Science Research Management ›› 2008, Vol. 29 ›› Issue (5): 167-172 .

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A comparative study on the efficiency of patent output between the public R&D institutions and enterprises in China

Zhang Chuanjie1, Wan Xiaoli2   

  1. 1. Schools of Economics, Huazhong University of Science & Technology, Wuhan 430074, China;
    2. Schools of Management, Huazhong University of Science & Technology, Wuhan 430074, China
  • Received:2007-10-16 Revised:1900-01-01 Online:2008-01-01 Published:2008-01-01

Abstract: The econometric relationship of R&D expenditure and patent output in both enterprises and public R&D institutions is analyzed by co-integration and Granger causal analysis of econometrics. The results indicate that the relationship between R&D expenditure and patent output in both enterprises and public R&D institutions has a stationary long-run equilibrium tendency. Furthermore,the output efficiency for different patents presented different by the two main innovation bodies. Public R&D institutions have an advantage on the invention patent output, while enterprises have an advantage on practical patent output.

Key words: large and medium-sized enterprise, public R&D institution, R&D expenditure, efficiency of patent output

CLC Number: