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Promoting corporate independent innovation through judicial protection of intellectual property rights

Bibliographic Data

ID6045463
AuthorsDong Chen (0009-0008-8780-8323, Chengdu University), Shi Chen (0000-0003-0537-3730, Southwestern University of Finance and Economics, corresponding author)
Year2024
Volume4
Issue3
Pages167-181
Publication date2024-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueChina Economic Quarterly International (JOURNAL)
Journal identifiersISSN: 2666-9331 • E-ISSN: 2666-9331
PublisherElsevier BV (PUBLISHER)
DOI10.1016/j.ceqi.2024.09.002
OpenAlexW4403094290
LanguageEN
Citations received1
References cited46

This study examines the impact of judicial protection of intellectual property rights on firms' independent innovation. Using a staggered difference-in-differences model with panel data from Chinese manufacturing listed businesses (2014–2021) and the successive establishment of intellectual property courts in Chinese prefectural-level cities as a quasi-natural experiment, we find that establishing intellectual property courts in China encourages businesses to accumulate more technology-based intangible assets. Mechanism analysis suggests that judicial intellectual property protection enhances enterprises' independent innovation capacity by establishing a conducive institutional framework. This stimulating effect is particularly significant for industry-leading companies with technological supremacy. Heterogeneity analysis reveals that judicial intellectual property protection increases the generation of patents and trade secrets, with a more pronounced effect on firms receiving higher government research and development subsidies and better tax incentives. This study offers valuable insights for policymakers to encourage corporate independent innovation

Business · Economics · Intellectual property · Law and economics · Political science · Property rights · Innovation Policy and RD · Intellectual Property and Patents · Law · Private Equity and Venture Capital

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Unique citing works1
Citations per year1
Citation span2025 - 2025 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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