Framework of High-Technology Industry Innovation of China: Intellectual Property Protection and Industrial Knowledge Base

Weidong Wang^1,2, Wei Song^3*, Linyu Fang³

¹School of Public Affairs, University of Science and Technology of China, Hefei, China.
²School of Economic and Management, Shaoxing University, Shaoxing, China.
³Xiamen University Tan Kah Kee College, Xiamen, China.

DOI: 10.4236/jss.2015.35016                

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.

Keywords

Intellectual Property Protection, High-Tech Industry, Industrial Knowledge Base

Conflicts of Interest

The authors declare no conflicts of interest.

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