ID | 143394 |
Title Proper | Patent statistics |
Other Title Information | a good indicator for innovation in China? patent subsidy program impacts on patent quality |
Language | ENG |
Author | Motohashi, Kazuyuki ; Dang, Jianwei |
Summary / Abstract (Note) | Using a merged dataset of Chinese patent data and industrial survey data, we make a bibliometric analysis of patenting activities of Chinese large and medium-sized enterprises under local patent subsidy programs and test whether patent statistics are a good indicator of innovation in China. Our empirical results show that patent count is correlated with R&D input and financial output, which suggests that patent statistics are meaningful indicators. However, patent subsidy programs increase patent counts more than 30%. We emphasize the necessity of adjustments and provide a novel method of using the number of nouns in claims to quantify the claim scope, thereby overcoming the shortcomings of Chinese patent data that have no citations or lack well-documented patent claim information. We extend prior studies on patent subsidy programs by providing a detailed clarification of policy designs and their impacts and by evaluating policy impacts on both the quantity and quality of patent applications. |
`In' analytical Note | China Economic Review Vol. 35; Sep 2015: p.137–155 |
Journal Source | China Economic Review 2015-09 35 |
Key Words | China ; Patent ; Innovation ; Quality ; Subsidy |