An Evolutionary View on China’s Markets for Technology

Evidence from Patent Trades

Bibliographic Data

ID16911913
AuthorsRuifeng Hu (0000-0002-3421-0001, Xihua University, corresponding author), Teng Cai (0000-0002-4443-4156, Xihua University), Weiqiao Xu (0000-0002-5540-0322, Xihua University)
Year2024
Volume14
Issue4
Publication date2024-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSAGE Open (JOURNAL)
Journal identifiersISSN: 2158-2440 • E-ISSN: 2158-2440
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/21582440241305203
OpenAlexW4405417903
LanguageEN
References cited91

Markets for technology have undergone remarkable changes and received considerable attention, but few studies focus on the markets of a developing country from an evolutionary perspective. Using a unique dataset of patent trades from the National Intellectual Property Administration, PRC (CNIPA), this study seeks to uncover the landscape of China’s markets for technology (CMFT) from an evolutionary view. The research findings show that (1) patent trades in the CMFT have experienced a notable increase, with an average growth rate of 22.3%; (2) the average age and geographical distance of traded patents are 6.3 years and 71.97 km; (3) spatial autocorrelation analysis shows that patent trades in the western region present increasingly stronger correlation; (4) social network analysis indicates that the patent trading network has gotten growing dense over time. We expect this descriptive study to present some basic evidence for theoretical development and consequent research about the markets for technology

Business · China · Economics · Financial economics · Industrial organization · International trade · Political science · Economic Growth and Productivity · Firm Innovation and Growth · Intellectual Property and Patents · Law

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