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How Different Kinds of Innovation Affect Trade Performance of Enterprises in China?

机译:不同类型的创新如何影响中国企业的贸易绩效?

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The authors greatly acknowledge financial support from the Ministry of Education, P.R., China for the major research project “ A Study on the Transformation of China’s Outward Pattern of Economic Development (13JJD790021)”. Abstract The paper aims to empirically investigate the impact of the different kinds of technological innovation on export performance of Chinese manufacturing industries. To do this, we distinguish between different dimensions of innovation activities including R&D intensity, innovation capability, invention intensity, skill intensity, foreign technology and new product development, and examine their distinct impact on industrial export. The fixed-effect and instrumental variable (IV) regression methods have been applied on a panel dataset of China’s two-digit manufacturing industries over the 1998-2013 period. The results indicate that R&D intensity and innovation capability are significant determinants of export performance in China while the effect that innovation capability have made on export is greater than R&D intensity. In addition, invention intensity, skill intensity and foreign technology have broadly accelerated the export performance of China’s manufacturing industries. However, skill intensity and foreign technology have the relatively stronger effect on export among different kinds of innovation indicators. Furthermore, Chinese exports have greatly benefitted from the activities which are linked to the new product development. Our result reveal that China’s inclusion into WTO in 2002 has been a stimulating factor for country’s trade liberalisation process. These results are robust to several tests and sensitivity checks, as well as alternative measures on various channels of technological innovation. The evidence has significant policy lessons for China and other emerging countries.
机译:作者非常感谢中国教育部为重大研究项目“中国经济发展的外向型转变研究(13JJD790021)”提供的资金支持。摘要本文旨在实证研究不同类型的技术创新对中国制造业出口绩效的影响。为此,我们区分了创新活动的不同维度,包括研发强度,创新能力,发明强度,技能强度,外国技术和新产品开发,并考察了它们对工业出口的独特影响。固定效应和工具变量(IV)回归方法已应用于1998-2013年间中国两位数制造业的面板数据集。结果表明,研发强度和创新能力是中国出口绩效的重要决定因素,而创新能力对出口的影响大于研发强度。此外,发明强度,技术强度和国外技术广泛地促进了中国制造业的出口表现。但是,技能强度和国外技术在不同种类的创新指标中对出口的影响相对较大。此外,与新产品开发相关的活动使中国出口产品受益匪浅。我们的结果表明,2002年中国加入WTO一直是该国贸易自由化进程的刺激因素。这些结果对于多种测试和敏感性检查以及在各种技术创新渠道上的替代措施均十分可靠。证据为中国和其他新兴国家提供了重要的政策教训。

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