Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/222706 
Year of Publication: 
2019
Series/Report no.: 
ADBI Working Paper Series No. 939
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
This paper empirically examines the "defensive innovation" hypothesis that firms with higher exposure to low-wage economy import competition intensively undertake more innovative activity by using a high quality Japanese firm-level panel dataset over the period 1994-2005. The novel feature of the analysis is the relation of firm-level variations of patent usage to import competition. The results suggest that intensified import competition from the People's Republic of China has resulted in greater innovative activity by Japanese firms, consistent with the findings of European firms in Bloom et al. (2016). Moreover, such competition has also led to an increase in non-used patents.
JEL: 
O00
F10
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
638.44 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.