US-China trade war and key digital technology innovation of Chinese enterprises

被引:0
|
作者
Zheng, Panpan [1 ]
Li, Zhen [1 ]
Ma, Ruiqi [1 ]
机构
[1] Wuhan Univ, Econ & Mangement Sch, Wuhan 430072, Peoples R China
关键词
US-China trade war; key digital technology innovation; DID; China;
D O I
10.1080/13504851.2024.2364009
中图分类号
F [经济];
学科分类号
02 ;
摘要
We empirically examine the impact of the US-China trade war (trade war) on Chinese firms' key digital technological innovation (KDI) using the difference-in-difference (DID) method, considering trade war as a quasi-natural experiment. Our findings suggest that the trade war promotes Chinese firms to apply for more key digital technology patents (KDPs). Heterogeneity analysis reveals that the promotion is stronger in firms of lower leverage and high-tech industries. Additional analysis indicates that KDI helps mitigate the adverse impact of trade war on Chinese firms' market performance.
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页数:9
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