Intangible Knowledge Capital and Innovation in China

Belton Fleisher (), William H. McGuire (), Adam Nicholas Smith () and Mi Zhou
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William H. McGuire: University of Washington Tacoma
Adam Nicholas Smith: Ohio State University
Mi Zhou: Agricultural Bank of China

No 7798, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises – more so in domestically owned than in foreign invested enterprises. Consistent with other research, we find that China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned enterprises, IKC growth has flowed more toward higher-tech, export-oriented industries, while among foreign invested enterprises, it has been oriented more toward domestic sales.

Keywords: economic growth; technology; intellectual capital; intellectual property; Asia; China (search for similar items in EconPapers)
JEL-codes: O31 O33 O34 O43 P33 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2013-12
New Economics Papers: this item is included in nep-cse, nep-ino, nep-ipr, nep-pr~, nep-knm, nep-tid and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published - published as 'Knowledge capital, innovation, and growth in China' in: Journal of Asian Economics, 2015, 39, 31-42.

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