A study on the effect of different levels of research capability on invention performance

Xiaobo Wu and Yanbin Jiang

Economics of Innovation and New Technology, 2011, vol. 20, issue 2, 103-126

Abstract: This paper aims to search the threshold point during the technology accumulation process and investigate the interaction mechanism for human capital and technology acquisition. Related data of patent application and invention patent granted suggests that there is a significant paradigm shift between the two sides of the threshold point, which means that factors contributing to invention have shifted from external to internal. Further, some simple implications are made based on the moderate effect. Firstly, technology acquisition has been attached with great importance to the improvement of invention performance. Secondly, technology acquisition also plays a substitutive role in building up internal technology capability when internal technology is low, but it will change to be a complementary resource for local technology build-up when local technology is high enough. So building up internal technology capability seems critical.

Keywords: research capability; invention; threshold effect; substitutive; complementary (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1080/10438590903343458

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