Duplicity of R&D, outside technological opportunity and the R&D relationship between industries ——An empirical study based on the panel data of industries in China

Science Research Management ›› 2011, Vol. 32 ›› Issue (3): 23-28 .

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Duplicity of R&D, outside technological opportunity and the R&D relationship between industries ——An empirical study based on the panel data of industries in China

Sun Huihuang1, He Shufeng2

1. School of Economics, Southwest University of Political Science and Law, Chongqing 401120, China;
2. School of International Business Administration, Shanghai University
of Finance and Economics, Shanghai 200433, China

Received:2009-09-07 Revised:2009-12-31 Online:2011-03-27 Published:2011-04-15

Abstract

Abstract: Abstract: Because of the duplicity of R&D, outside technological opportunity may be substituted for firm’s internal R&D, and it may also encourage firm to increase R&D investment so as to enhance absorptive capacity. This paper analyzes empirically the relationship of R&D between industries using the panel data collected from China’s 34 industries from year 1998 to 2006.The empirical results show that the relationship of R&D between industries is complementary as the whole. The further research indicates that the R&D among manufacturing industries has the relationship of substitution, while the R&D among manufacturing industries and non-manufacturing industries has the relationship of complementation

Key words: duplicity of R&D, outside technological opportunity, system-GMM, absorptive capacity

CLC Number:

F425

Sun Huihuang1, He Shufeng2
. Duplicity of R&D, outside technological opportunity and the R&D relationship between industries ——An empirical study based on the panel data of industries in China[J]. Science Research Management, 2011, 32(3): 23-28 .

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Duplicity of R&D, outside technological opportunity and the R&D relationship between industries ——An empirical study based on the panel data of industries in China

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