Do state-owned enterprises influence technological development?

被引：2
|
作者：
Yan, Eric [1 ]
机构：
[1] Monash Univ, Clayton, Vic 3800, Australia
来源：
ECONOMICS LETTERS | 2020年 / 193卷
关键词：
In-house innovation vs. imitation; State-owned firms;
D O I：
10.1016/j.econlet.2020.109306
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
A policymaker may intervene to lower royalties of licensed technology when state-owned firms have higher expenditures on technology. In this paper, we show that firms may more tend to imitate than to innovate when, due to this intervention, the marginal benefit of innovation shrinks in comparison with imitation. We empirically confirm this by comparing China to India, as these two countries promote state-owned firms to different degrees. (C) 2020 Elsevier B.V. All rights reserved.
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页数：3
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