R&D of Chinese Firms: Characteristics and Implications

5 Pages Posted: 4 Oct 2013 Last revised: 12 Sep 2014

See all articles by Ik Joon Moon

Ik Joon Moon

Korea Institute for International Economic Policy

Su Yeob Na

Korea Institute for International Economic Policy

Jina Yeo

Korea Institute for International Economic Policy

Minsook Park

Independent

Jonghak Eun

Kookmin University

Date Written: Septmber 27, 2013

Abstract

Recently, China is facing limitations in economic growth driven by the expansion of factor-inputs, which allowed China to achieve economy of scale, using its abundant labor and capital. Therefore, China now is seeking to change its paradigm of economic growth into an innovation-oriented one where knowledge increases economic productivity. As a result, investment in research and development (R&D) and patents have sharply risen. This would be a good time to assess the policies and strategies for R&D in China to draw up some meaningful implications. This study contains Chinese government policies for R&D, current state of Chinese firms 'R&D, characteristics of Chinese patents according to the new method of patent classification and Chinese firms’ reverse-innovation and globalization strategies.

Keywords: Research and Development, Science technology, Innovation policy, R&D activities, Patents-China, R&D cooperation, Chinese firms, China

Suggested Citation

Moon, Ik Joon and Na, Su Yeob and Yeo, Jina and Park, Minsook and Eun, Jonghak, R&D of Chinese Firms: Characteristics and Implications (Septmber 27, 2013). KIEP Research Paper NO. World Economy Update-13-42. Available at SSRN: https://ssrn.com/abstract=2335925 or http://dx.doi.org/10.2139/ssrn.2335925

Ik Joon Moon (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Su Yeob Na

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Jina Yeo

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Minsook Park

Independent ( email )

No Address Available
United States

Jonghak Eun

Kookmin University ( email )

Chongnung-dong, Songbuk-gu
Seoul, 136-702
Korea, Republic of (South Korea)

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