Intellectual Property Demonstration Cities and Significant Technological Innovations of Enterprises: Evidence from National Science and Technology Progress Awards
Chen Lingzhi1, Ma Yanyan2
1. School of Public Administration, Yanshan University, Qinhuangdao 066044, China; 2. School of Economics and Management, Dalian University of Technology, Dalian 116024, China
Abstract:The intellectual property system environment will have an undeniable impact on enterprises implementing significant technological innovations (STI).Based on the quasi-experiment of the national intellectual property demonstration city (IPDC)policy,this article selects 3152 listed companies in China from 2008 to 2020 as samples.The STI of enterprises is characterized by their achievement of national scientific and technology progress awards,and is divided into three situations including the enterprise that has implemented STI and is the leading unit,the enterprise that has implemented STI of enterprises but is not the leading unit,and the enterprise that has not implemented STI of enterprises.The difference-in-differences model is used for empirical analysis to explore the impact of IPDC policy on STI of enterprises.The results show that the IPDC policy helps to promote STI of enterprises and enhance their leading role in major technological innovation.The IPDC Policy promotes enterprises to carry out STI of enterprises through investment in innovation (intensity/stability)and protection of innovation achievements,and regional intellectual property law enforcement.This paper evaluates the impact of the IPDC policy on STI of enterprises,and provides important enlightenment for further optimizing the basic system of intellectual property rights and improving the overall efficiency of the national innovation system.
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