Patent Propensity in Small Technology‐based Firms: Evidence from Zhongguancun Science Park

Delin Yang, Xibao Li and Jiagui Chen

China & World Economy, 2010, vol. 18, issue 1, 99-116

Abstract: Using a survey administered in Zhongguancun Science Park in Beijing, China, this paper investigates the impact of R&D personnel‐related intellectual property management practices on the patent propensity of small technology‐based firms. It is found that R&D personnel‐related management practices, including training and reward mechanisms, are effective in enhancing a firm's willingness to patent. In particular, we find that reward mechanisms can negatively moderate the effect of size on a firm's willingness to patent. One implication that emerged from the analysis is that a small firm can counteract its size disadvantage in patenting by introducing a well‐developed reward mechanism.

Date: 2010
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