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R&D, Technology Transfer and Innovation Performance: Evidence from Chinese Industries
Abstract:
Based on the data of large and medium-sized industrial enterprises put forward by National Bureau of Statistics of China, over the period 1991-2007, this paper empirically investigates the dynamic econometrical relationship among R&D, technology transfer, including imports of technology and purchase of domestic technology and innovation performance which is denoted by new product sales, using ADF unit root test, co-integration analysis and granger causality test. The empirical research results indicate that innovation performance is granger causing R&D and technology transfer, while R&D and technology transfer are not granger causing innovation performance. Neither the feedback effect between R&D and innovation performance nor that between technology transfer and innovation performance is occurring.
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1302-1307
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May 2010
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© 2010 Trans Tech Publications Ltd. All Rights Reserved
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