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dc.contributor.authorZhou, Yixiao
dc.date.accessioned2017-01-30T15:03:44Z
dc.date.available2017-01-30T15:03:44Z
dc.date.created2015-06-29T20:00:50Z
dc.date.issued2014
dc.identifier.citationZhou, Y. 2014. Role of Institutional Quality in Determining the R&D Investment of Chinese Firms. China & World Economy. 22 (4): pp. 60-82.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/43002
dc.identifier.doi10.1111/j.1749-124X.2014.12075.x
dc.description.abstract

This study adds to the understanding of China's innovation prospects by examining how variations in institutional quality within China impact on the R&D efforts of firms located in different provincial regions. In the process of identifying the effect of institutional quality, the roles of other factors such as ownership types and market structures are revealed, which provides interesting insight into firms' R&D behavior. The key findings suggest that institutional quality positively affects the decision of firms to engage in R&D activities. Once firms start to engage in R&D, the subsequent expansion of firm-level R&D intensity depends on factors such as market structure. Therefore, strengthening domestic institutional quality is the first critical step towards the goal of building a knowledge-intensive economy in China. Efforts to nurture market development are also important for achieving this goal.

dc.publisherWiley-Blackwell
dc.subjectthe Chinese economy
dc.subjectR&D investment
dc.subjectinstitutional quality
dc.subjectinnovation
dc.titleRole of Institutional Quality in Determining the R&D Investment of Chinese Firms
dc.typeJournal Article
dcterms.source.volume22
dcterms.source.number4
dcterms.source.startPage60
dcterms.source.endPage82
dcterms.source.issn1749-124X
dcterms.source.titleChina & World Economy
curtin.departmentDepartment of Economics & Property
curtin.accessStatusFulltext not available


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