The Anatomy of Chinese Innovation: Insights on Patent Quality and Ownership

Philipp Boeing, Loren Brandt (), Ruochen Dai, Kevin Lim () and Bettina Peters ()
Additional contact information
Ruochen Dai: Central University of Finance and Economics
Kevin Lim: University of Toronto

No 16869, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from 2000-2010 but has increased more recently. Second, private Chinese firms account for most of patenting growth whereas overseas patentees have played a diminishing role. Third, patentees have greatly reduced their dependence on foreign knowledge. Finally, Chinese and foreign patenting have become more similar in technological composition, but differences persist within technology classes as revealed by abstract similarities.

Keywords: China; innovation; patents; Large Language Model (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2024-03
New Economics Papers: this item is included in nep-cna, nep-his and nep-sbm
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Related works:
Working Paper: The Anatomy of Chinese Innovation: Insights on Patent Quality and Ownership (2024)
Working Paper: The anatomy of Chinese innovation: Insights on patent quality and ownership (2024)
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