In-house R&D and External Knowledge Acquisition What Makes Chinese Firms Productive?
Elisabeth Müller and
Authors registered in the RePEc Author Service: Elisabeth Mueller ()
VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order from Verein für Socialpolitik / German Economic Association
This paper analyses the influence of in-house R&D and external knowledge acquisition on the total factor productivity (TFP) of listed Chinese firms for the time period 2001-2010. We find a quantitatively important positive effect of in-house R&D. The achieved level of technological sophistication of Chinese firms is sufficient to benefit from R&D collaboration with domestic partners. We do not find a significant effect for employing inventors with access to international knowledge or for collaborating with international partners. International knowledge acquisition is only effective if conducted via joint ventures, i.e. if it is supported by a deep organizational relationship.
JEL-codes: O32 O33 O39 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ino, nep-knm, nep-sbm and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc13:80037
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