Intellectual property protection and enterprise innovation: Evidence from China

被引：4
|
作者：
Song, Yan [1 ]
Xiu, Yifan [1 ]
Zhao, Mengyang [2 ]
Tian, Ye [3 ]
Wang, Jingyuan [4 ]
机构：
[1] Shanghai Int Studies Univ, Sch Business Management, Shanghai 201620, Peoples R China
[2] Harbin Engn Univ, Sch Econ & Management, Harbin 150001, Heilongjiang, Peoples R China
[3] East Univ Heilongjiang, Sch Econ & Int Trade, Harbin 150066, Heilongjiang, Peoples R China
[4] Dongbei Univ Finance & Econ, Sch Accounting, Dalian 116025, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 62卷
基金：
中国国家自然科学基金;
关键词：
Intellectual property protection; Innovation performance; Transmission mechanisms; Inverted u -shaped relationship; RESEARCH-AND-DEVELOPMENT; RIGHTS; DISCLOSURE; IMITATION; RETURNS; GROWTH;
D O I：
10.1016/j.frl.2024.105253
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
In this paper, we introduce a conceptual framework to scrutinize the non-linear correlation between intellectual property protection and enterprise innovation performance using panel data (2012-2020) from listed firms. The results exhibit an inverted U-shaped relationship of IPP on EIP. Our analysis underscores the important role of R&D intensity and disclosure quality in this relation, identifying them as potential transmission channels for IPP's effect on EIP. Furthermore, empirical evidence suggests that when companies are state-owned or located in innovative pilot cities, the inverse U-shaped relationship becomes more pronounced. Conversely, this relationship is significantly weakened in markets with lower levels of competition.
引用
收藏
页数：8
相关论文
共 50 条
  • [1] Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China
    Fang, Lily H.
    Lerner, Josh
    Wu, Chaopeng
    [J]. REVIEW OF FINANCIAL STUDIES, 2017, 30 (07): : 2446 - 2477
  • [2] The impact of judicial protection of intellectual property on digital innovation: Evidence from China
    Zheng, Panpan
    Li, Zhen
    Zhuang, Ziyin
    [J]. FINANCE RESEARCH LETTERS, 2023, 58
  • [3] Intellectual property judicial protection, innovation factor input, and corporate innovation: Evidence from the establishment of intellectual property courts in China
    Nie, Changfei
    Qi, Ziyan
    Feng, Yuan
    [J]. MANAGERIAL AND DECISION ECONOMICS, 2024, 45 (06) : 4227 - 4239
  • [4] Enterprise's Technological Innovation and Intellectual Property Protection
    Shen Xiaogang
    [J]. EBM 2010: INTERNATIONAL CONFERENCE ON ENGINEERING AND BUSINESS MANAGEMENT, VOLS 1-8, 2010, : 4572 - 4575
  • [5] Venture capital investment, intellectual property rights protection and firm innovation: evidence from China
    Guo, Di
    Jiang, Kun
    [J]. ENTREPRENEURSHIP AND REGIONAL DEVELOPMENT, 2022, 34 (5-6): : 434 - 470
  • [6] Intellectual Property Protection, Financial Innovation and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China
    Song, Qinghua
    Zhong, Qiming
    Zeng, Songlin
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2024, 60 (02) : 358 - 370
  • [7] Influence of national intellectual property demonstration enterprise policy on urban green innovation: evidence from China
    He, Yu
    Tian, Jiexin
    Chen, Zhenzhen
    Qin, Zhaohui
    Andrianarimanana, Mihasina Harinaivo
    [J]. ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2023,
  • [8] Intellectual Property Protection and Technological Innovation of Chinese GEM Manufacturing Enterprise
    Cao Tianhe
    [J]. PROCEEDINGS OF THE 2016 INTERNATIONAL CONFERENCE ON EDUCATION, MANAGEMENT, COMPUTER AND SOCIETY, 2016, 37 : 1469 - 1473
  • [9] Intellectual property system and urban green innovation: Evidence from China
    Yang, Siying
    Liu, Fengshuo
    Wang, Gege
    Feng, Dawei
    [J]. GROWTH AND CHANGE, 2024, 55 (01)
  • [10] Intellectual property rights protection and quality upgrading: Evidence from China
    Song, Xueyin
    Huang, Xianhai
    Qing, Tao
    [J]. ECONOMIC MODELLING, 2021, 103
12345