The channel sources of technology innovations in indigenous firmsof Chinese high technology industries

Liang Hua, Zhang Zongyi

Science Research Management ›› 2011, Vol. 32 ›› Issue (6) : 26-35.

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Science Research Management ›› 2011, Vol. 32 ›› Issue (6) : 26-35.

The channel sources of technology innovations in indigenous firmsof Chinese high technology industries

  • Liang Hua, Zhang Zongyi
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Abstract

The technology-push theory and the market-pull theory are combined, and the sources of technology innovations are categorized into three channel sources with technology-push effect (in-house R&D, technology transfer, and technology spillover) and one with market-pull effect (back-propagation of user innovations). Based on the panel data of Chinese high technology industries, the general method of moments is employed to investigate the effectiveness of various channel sources of technology innovations in a unified framework. The empirical evidence shows that the effective channel sources of technology innovations in indigenous firms of Chinese high technology industries include: (1) in-house R&D, (2) foreign technology transfer, (3) intra-industry technology spillover from joint ventures, (4) inter-industry technology spillover from joint ventures, (5) back-propagation of foreign user innovations, and (6) back-propagation of domestic user innovations. The indigenous firms of Chinese high technologies industries heavily rely on foreign core technologies and key equipments, which results in the ineffectiveness of domestic technology transfer and inter-industry technology spillover from indigenous firms as the channel sources of technology innovations. Therefore, the Chinese government should provide more preferential policies for indigenous firms of Chinese high technology industries to strengthen their independent innovations and promote the commercialization of high technology achievements.

Key words

in-house R&D / technology transfer / technology spillover / back-propagation of user innovations

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Liang Hua, Zhang Zongyi. The channel sources of technology innovations in indigenous firmsof Chinese high technology industries[J]. Science Research Management. 2011, 32(6): 26-35

References

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