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Title:What makes Chinese firms productive? Learning from indigenous and foreign sources of knowledge PDF Logo
Authors:Boeing, Philipp
Mueller, Elisabeth
Sandner, Philipp
Issue Date:2012
Series/Report no.:Working Paper series, Frankfurt School of Finance & Management 196
Abstract:This study investigates how in-house R&D as well as access to national and foreign knowledge sources influences the productivity of Chinese firms. For our main analysis we use data for 1,140 patenting firms listed at mainland China stock exchanges over the time-period 2001-2010. In-house R&D based on indigenous knowledge does indeed improve productivity as does engaging in joint research projects with national partners. In order to benefit from international knowledge, Chinese firms are dependent on an organizational integration of the knowledge source. Joint ventures with foreign partners, acquisitions of foreign firms, and employing foreign researchers inside China contribute to firm productivity, whereas international joint research projects are not sufficient. Our results indicate that at the current stage of China's economic development the absorptive capacity of most firms is sufficient to benefit from foreign sources of knowledge only if an enduring, deep relationship supports the absorption of the knowledge.
Subjects:indigenous innovation
China
knowledge sources
productivity
absorptive capacity
patents
JEL:O32
O33
Document Type:Working Paper
Appears in Collections:Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management

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