The Influence of International Trade on Chinese Technology Innovation Capacity of Hi-Tech Industry

摘要

The paper used panel data from 1996-2012 of Hi-Tech industry to analyze the influence of export and import, R&D expenditure and research personnel on the Chinese enterprises' technology innovation capacity. The empirical result states that international trade has positive effect on technology innovation capacity, in which the influence of import is stronger than that of the export. In addition, international trade has relatively more significant impact in eastern district than in middle and western district. Innovation is, in general, the new production method, new products and new organization of the industry in economic world. Innovation assist to decrease unit production cost and extend the market for enterprises which can enhance its competitiveness. Endogenous innovation and exogenous innovation are usual classification, in order to pursue larger profit based on the defeat of their competitors; companies are willing to initiate the innovation procedure to obtain monopoly in the market. The desire of success leads those companies to invest in innovation, especially in the circumstance of thorough protection system of patent and intellectual property, which is called endogenous innovation. Exogenous innovation refers to the research output from high-education colleges and non-profit institutions, those innovations can be transferred to new products and new process technology. The importance of innovation to companies, to specific extent, to the high-tech companies, is turning the unique products and the substantial financial profit into reality. The companies' capacity of translating products innovation and technology imitation from others to its own productivity is crucial factor as to whether or not it can achieve the financial values, and we call this capacity as technology innovation capacity.