Journal article
Agglomeration, recombinant innovation and the role of market reforms in a transitioning China
Economics of innovation and new technology, Vol.32(8), pp.1235-1248
11/17/2023
DOI: 10.1080/10438599.2022.2122456
Abstract
This paper estimates a knowledge production function to study the effects of local spillovers on the patenting activity and new innovation sales of Chinese firms during a period marked by rapid economic reform. We show that local spillovers expected to arise between co-located firms in related industries encourages firm innovation outcomes, especially among firms that diversify their core competencies into new related (versus unrelated) technological domains. Exploiting the gradual and spatially uneven economic transitioning process as a quasi-natural experiment, we find that the positive effects of relatedness on firm innovation are significantly larger in size following more intense market-oriented reforms. The results are potentially relevant for policy-makers in transitioning economies, highlighting for the first time the importance of firms' own diversification process and market-oriented reforms for encouraging innovation-enhancing technological related spillovers.
Details
- Title: Subtitle
- Agglomeration, recombinant innovation and the role of market reforms in a transitioning China
- Creators
- Anthony Howell - Arizona State UniversityRobin Guohuibin Li - Arizona State UniversityMaryann Feldman - Arizona State UniversityHaifeng Qian - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Economics of innovation and new technology, Vol.32(8), pp.1235-1248
- Publisher
- Routledge
- DOI
- 10.1080/10438599.2022.2122456
- ISSN
- 1043-8599
- eISSN
- 1476-8364
- Language
- English
- Electronic publication date
- 09/17/2022
- Date published
- 11/17/2023
- Academic Unit
- School of Planning and Public Affairs; Public Policy Center (Archive)
- Record Identifier
- 9984296208002771
Metrics
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