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How Does the Concentration of Determinants Affect Industrial Innovation Performance? - An Empirical Analysis of 23 Chinese Industrial Sectors.
- Source :
- PLoS ONE, Vol 12, Iss 1, p e0169473 (2017)
- Publication Year :
- 2017
- Publisher :
- Public Library of Science (PLoS), 2017.
-
Abstract
- The agglomeration of innovation determinants has a significant influence on the innovation performance of industries and enterprises. Such an effect has received less attention in empirical research studies. This study involves a survey of the agglomeration effect of two important innovation determinants, R&D investment and R&D personnel, and its influence on innovation performance from the perspective of the industrial level. We analysed the agglomeration features based on the panel data of 23 Chinese industrial sectors from 2001~2013. An interpretation model is proposed to examine the agglomeration effect on innovation performance for 4 industrial groups: state-owned enterprises, individual enterprises, foreign-owned enterprises and enterprises as a whole. We found two main results. First, the agglomeration of determinants has a clear positive effect on the innovation performance of all 4 groups but affects individual enterprises more significantly, followed by state-owned and foreign-owned enterprises. Second, the state-owned enterprises show a much higher concentration of R&D investment and R&D personnel than other groups. However, the induced innovation efficiency in the state-owned enterprises is worse than in the individual enterprises. The advantage of resources and capital does not translate into corresponding innovation output. The privately owned small and medium-sized enterprises (SMEs) show a high capability of technological innovation and mercerization but have limited innovation resources.
Details
- Language :
- English
- ISSN :
- 19326203
- Volume :
- 12
- Issue :
- 1
- Database :
- Directory of Open Access Journals
- Journal :
- PLoS ONE
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.bed9a848aae74c8db36d7f34b9c8fbfc
- Document Type :
- article
- Full Text :
- https://doi.org/10.1371/journal.pone.0169473