The industrial knowledge base of each sub-industry in the high-tech industry of China has positive effects on owning inventive patents (OIP) and sales revenue of new products (SRNP). However, but stringent intellectual property protection has a certain inhibitory effect on OIP and SRNP for the manufacture of medicines, manufacture of medical equipment and measuring instruments, and manufacture of electronic and communication equipment. Moreover, stringent intellectual property protection has negative effects on OIP of all five sub-industries of the high-tech industry in China.
Highlights
Innovation in high-technology industry requires an intellectual property system that has a guarantee
All coefficients of elasticity between each index of industrial knowledge base and Intellectual property protection (IPP) were positive except for CRDN, indicating that an enhanced IPP has a positive effect on the industrial knowledge base in the high-tech industry of China, for the indices of ERDI and ENDP from the perspective of owning inventive patents (OIP)
Results of Sub-Industry Analysis Table 2 shows that enhanced IPP has a certain inhibitory effect on OIP and sales revenue of new products (SRNP) of manufacture of medicines (MM), medical equipment and measuring instruments (MMEMI), and manufacture of electronic and communication equipment (MECE) because all their coefficients of elasticity were negative
Summary
Innovation in high-technology industry requires an intellectual property system that has a guarantee. (2015) Framework of High-Technology Industry Innovation of China: Intellectual Property Protection and Industrial Knowledge Base. Intellectual property protection (IPP) is an important motivation that promotes the development of national science and technology innovation [2]. Given the important role of IPR in promoting technological change and economic growth, improving the intensity of IPP becomes imperative [3]. High-tech industry innovation and development in China is crucial for economic development. How should the relationship between intellectual property protection and high-tech industry innovation in China be correctly understood? How does IPP affect the industrial knowledge base for high-tech industry innovation? If these questions can be answered, the intellectual property system in China could improve and enable the formulation of an effective high-tech industry policy How should the relationship between intellectual property protection and high-tech industry innovation in China be correctly understood? How does IPP affect the industrial knowledge base for high-tech industry innovation? If these questions can be answered, the intellectual property system in China could improve and enable the formulation of an effective high-tech industry policy
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