The independent innovation performance of Chinese industries

Abstract

Abstract: The performance of independent innovation in Chinese industries is explored by constructing a model of trans-log production function, and taking advantage of the penal data from the year of 1999 to 2008, covering 33 industries in China. The main findings are as follows: (1) as a whole, the elasticity of R&D capital stock on yield for Chinese large and middle-sized industrial enterprises is very low; (2) there is a significant elasticity differences among 33 industries; (3) although the promoting effect of independent innovation on industry growth is weak, the improving trend of the effect gradually reveals itself. Furthermore, some political connotations about these conclusions are proposed.

Key words: innovation performance, R&D capital stock on yield elasticity, trans-log production function

CLC Number:

F424.3

Xiang Benwu. The independent innovation performance of Chinese industries[J]. Science Research Management, 2013, (7): 39-44.

References

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