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Can intellectual property rights protection and governmental R&D investment promote Chinese enterprises’ R&D investment?

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Knowledge Management Research & Practice

Abstract

This paper establishes an impact factor model among government R&D input, enterprise R&D input and IPRP in China. It uses data from 1992 to 2012 for regression analysis and finds that government R&D input in enterprises, institutions and universities has a leverage effect on enterprise R&D input, although the leverage effect caused by government R&D input in universities is not prominent, and proper IPRP can promote Chinese enterprise R&D input. The further Granger causality test shows that IPRP produced structural changes in Chinese enterprise R&D input in approximately 2002, and its leverage effect reached 0.147, which is double the previous effect and exceeds the leverage effect caused by government R&D in institutions and in universities. The findings verify that IPRP is the source of power for promoting Chinese enterprises’ technology innovation.

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Acknowledgements

This study was funded by Zhejiang Province Philosophy and social science program (No. 17NDJC172YB).

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Authors and Affiliations

  1. The School of Law, Zhejiang University of Finance & Economics, Hangzhou, 310018, China

    Wei Li

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  1. Wei Li
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Correspondence to Wei Li.

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Li, W. Can intellectual property rights protection and governmental R&D investment promote Chinese enterprises’ R&D investment?. Knowl Manage Res Pract 15, 551–559 (2017). https://doi.org/10.1057/s41275-017-0076-4

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