Why do Chinese enterprises make imitative innovation?-An empirical explanation based on government subsidies

被引:11
作者
Song, Feifei [1 ]
Zhao, Changheng [2 ]
机构
[1] Hubei Univ Econ, Sch Finance & Publ Adm, Wuhan, Peoples R China
[2] Lanzhou Univ, Sch Econ, Lanzhou, Peoples R China
关键词
government subsidies; imitative innovation; independent innovation; enterprise performance; enterprise innovation; INTELLECTUAL PROPERTY-RIGHTS; COMPETITION; GROWTH; POLICY;
D O I
10.3389/fpsyg.2022.802703
中图分类号
B84 [心理学];
学科分类号
04 ; 0402 ;
摘要
The previous literature analyzed the widespread imitative innovation of Chinese enterprises from various perspectives, including enterprises' rational choice of cost-gain, property rights system, human capital and policy environment. However, this paper provides a brand-new perspective on government subsidies for the reasons behind the imitative innovation of enterprises. According to the statistics from Chinese enterprise-labor matching, we found that government subsidies stimulated enterprises to make "imitative innovation" through patent purchase rather than independent R&D. Government subsidies were used for low-risk "imitative innovation" because of enterprises' rent-seeking behavior, low R&D ability and the review of government subsidy projects. Based on the above conclusions, this paper suggests that the government should reduce or withdraw its intervention in enterprise innovation and implement the post-subsidy and post-evaluation mechanism for government-subsidized programs.
引用
收藏
页数:11
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