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Innovation in China: Who is the Real Entrepreneur?

Claudio Petti, Silvia Podetti and Lauretta Rubini

L'industria, 2013, issue 3, 433-448

Abstract: This paper aims at studying the combined interaction of innovation policies and innovativecapacity of firms in the relationship between r&d investment and firm's performance.The analysis is carried out on a sample of Chinese firms with the general purpose of sheddingsome light on the role played by public and private actors in increasing the innovative capacityof the productive system.In particular, by means of a moderation model, data show that the innovation policiespositively moderate the relation between r&d and performance (even if it not at the highestvalues of the moderator). This effect is noticeably amplified if combined with the innovativeactivities implemented by the firm, operationalized as the ratio of capital represented by intellectualproperty rights and non-protected owned technology.

Keywords: r&d Investment; r&d policy; China; Innovation; Moderation Model (search for similar items in EconPapers)
Date: 2013
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