How innovation openness affects Chinese manufacturing industries' international competitiveness: an empirical study based on the panel data from the year 2000 to 2010
Zhou Zhi-jua
Abstract
Zhou Zhi-jua
Abstract
The paper analyses the impact of openness of technological innovation on the international competitiveness of Chinese manufacturing industries,some hypothesis have also been proposed. In order to test these hypotheses,an econometric model was established,and the panel data comes from Chinese manufacturing industries from the year of 2000 to 2010. The results show that the openness of technological innovation has a positive influence on the international competitiveness of Chinese manufacturing industries,including international market share,international trade competitiveness,revealed comparative advantage and industry export proportion.Moreover,under the highly market competitive environment,Chinese firms with higher human capital quality will get more profit from open innovation.
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The paper analyses the impact of openness of technological innovation on the international competitiveness of Chinese manufacturing industries,some hypothesis have also been proposed. In order to test these hypotheses,an econometric model was established,and the panel data comes from Chinese manufacturing industries from the year of 2000 to 2010. The results show that the openness of technological innovation has a positive influence on the international competitiveness of Chinese manufacturing industries,including international market share,international trade competitiveness,revealed comparative advantage and industry export proportion.Moreover,under the highly market competitive environment,Chinese firms with higher human capital quality will get more profit from open innovation.
Key concepts: Openness to experience, Panel data, Manufacturing, Order (exchange), Business, Industrial organization, Profit (economics), International trade